reglab/housing_qa huggingface dataset:
MO Rev Stat § 100.281 (2021)
2021 Missouri Revised Statutes|Title VII - Cities, Towns and Villages|Chapter 100 - Industrial Development|Section 100.281 - Project plan, approval procedure — board to review and grant loan, when — borrowing power — sale of bonds.

Effective - 28 Aug 2006   100.281. Project plan, approval procedure — board to review and grant loan, when — borrowing power — sale of bonds. — 1. A request for a loan from the development and reserve fund, the infrastructure development fund, the export finance fund, or the jobs now fund to fund export trade activities or to carry out a project shall be in the form of an application for the project to the board, which application shall be in such form as the board may specify. After reviewing the application and such other information as the board may require, the board may grant all or a part of the loan request, provided the board determines that:  (1) The project will be a benefit to the economy or infrastructure of the state;  (2) The project will generate sufficient revenues or the borrower will otherwise have sufficient revenues available to enable the borrower to repay the loan to the development and reserve fund, the infrastructure development fund, the export finance fund, or the jobs now fund, along with any interest to be charged; and  (3) In the case of an infrastructure facility project, the loan will not exceed ten million dollars.  2. Notwithstanding any other provision of law to the contrary, all development agencies, as defined in section 100.255, shall have the power to borrow funds from the board for any project, to contract with the board, and to furnish a security interest in any of their revenues or properties to the board to secure a loan from the board and to issue notes in evidence thereof upon such terms as such development agencies shall determine.  3. When the board issues bonds to provide loans for more than one infrastructure project, the board shall make a reasonable effort to sell the bonds to a purchaser that represents a group consisting of more than one underwriter. ­­-------- (L. 1985 H.B. 416, A.L. 1986 S.B. 664 merged with S.B. 731 merged with H.B. 989 & 1390, A.L. 1989 H.B. 378, A.L. 1990 H.B. 1564, A.L. 2004 S.B. 1155, A.L. 2006 S.B. 718)
MO Rev Stat § 100.282 (2021)
2021 Missouri Revised Statutes|Title VII - Cities, Towns and Villages|Chapter 100 - Industrial Development|Section 100.282 - Limitations on approval of loans.

Effective - 28 Aug 2006   100.282. Limitations on approval of loans. — The Missouri development finance board, the Missouri health and educational* facilities authority, the Missouri higher education loan authority, the Missouri housing development commission, and the environmental improvement and energy resources authority shall only approve loan requests from the state, any agency or department of the state, or any state educational institution if the borrower's means of repayment is readily ascertainable and reliable. With the exception of annual appropriation debt for state-owned property, the entities listed in this section shall not approve such requests if the means of repayment is contingent upon state funding that has not been granted, unless the project has been approved by concurrent resolution of the general assembly, or similar legislative directive or approval. ­­-------- (L. 2006 S.B. 718)  *Word "education" appears in original rolls.
MO Rev Stat § 100.287 (2021)
2021 Missouri Revised Statutes|Title VII - Cities, Towns and Villages|Chapter 100 - Industrial Development|Section 100.287 - Default procedure — subrogation to rights of lender upon payment from fund, amount.

Effective - 28 Aug 1986   100.287. Default procedure — subrogation to rights of lender upon payment from fund, amount. — 1. The development and reserve fund shall be used to prevent a default in payment of principal or interest or to defray losses which may be incurred in connection with bonds, notes or loans secured by the development and reserve fund in accordance with the terms and provisions of the resolution or trust indenture of the board authorizing such bonds, notes or loans.  2. Upon certification by a participating lender that a loan secured by the development and reserve fund is in default and noncollectible, and that the property which secured the loan has been liquidated and applied against the debt, and after a review by the board and its determination of the same, the board shall distribute, from funds available in the development and reserve fund, an amount not to exceed ninety percent of the balance remaining to be paid by the borrower to the participating lender. Upon payment to a participating lender to repay any loan, the board shall become subrogated to the extent of such payment to all rights which the participating lender had against the borrower.  3. A loan or issue of bonds or notes secured by the development and reserve fund shall in no case constitute or be construed as an obligation or an indebtedness of this state or of the board, and neither the state nor the board shall be liable to repay any such loan, bonds or notes upon any condition. ­­-------- (L. 1985 H.B. 416, A.L. 1986 S.B. 731)
MO Rev Stat § 100.291 (2021)
2021 Missouri Revised Statutes|Title VII - Cities, Towns and Villages|Chapter 100 - Industrial Development|Section 100.291 - Guarantees issued by board, when — application, fee — information required.

