[R.O. 2008 §20.550; Ord. No. 2271, 2-8-2005; Ord. No. 2487 §1, 12-11-2012]
There is hereby established the Economic Development Commission
of the City of Olivette, which shall possess all of the powers and
be subject to all of the responsibilities imposed upon it by law,
the ordinances of the City and the directions of Council.
[R.O. 2008 §20.551; Ord. No. 2271, 2-8-2005; Ord. No. 2285, 7-12-2005; Ord. No. 2487 §1, 12-11-2012; Ord. No. 2497 §1, 8-13-2013]
A.
The
Commission shall be composed of five (5) voting members.
B.
The
City Council shall appoint three (3) voting members who shall be residents
of the City and two (2) voting members who shall be representatives
of businesses located in the City. Expertise relevant to the performance
of the Commission's responsibilities, which may include, but not be
limited to, knowledge or experience in commercial real estate, economic
development, marketing or investment banking shall be a factor considered
in making such appointments. If the Council is unable to appoint at
least two (2) qualified local business representatives who are able
and willing to serve, the Council may appoint one (1) or more residents
in lieu thereof. Voting members shall serve for a term of three (3)
years, but initial voting members shall be appointed to staggered
terms.
C.
Each
member of the Commission shall serve until a successor is appointed
and qualified.
[R.O. 2008 §20.552; Ord. No. 2271, 2-8-2005; Ord. No. 2285, 7-12-2005; Ord. No. 2487 §1, 12-11-2012]
A.
The
Commission shall elect from among its membership a Chair, a Vice Chair
and a Secretary, each of whom shall serve for a one (1) year term
and may be re-elected.
B.
The
Commission shall abide by Missouri's Open Meetings and Records Act,
Sections 610.010, RSMo., et seq., as may be amended from time to time.
No action shall be taken or recommendation made by the Commission
to the Council except by a vote of at least four (4) of its members.
The Commission shall otherwise abide by the procedures established
in Scott Foresman newly revised Robert's Rules of Order, except as
otherwise may be provided by law.
[R.O. 2008 §20.553; Ord. No. 2271, 2-8-2005; Ord. No. 2487 §1, 12-11-2012]
A.
The
Commission shall make recommendations to the City Council and staff
regarding policies, regulations, marketing, development strategies
and activities to retain and enhance the economic base of the City
and articulate a vision of economic development with clearly defined
goals and objectives for the City during a rolling five (5) year horizon.
B.
The
Commission shall make recommendations for the economic development
of the City pursuant to the City's strategic plan, the progressive
pursuit of establishing new business in the City with the intent of
creating jobs and employment opportunities and the recommendation
of appropriate development incentives to insure projects that come
to the City are economically viable.
C.
The
Commission shall also:
1.
Conduct such studies as are necessary to gather information within
the area of economic development in accordance with the adopted strategic
plan of the City;
2.
Review and recommend areas for economic development within the City
and the types of development proposed for these areas in accordance
with the strategic plan of the City;
3.
Conduct a comprehensive review of the financial alternatives which
are available and feasible for the City to use to encourage economic
growth including, but not limited to, industrial revenue bonds, community
development block grant funds, Federal economic development programs,
tax incremental financing, commercial development bonds and other
economic development tools authorized under State law;
4.
Study both long-term and short-term activities to be recommended
to the City Council;
5.
Review and make recommendations to the appropriate Governing Body
of the City regarding the use and administration of any and all economic
development incentives available to, or utilized by, the City for
its economic needs and development;
6.
Prepare an annual Commission budget of projected revenues and expenditures
for approval by the City Council;
7.
Market the City of Olivette to regional and national investors and
cooperate with the Creve Coeur-Olivette Chamber of Commerce for such
marketing efforts; and
8.
Review the Olivette strategic plan as may be necessary or desirable
and recommend to the City Council and the Planning and Community Design
Commission such plan amendments deemed by the Commission to be reasonable
and necessary for the City's ongoing economic development.
9.
If allowed by law and elected or appointed by the relevant governing
authority in accord with applicable law, the Commission or its members
may serve as the board of directors, board of commissioners or development
authority or as members thereof for the City of Olivette under Missouri's
economic development Statutes and exercise such authority granted
under said Statutes, which shall include, but not limited to:
a.
Chapter 349, RSMo., Industrial Development Corporation Act;
b.
Chapter 353, RSMo., Urban Redevelopment Corporation Act;
c.
Section 99.800, RSMo., Real Property Tax Increment Allocation Redevelopment
Act;
d.
Section 67.1401, RSMo., Community Improvement District Act;
e.
Section 238.200, RSMo., Missouri Transportation Development District
Act;
f.
Section 99.300, RSMo., Land Clearance for Redevelopment Authority
Act; and
g.
Section 100.010, RSMo., Industrial Development Project Act.
