Cross Reference — As to relocation policy, see ch. 510.
[Ord. No. 122 §1, 10-28-1996]
Pursuant to Sections 99.800 to 99.865, RSMo., the Board of Aldermen
of the City of Green Park hereby creates a commission, to be known
as the Tax Increment Financing Commission of the City of Green Park
(the "Commission"), for its exclusive consideration
of the proposed redevelopment of the area generally bound by Lindbergh
Boulevard, Yuma Drive, Kohrs Lane and the Burlington Northern Railroad
right-of-way (the "Redevelopment Area"). Said Commission shall be
appointed and shall exist and function in accordance with the Real
Property Tax Increment Allocation Redevelopment Act of the State of
Missouri and this Chapter.
[Ord. No. 122 §2, 10-28-1996]
Pursuant to Section 99.820.2 of the TIF Act, the Commission
shall consist of nine (9) members, six (6) of which shall be appointed
by the Mayor with the consent of the Board of Aldermen, two (2) of
which shall be appointed by the school district(s) affected by the
proposed redevelopment and one (1) of which shall be appointed by
all other affected taxing jurisdictions.
[Ord. No. 122 §3, 10-28-1996]
The Mayor is hereby authorized and directed to recommend to
the Board of Aldermen for its consideration the appointment of six
(6) individuals for membership to the Commission. The Board shall
approve the Mayor's appointments by resolution, with two (2) members
having terms of two (2) years, two (2) members having terms of three
(3) years, and two (2) members having terms of four (4) years. Thereafter,
any member appointed shall serve a term of four (4) years.
[Ord. No. 122 §4, 10-28-1996]
The City Clerk is hereby authorized and directed to notify the
affected school district(s) and all other affected taxing jurisdictions
by letter of the City's creation of this Commission. The Clerk shall
include in such notice a copy of this Chapter and request that these
taxing jurisdictions appoint their respective members to the Commission
in accordance with the TIF Act.
[Ord. No. 122 §5, 10-28-1996]
Members of the Commission shall serve until their successors
are duly appointed, and any vacancies shall be filled as provided
by the TIF Act and this Chapter. The Commission shall have continuous
and perpetual existence until terminated by law or by the Board of
Aldermen.
[Ord. No. 122 §6, 10-28-1996]
The Commission shall organize itself and elect from its number
a Chairman, Vice Chairman, and Secretary each to serve for one (1)
year terms or until their successors are elected, and the Commission
shall meet regularly and shall adopt such rules and regulations for
its operation as shall enable it to maintain an orderly procedure
for its business and to effectively and efficiently exercise the powers
authorized by the TIF Act and delegated to it by the Board of Aldermen.
The TIF Commission shall keep records and minutes of its meetings
and shall report at least annually to the Board of Aldermen respecting
its activities.
[Ord. No. 122 §7, 10-28-1996]
The Commission shall serve as an advisory body to the City for
the consideration of tax increment financing redevelopment proposals
for the Redevelopment Area only, in accordance with the TIF Act, and
the Commission shall hold public hearings, give notice and provide
its recommendations to the Board of Aldermen on all proposed redevelopment
plans, redevelopment projects and the designation of the proposed
Redevelopment Area, including any proposed amendments, all as provided
by the Act.