Effective - 28 Aug 1985   100.291. Guarantees issued by board, when — application, fee — information required. — 1. The board may issue guarantees using moneys in the guarantee fund for bonds or notes issued by the board or by development agencies when the board makes the following findings:  (1) That the owners and lessees, if any, of the projects to be financed are found to be financially responsible, and that sufficient income may reasonably be expected to be derived from the projects to amortize the interest and principal amount of the bonds or notes;  (2) That the projects will benefit the economy of this state.  2. The board shall evaluate the financial condition and business history of project owners and lessees, and may require the attachment to each application for guarantee under sections 100.250 to 100.297 a financial report and evaluation by an independent certified public accounting firm, in addition to such examination and evaluation as the board may make, in determining whether the owner or lessee meets prescribed minimum standards and qualifications before entering into any guarantee under sections 100.250 to 100.297.  3. Every development agency requesting a bond or note guarantee under sections 100.250 to 100.297 shall submit to the board supporting documents, instruments, and other evidence showing the circumstances surrounding the issuance of the bonds or notes, and an initial guarantee fee and a premium payment as required by the board, to the guarantee fund. Such fees and payments may be collected by the development agency from the owners or lessees of the projects involved. ­­-------- (L. 1985 H.B. 416)
MO Rev Stat § 100.292 (2021)
2021 Missouri Revised Statutes|Title VII - Cities, Towns and Villages|Chapter 100 - Industrial Development|Section 100.292 - Guarantee agreement provisions.

Effective - 28 Aug 1985   100.292. Guarantee agreement provisions. — 1. Guarantee agreements for bonds or notes entered into by the board pursuant to the provisions of sections 100.250 to 100.297 shall provide that:  (1) The board guarantees, and is hereby required, to use the moneys in the guarantee fund to meet amortization payments as guaranteed under the provisions of sections 100.250 to 100.297, as the same become due, in the event, and to the extent, the board or the development agency issuing the bonds or notes is unable to meet such payments in accordance with the terms of the bond or note indenture when called on to do so; and  (2) The guarantee shall not be a general obligation of the state of Missouri, but shall be a special obligation, and in no event shall the guarantee be deemed an indebtedness of the state of Missouri, or of any political subdivision thereof, and shall not be deemed to be an indebtedness within the meaning of any constitutional or statutory limitation upon the incurring of indebtedness.  2. Whenever the board, acting under the terms of any guarantee agreement, deems it necessary to assume the obligation of maintenance of any project the amortization payments of which have been guaranteed by the board, the board may use funds available in the guarantee fund to pay insurance and maintenance costs required for the preservation of the project and to protect such fund from loss, or to minimize loss, in such manner as deemed necessary by the board.  3. In addition to the provisions required by this section the guarantee agreement shall include such other additional provisions, restrictions, and conditions as the board shall determine to be necessary, including, but not limited to, a detailing of the remedies that must be exhausted by the bondholders or noteholders prior to any enforcement of the guarantee agreement and the subrogation or other rights of the board with reference to the project and its operation in the event the board makes payment pursuant to the applicable guarantee agreement. ­­-------- (L. 1985 H.B. 416)
MO Rev Stat § 100.293 (2021)
2021 Missouri Revised Statutes|Title VII - Cities, Towns and Villages|Chapter 100 - Industrial Development|Section 100.293 - Citation — jobs now recommendation committee created, membership, duties — applications — preference given to certain projects — requests granted, determinations required.

