Source: https://ecode360.com/28486185
Timestamp: 2020-05-29 07:39:12
Document Index: 146826862

Matched Legal Cases: ['§ 150', '§ 150', '§ 150', '§ 150', '§ 150', '§ 150', '§ 150', '§ 150', '§150', '§1', '§150', '§2', '§2', '§150', '§3', '§3', '§150', '§4', '§150', '§5', '§150', '§6', '§150', '§8', '§150', '§9']

City of Trenton, MO Tax Increment Financing Commission
§ 150.010 Creation.
§ 150.020 Composition.
§ 150.030 Terms.
§ 150.040 Members Authorized To Vote — When.
§ 150.050 Powers.
§ 150.060 Organization.
§ 150.070 Meetings.
§ 150.080 Records and Minutes.
Chapter 150 Tax Increment Financing Commission
Section 150.010 Creation.
Section 150.020 Composition.
Section 150.030 Terms.
Section 150.040 Members Authorized To Vote — When.
Section 150.050 Powers.
Section 150.060 Organization.
Section 150.070 Meetings.
Section 150.080 Records and Minutes.
[R.O. 2011 §150.010; Ord. No. 95-24 §1, 6-28-1995]
There is created pursuant to Section 99.820.2, RSMo., of the Act a Commission to be known as the "Tax Increment Financing Commission of Trenton, Missouri" (the "Commission"). The Commission shall have continuous existence unless and until terminated by the adoption of an ordinance of the City Council of the City terminating it.
[R.O. 2011 §150.020; Ord. No. 95-24 §2, 6-28-1995; Ord. No. 98-47 §2, 8-26-1998]
The Commission shall be composed of eleven (11) members to be appointed as follows:
Within thirty (30) days after the receipt of notice of a proposed redevelopment area, redevelopment plan or redevelopment project required by Section 99.820 of the Act, two (2) members shall be appointed by the school boards, whose districts are included within such redevelopment plan or redevelopment area. The manner of selection of the members is left to the discretion of the affected districts.
Within thirty (30) days after the receipt of notice of a proposed redevelopment area, redevelopment plan or redevelopment project required by Section 99.830 of the Act, one (1) member shall be appointed in any manner agreed upon by the affected districts, to represent all other districts levying ad valorem taxes (excluding the representatives of the City Council of the City) within the area selected for a redevelopment plan or redevelopment area.
Within thirty (30) days after the receipt of the notice of a proposed redevelopment area, redevelopment plan or redevelopment project required by Section 99.830 of the Act, two (2) members shall be appointed by the County in which such redevelopment area, redevelopment plan, or redevelopment project is located to be appointed by the chief elected officer of the County with the consent of the majority of the Governing Body of the County.
If any school district, County, or other taxing jurisdiction fails to appoint members of the Commission within thirty (30) days of receipt of written notice of a proposed redevelopment plan, redevelopment project or designation of a redevelopment area, the remaining members may proceed to exercise the power of the Commission.
Six (6) members shall be appointed by the Mayor of the City, with the consent of the City Council.
[R.O. 2011 §150.030; Ord. No. 95-24 §3, 6-28-1995; Ord. No. 98-47 §3, 8-26-1998]
The terms of the members shall be as set forth in Section 99.820.2, RSMo., of the Act and at the option of the members appointed by the Mayor with the consent of the City Council, the members who are appointed by the school board and other taxing districts may serve on the Commission for a term which coincides with the length of time such redevelopment area for which they were appointed is to be considered for approval by the Commission or for a definite term. If the members representing school districts and other taxing districts are appointed for a term coinciding with the length of time a redevelopment project, plan or area is considered for approval, such term will terminate upon final approval of such redevelopment project, redevelopment plan or designation of the redevelopment area by the City Council.
Those Commission members who are appointed by the school boards or other taxing districts shall only be authorized to vote on matters specifically and directly relating to the redevelopment plan, redevelopment project or redevelopment area upon which their affected taxing districts levy ad valorem taxes unless said Commission members are authorized by the Commission members appointed by the Mayor with the consent of the City Council to vote on additional matters.
With regard to the terms of the first six (6) members appointed by the Mayor with the consent of the City:
Two (2) shall be designated to serve for terms of two (2) years;
Two (2) shall be designated to serve for terms of three (3) years; and
Two (2) shall be designated to serve for terms of four (4) years.
Thereafter, members appointed by the Mayor with the consent of the City Council shall serve for a term of four (4) years. (All vacancies shall be filled for the unexpired terms in the same manner as were the original appointments.)
[R.O. 2011 §150.040; Ord. No. 95-24 §4, 6-28-1995]
Those Commission members who are appointed by the school boards or other taxing districts shall only be authorized to vote on matters specifically and directly relating to the development plan, redevelopment project or redevelopment area upon which their affected taxing districts levy ad valorem taxes.
[R.O. 2011 §150.050; Ord. No. 95-24 §5, 6-28-1995]
The City authorizes the Commission to exercise all the powers enumerated under the Act, except the final approval of plans, projects and the designation of redevelopment areas.
[R.O. 2011 §150.060; Ord. No. 95-24 §6, 6-28-1995]
The Commission shall organize itself and elect from its number a Chairman, Vice Chairman, Treasurer and Secretary, each to serve for one (1) year terms or until their successors are elected.
[R.O. 2011 §150.070; Ord. No. 95-24 §8, 6-28-1995]
The Tax Increment Financing Commission shall meet regularly and shall adopt such rules and regulations for operation as shall enable it to maintain an orderly procedure for its business and to effectively and efficiently exercise the powers authorized by the Statute and delegated to it by the City Council.
[R.O. 2011 §150.080; Ord. No. 95-24 §9, 6-28-1995]
The Commission shall keep records and minutes of its meetings and shall report annually to the City Council with regard to its activities.