[R.O. 2011 § 125.650; R.O. 2009 § 33.180; CC 1981 § 2-260; Ord. No. 93-90, 5-5-1993; Ord. No. 08-16, 1-23-2008; Ord. No. 11-157 § 1, 8-10-2011; Ord. No. 24-001, 1-2-2024]
There is established a Committee which shall be known as the Tax Increment Financing Commission as set forth in Section 99.820.2, RSMo., and that shall have the composition, powers and duties as prescribed in Chapter 125, Article I of this Code of Ordinances. Notwithstanding Section 125.100, the Mayor does not serve as an additional member of and there shall be no Council liaison on the Tax Increment Financing Commission.
[R.O. 2011 § 125.660; R.O. 2009 § 33.181; CC 1981 § 2-261; Ord. No. 93-90, 5-5-1993; Ord. No. 00-98, 4-19-2000; Ord. No. 08-16, 1-23-2008; Ord. No. 11-157 § 2, 8-10-2011; Ord. No. 24-001, 1-2-2024]
The Commission shall consist of members appointed pursuant to Section 99.820, RSMo.
[R.O. 2011 § 125.670; R.O. 2009 § 33.182; CC 1981 § 2-262; Ord. No. 93-90, 5-5-1993; Ord. No. 08-16, 1-23-2008; Ord. No. 11-157 § 3, 8-10-2011]
A. 
The Commission shall have the following duties:
1. 
To hold public hearings required by Sections 99.800 to 99.865, RSMo. (the "TlF Act") on any proposed redevelopment plan, redevelopment project, designation of a redevelopment area or any amendments thereto. The 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 TlF 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. 
To provide all notices as required by the TIF Act.
3. 
To vote and make recommendations to the City Council 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. A recommendation of approval shall only be deemed to occur if a majority of the commissioners voting on such plan, project, designation, or amendment thereto vote for approval. A tied vote shall be considered a recommendation in opposition. If the Commission fails to vote within thirty (30) days following the completion of the public hearing referred to in Section 99.825, RSMo., 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 Commission.
The records of the Tax Increment Financing Commission, including, but not limited to, Commission votes and actions, meeting minutes, summaries of witness testimony, data, and reports submitted to the Commission shall be retained by the governing body of the municipality that created the Commission and shall be made available to the public in accordance with Chapter 610, RSMo.
[1]
Editor's Note: Ord. No. 11-157 §§ 4 – 5, adopted 8-10-2011, repealed former Section 125.680, Prepare Annual Report, which derived from R.O. 2009 § 33.183; CC 1981 § 2-263; Ord. No. 93-90, 5-5-93; Ord. No. 08-16, 1-23-08. Current Section 125.680 was added during the 2022 codification to reflect updated statutory language.
[R.O. 2011 § 125.685; Ord. No. 11-157 §§ 4 — 5, 8-10-2011]
A. 
The City hereby adopts the following procedures for bids and proposals for the implementation of redevelopment projects:
1. 
The City or the Commission shall solicit proposals with respect to the implementation of each proposed redevelopment project.
2. 
Each request for proposals shall state the primary objectives of the proposed redevelopment area or redevelopment project.
3. 
Each request for proposals (or notice thereof) shall be mailed to those persons or firms that the City's Director of Community Development or the City's Planning Consultant determines might be interested in submitting a bid, and shall be published in a newspaper of general circulation in the City. Each request for proposals shall provide at least thirty (30) days for the submission of a proposal.
4. 
Each proposal must demonstrate that "but for" the use of tax increment financing, the project is not feasible and would not be completed.
5. 
Criteria for the selection of proposals will include the impact of the proposed project on the City and other taxing jurisdictions, including the projected term for which tax increment financing will be utilized. The City or the Commission may establish such additional criteria as it deems appropriate for the selection of bids and proposals. Each request for proposals shall provide reasonable opportunity for any person to submit alternative proposals or bids.