Effective - 28 Aug 2013   100.293. Citation — jobs now recommendation committee created, membership, duties — applications — preference given to certain projects — requests granted, determinations required. — 1. This section, section 100.277, and sections 135.950 to 135.973 shall be known and may be cited as the "Jobs Now Act".  2. There shall be created a "Jobs Now Recommendation Committee", comprised of representatives of the department of economic development, the department of agriculture, the department of natural resources, and the department of transportation. The committee shall establish application materials and procedures for development agencies to apply to the board for grants or low-interest or interest-free loans for the purpose of funding jobs now projects.  3. Applications shall be submitted simultaneously to the committee and the board. The committee shall review the applications and prepare and submit analyses and recommendations to the board for a determination as to approval or denial of grants or loans from the jobs now fund.  4. In reviewing applications, the board shall give preference to redevelopment projects that protect natural resources or rehabilitate existing dilapidated or inadequate infrastructure in areas defined under section 135.530.  5. After reviewing applications and such other information as the board may require, the board may grant all or a part of a grant or loan request, provided the board determines:  (1) The jobs now project:  (a) Will not happen without the grant or loan from the board; or  (b) Will have a significant local economic impact; or  (c) Demonstrates high levels of job creation;  (2) In the case of a low-interest or interest-free loan, the jobs now project will generate sufficient revenues or the borrower will otherwise have sufficient revenues available to enable the borrower to repay the loan to the jobs now fund, along with any interest to be charged; and  (3) No loan or grant may exceed two million dollars. ­­-------- (L. 2004 S.B. 1155, A.L. 2013 H.B. 196)
MO Rev Stat § 100.300 (2021)
2021 Missouri Revised Statutes|Title VII - Cities, Towns and Villages|Chapter 100 - Industrial Development|Section 100.300 - Short title.

Effective - 28 Aug 1967   100.300. Short title. — Sections of this law shall be known and may be cited as "The Planned Industrial Expansion Law". ­­-------- (L. 1967 p. 172 § 1)  (1975) Held constitutional as not being special legislation because of limit as to cities over 400,000. State ex rel. Atkinson v. Planned Industrial Expansion Authority (Mo.), 517 S.W.2d 36.
MO Rev Stat § 100.320 (2021)
2021 Missouri Revised Statutes|Title VII - Cities, Towns and Villages|Chapter 100 - Industrial Development|Section 100.320 - Planned industrial expansion authority created, powers exercised, when.

Effective - 28 Aug 1967   100.320. Planned industrial expansion authority created, powers exercised, when. — There is hereby created in each city, as herein defined, a public body corporate and politic to be known as "The Planned Industrial Expansion Authority" of the city; provided, however:  (1) That such authority shall not transact any business or exercise its powers hereunder until and unless the governing body shall approve, by resolution or ordinance, the exercising in such city of the powers, functions and duties of an authority under this law;  (2) That the governing body of a city shall not adopt a resolution or ordinance pursuant to subdivision (1) above unless it finds:  (a) That one or more blighted, insanitary or undeveloped industrial areas exist in such community; and  (b) That the development of such area or areas is necessary in the interest of the public health, safety, morals or welfare of the residents of such city. ­­-------- (L. 1967 p. 172 § 3)
MO Rev Stat § 100.330 (2021)
2021 Missouri Revised Statutes|Title VII - Cities, Towns and Villages|Chapter 100 - Industrial Development|Section 100.330 - Commissioners, number reduced, appointment, term, vacancies.

Effective - 28 Aug 1980   100.330. Commissioners, number reduced, appointment, term, vacancies. — Subsequent to August 13, 1980, the number of commissioners shall be fifteen. Provided, however, by the process of attrition the number of commissioners shall be reduced from twenty-five to fifteen by the expiration of the terms of currently serving commissioners and nonreplacement of any vacancies. Commissioners shall be appointed for a term of four years each. All commissioners shall be appointed by the mayor or chief executive officer of the city, shall be taxpayers of the city, and shall have resided in the city for five years immediately prior to their appointment. All vacancies shall be filled by the mayor or chief executive officer of the city for the unexpired term, subsequent to the time the number of commissioners is reduced to fifteen by attrition. ­­-------- (L. 1967 p. 172 § 4, A.L. 1980 H.B. 1477)
MO Rev Stat § 100.331 (2021)
2021 Missouri Revised Statutes|Title VII - Cities, Towns and Villages|Chapter 100 - Industrial Development|Section 100.331 - Commissioners, number reduced, appointment, terms, qualifications, vacancies — consolidation plan authorized (St. Louis City).

