Source: https://www.ecode360.com/29302974
Timestamp: 2020-05-28 16:37:37
Document Index: 95500671

Matched Legal Cases: ['§ 155', '§ 155', '§ 155', '§ 155', '§ 155', '§ 155', '§ 155', '§160', '§1', '§160', '§2', '§160', '§3', '§160', '§4', '§160', '§5', '§160', '§6', '§160', '§7']

City of Excelsior Springs, MO Tax Increment Financing Commission
§ 155.010 Creation.
§ 155.020 Composition.
§ 155.030 Terms of Members.
§ 155.040 Restricted Voting for Certain Members.
§ 155.050 Powers.
§ 155.060 Organization.
§ 155.070 Meeting.
Chapter 155 Tax Increment Financing Commission
Editor's Note: Ord. no. 08-9-2 has established terms for this commission of tax increment financing to be uniform with the terms of other boards and commissions with terms commencing September 30, 2009.
Section 155.010 Creation.
Section 155.020 Composition.
Section 155.030 Terms of Members.
Section 155.040 Restricted Voting for Certain Members.
Section 155.050 Powers.
Section 155.060 Organization.
Section 155.070 Meeting.
[R.O. 2012 §160.010; Ord. No. 93-12-9 §1, 12-22-1993]
There is created pursuant to Section 99.820.2 of the Act a Commission to be known as the "Tax Increment Financing Commission of Excelsior Springs, 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. 2012 §160.020; Ord. No. 93-12-9 §2, 12-22-1993]
The Commission shall be composed of nine (9) 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 99.830 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 receipt of the mailed notice required by Section 99.830 of the Act, notice of a proposed redevelopment area, redevelopment plan or redevelopment project, 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.
[R.O. 2012 §160.030; Ord. No. 93-12-9 §3, 12-22-1993]
The members who are appointed by the school board and other taxing district shall serve on the Commission for a term which coincides with the length of time such redevelopment project, redevelopment plan or the designation of the redevelopment area for which they were appointed is being considered for approval by the Commission. Such term will terminate upon final approval of such redevelopment project, redevelopment plan or designation of the redevelopment area by the City Council.
With regard to the term of the first six (6) members appointed by the Mayor with the consent of the City Council;
Two (2) shall be designated to serve for terms of two (2) years.
Thereafter, members appointed by the Mayor with the consent of the City Council shall serve for a term of four years. (All vacancies shall be filled for the unexpired terms in the same manner as were the original appointment).
[R.O. 2012 §160.040; Ord. No. 93-12-9 §4, 12-22-1993]
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.
[R.O. 2012 §160.050; Ord. No. 93-12-9 §5, 12-22-1993]
[R.O. 2012 §160.060; Ord. No. 93-12-9 §6, 12-22-1993]
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. 2012 §160.070; Ord. No. 93-12-9 §7, 12-22-1993]