City of Brentwood, MO Article IV Tax Increment Financing Commission [1]

[1] Editor's Note — Ord. no. 4302, adopted September 19, 2011, sets out the procedure concerning blighted property and redevelopment, these provisions, and all amendments thereto including Ord. No. 5096, are on file in the city offices.

Section 120.200 Tax Increment Financing Commission — Establishment — Duties.

[Ord. No. 3375 §§1 — 5, 1-24-1995; Ord. No. 3586 §§1 — 5, 2-17-1998; Ord. No. 4177 §§1 — 4, 4-20-2009]

A. There is hereby established the Tax Increment Financing Commission of the City of Brentwood, Missouri (the "TIF Commission"). The TIF Commission shall consist of twelve (12) members to be appointed 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.

C. The TIF Commission shall have the following duties:

1. To hold public hearings required by 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.

D. As of the effective date of this Section, the TIF Commission, established pursuant to this Section 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.