Effective - 28 Aug 2001   100.331. Commissioners, number reduced, appointment, terms, qualifications, vacancies — consolidation plan authorized (St. Louis City). — 1. Notwithstanding the provisions of section 100.330 or any other provision of law to the contrary, beginning August 28, 2000, the number of commissioners in any city not within a county shall be five; provided that, by the process of attrition the number of commissioners shall be reduced from fifteen to five by the expiration of the terms of currently serving commissioners and nonreplacement of any vacancies. Commissioners shall be appointed for a term of four years each. All commissioners shall be appointed by the mayor of any such city, shall be taxpayers of the city, and shall have resided in the city for five years immediately prior to their appointment. All vacancies shall be filled by the mayor of the city for the unexpired term, subsequent to the time the number of commissioners is reduced to five by attrition.  2. At any time, the governing body of a city not within a county may adopt a plan of consolidation to combine the planned industrial expansion authority of such city with the land clearance for redevelopment authority of such city. ­­-------- (L. 2000 H.B. 1238 merged with S.B. 894, A.L. 2001 H.B. 596)
MO Rev Stat § 100.340 (2021)
2021 Missouri Revised Statutes|Title VII - Cities, Towns and Villages|Chapter 100 - Industrial Development|Section 100.340 - Commission, quorum, officers, legal services, how obtained.

Effective - 28 Aug 1967   100.340. Commission, quorum, officers, legal services, how obtained. — 1. The powers hereunder vested in each authority shall be exercised by the board of commissioners thereof. A majority of the commissioners shall constitute a quorum of such board for the purpose of conducting business and exercising the powers of the authority and for all other purposes. Action may be taken by the board upon a vote of a majority of the commissioners present, unless in any case the bylaws of the authority shall require a larger number. Meetings of the board of an authority may be held anywhere within the city.  2. The commissioners of an authority shall elect a chairman and vice chairman from among the commissioners; however, the first chairman shall be designated by the mayor. An authority may employ an executive director, technical experts and such other officers, agents and employees, permanent and temporary, as it may require, and shall determine their qualifications, duties and compensation. For such legal services as it may require, an authority may call upon the chief law officer of the communities within its area of operation or may employ its own counsel and legal staff. An authority may delegate to one or more of its agents or employees such powers or duties as it may deem proper. ­­-------- (L. 1967 p. 172 § 5)
MO Rev Stat § 100.350 (2021)
2021 Missouri Revised Statutes|Title VII - Cities, Towns and Villages|Chapter 100 - Industrial Development|Section 100.350 - Commissioner, expenses — certificate of appointment.

Effective - 28 Aug 1967   100.350. Commissioner, expenses — certificate of appointment. — A commissioner of an authority shall receive no compensation for his services, but shall be entitled to the necessary expenses, including traveling expenses, incurred in the discharge of his duties. Each commissioner shall hold office until his successor has been appointed and has qualified. A certificate of the appointment or reappointment of any commissioner shall be filed with the municipal or county clerk, as the case may be, and such certificate shall be conclusive evidence of the due and proper appointment of such commissioner. ­­-------- (L. 1967 p. 172 § 6)
MO Rev Stat § 100.360 (2021)
2021 Missouri Revised Statutes|Title VII - Cities, Towns and Villages|Chapter 100 - Industrial Development|Section 100.360 - Commissioner, removal for cause, hearing.

