[R.O. 2013 §125.070; Ord. No. 1056 §1, 1-2-1992; Ord.
No. 1393 §1, 6-15-1998; Ord. No. 1803 §1, 11-2-2009]
A.
There
is hereby established the Tax Increment Financing Commission (the
"TIF Commission") of the City of Valley Park, Missouri (the "City").
The TIF Commission shall consist of twelve (12) members as follows:
1.
Six (6) members appointed by the St. Louis County Executive;
2.
Three (3) members appointed by the cities, towns, or villages in
St. Louis County which have tax increment financing districts, in
a manner in which the chief elected officers of such cities, towns
or villages agree;
3.
Two (2) members appointed by the school boards whose districts are
included in St. Louis County, in a manner in which the school boards
agree; and
4.
One (1) member appointed by all other districts levying ad valorem
taxes in the proposed redevelopment area, in a manner in which all
such districts agree.
B.
Members
appointed to the TIF Commission, except those six (6) members appointed
by the St. Louis County Executive, shall serve on the TIF Commission
for a term to coincide with the length of time a redevelopment project,
redevelopment plan, designation of a redevelopment area, or any amendment
thereto is considered for approval by the TIF Commission. The six
(6) members appointed by the St. Louis County Executive shall serve
on the TIF Commission until replaced.
[R.O. 2013 §125.080; Ord. No. 1056 §2, 1-2-1992; Ord.
No. 1393 §1, 6-15-1998; Ord. No. 1803 §1, 11-2-2009]
A.
The
TIF Commission shall have the following duties:
1.
To hold public hearings required by Sections 99.800 to 99.865, RSMo.
(the "TIF Act") on any proposed redevelopment plan, redevelopment
project, designation of a redevelopment area or any amendments thereto.
The TIF Commission shall fix a time and place for such public hearing
within fifteen (15) days from receipt of a redevelopment plan meeting
the minimum requirements of Section 99.810 of the TIF Act as determined
by counsel to the City. Such public hearing shall take place no later
than seventy-five (75) days from receipt of the redevelopment plan.
2.
Provide all notices as required by the TIF Act.
3.
Vote and make recommendations to the Board of Aldermen on all proposed
redevelopment plans, redevelopment projects, designations of redevelopment
areas, and amendments thereto within thirty (30) days following the
completion of the public hearing. If the TIF Commission fails to vote
within thirty (30) days following the completion of the public hearing
referred to in Section 99.825 of the TIF Act concerning the proposed
redevelopment plan, redevelopment project, or designation of redevelopment
area, or any amendments thereto, such plan, project, designation,
or amendment thereto shall be deemed rejected by the TIF Commission.
[R.O. 2013 §125.090; Ord. No. 1056 §3, 1-2-1992; Ord.
No. 1393 §1, 6-15-1998; Ord. No. 1803 §1, 11-2-2009]
A.
The
TIF Commission established under this Article shall elect a Chairperson,
a Vice Chairperson, and a Secretary, each of whom shall serve in that
capacity for one (1) year. The TIF Commission may adopt from time
to time such rules and regulations as the TIF Commission may deem
necessary. The TIF Commission shall call upon the City Attorney or
upon special counsel designated by the Board of Aldermen for all legal
opinions and legal services which the TIF Commission may require in
the performance of the duties under this Article. The TIF Commission
shall call upon the planning consultant designated by the Board of
Aldermen for all technical planning services which the TIF Commission
may require in the performance of duties under this Article.
B.
The
City hereby adopts the following procedures for bids and proposals
for the implementation of redevelopment projects:
1.
The City or the TIF Commission shall issue a request for proposal
("RFP") with respect to the implementation of each proposed redevelopment
project.
2.
Each RFP shall describe the general objective for each proposed redevelopment
area or redevelopment project.
3.
Each RFP shall provide a reasonable opportunity for any person to
submit alternative proposals or bids.
4.
Each RFP or notice thereof shall be mailed to those persons or firms
which the City's planning consultant determines might be interested
in submitting a bid or proposal, and shall be published in a newspaper
of general circulation in the City. Each RFP shall provide at least
thirty (30) days for the submission of a bid or proposal.
5.
Each proposal must demonstrate that "but for" the use of tax increment
financing, the project is not feasible and would not be completed.
6.
Criteria for the selection of proposals will include the impact of
the proposed project on the City and other taxing jurisdictions, including
the projected term for which tax increment financing will be utilized.
The City or the TIF Commission may establish such additional criteria
as it deems appropriate for the selection of bids and proposals; provided
such criteria shall be generally stated in the request for proposals.
[R.O. 2013 §125.100; Ord. No. 1803 §1, 11-2-2009]
As of the effective date of the ordinance codified in this Section, the TIF Commission established pursuant to Section 125.070 shall assume all outstanding obligations of any previously established Tax Increment Financing Commission of the City and any such previously established Tax Increment Financing Commission shall cease to exist, except as may be necessary to complete a public hearing for which notice under Section 99.830 of the TIF Act has been provided prior to August 28, 2008 and to vote or make recommendations relating to the redevelopment plans, redevelopment projects, designation of redevelopment areas, or amendments thereto that are the subject of such public hearing.