Effective - 28 Aug 1967   100.360. Commissioner, removal for cause, hearing. — For inefficiency or neglect of duty or misconduct in office, a commissioner of an authority may be removed by the mayor, but a commissioner shall be removed only after a hearing and after he shall have been given a copy of the charges at least ten days prior to such hearing and have had an opportunity to be heard in person or by counsel. In the event of the removal of any commissioner, a record of the proceedings, together with the charges and findings thereon, shall be filed in the office of the city clerk. ­­-------- (L. 1967 p. 172 § 7)
MO Rev Stat § 100.370 (2021)
2021 Missouri Revised Statutes|Title VII - Cities, Towns and Villages|Chapter 100 - Industrial Development|Section 100.370 - Commissioners or employees of authority, voluntary interest in project prohibited — disclosure of involuntary interest required and participation in action of authority forbidden — violation is misconduct, office forfeited.

Effective - 28 Aug 1967   100.370. Commissioners or employees of authority, voluntary interest in project prohibited — disclosure of involuntary interest required and participation in action of authority forbidden — violation is misconduct, office forfeited. — 1. No commissioner or employee of an authority shall voluntarily acquire any interest, direct or indirect, in any project or in any property included or planned by the authority to be included in any such project, or in any contract or proposed contract in connection with any such project.  2. Where the acquisition is not voluntary such commissioner or employee shall immediately disclose such interest in writing to the authority and such disclosure shall be entered upon the minutes of the authority.  3. A commissioner or employee who owns or controls any interest, direct or indirect, in such property shall not participate in any action by the authority affecting the property. If any commissioner or employee of the authority owned or controlled within the preceding two years any interest direct or indirect, in any property included or planned by the authority to be included in any project, he immediately shall disclose such interest in writing to the authority and such disclosure shall be entered upon the minutes of the authority. Upon such disclosure such commissioner or employee shall not participate in any action by the authority affecting such property.  4. Any violation of the provisions of sections of this law shall constitute misconduct in office; and the commissioner shall forfeit forthwith his office. ­­-------- (L. 1967 p. 172 § 8)
MO Rev Stat § 100.380 (2021)
2021 Missouri Revised Statutes|Title VII - Cities, Towns and Villages|Chapter 100 - Industrial Development|Section 100.380 - Adoption of resolution or ordinance, effect of — certified copy admissible as evidence.

Effective - 28 Aug 1967   100.380. Adoption of resolution or ordinance, effect of — certified copy admissible as evidence. — 1. In any suit, action or proceeding involving the validity or enforcement of or relating to any contract of an authority or other public body, such authority or other public body shall be conclusively deemed to have become established and authorized to transact business and exercise its powers hereunder upon proof of the adoption of the appropriate resolution or ordinance prescribed in section 100.320 above. Each such resolution or ordinance shall be deemed sufficient if it authorized the exercise of powers hereunder by the authority or other public body and finds in substantially the terms provided in subdivision (2) of section 100.320, no further detail being necessary, that the conditions therein enumerated exist.  2. A copy of such resolution or ordinance duly certified by the municipal or county clerk, as the case may be, shall be admissible in evidence in any suit, action or proceeding. ­­-------- (L. 1967 p. 172 § 9)
MO Rev Stat § 100.420 (2021)
2021 Missouri Revised Statutes|Title VII - Cities, Towns and Villages|Chapter 100 - Industrial Development|Section 100.420 - Authority may exercise power of eminent domain.

Effective - 28 Aug 2006   100.420. Authority may exercise power of eminent domain. — 1. An authority whose board members are appointed by one or more elected officials shall have the right to acquire by the exercise of the power of eminent domain any real property which it may deem necessary for a project or for its purposes under this law after the adoption by it of a resolution declaring that the acquisition of the real property described therein is necessary for such purposes. Any authority may exercise the power of eminent domain in the manner and under the procedure provided for corporations in chapter 523 and acts amendatory thereof or supplementary thereto.  2. Property already devoted to a public use may be acquired in like manner; provided that no real property belonging to the municipality, the county or the state may be acquired without its consent. ­­-------- (L. 1967 p. 172 § 13, A.L. 2006 H.B. 1944)