[Ord. No. 3744-06 §1, 5-3-2006]
Definitions. When used in this Article, the following words
shall have the meaning indicated herein
ACT
The Real Property Tax Increment Allocation Redevelopment
Act, Sections 99.800 through 99.865, RSMo., as amended.
CITY
The Mayor and City Council of the City of Hazelwood, Missouri,
acting in their official capacity.
REDEVELOPMENT AREA
An area designated by the City in respect to which the City,
upon recommendation of its TIF Commission, has made a finding that
there exist conditions which caused the area to be classified as a
blighted area, a conservation area, an economic development area or
a combination thereof.
REDEVELOPMENT PLAN
The comprehensive plan for redevelopment of an area intended
by the payment of redevelopment costs to reduce or eliminate those
conditions, the existence of which qualified the redevelopment area
as a blighted area, a conservation area, an economic development area
or a combination thereof and thereby enhance the tax base of the taxing
districts which extend into the redevelopment areas. Each redevelopment
plan adopted shall conform to the requirements of Section 99.810 of
the Act.
REDEVELOPMENT PROJECT
Any redevelopment project within a designated redevelopment
area in furtherance of the objectives of the redevelopment plan.
TIF COMMISSION
The Tax Increment Financing Commission of the City of Hazelwood,
Missouri, as authorized pursuant to Section 99.820 of the Act.
[Ord. No. 3744-06 §2, 5-3-2006]
There is hereby established a Commission to be known as the
"Tax Increment Financing Commission of the City of Hazelwood, Missouri"
("TIF Commission"). All members of the Commission shall serve without
compensation.
[Ord. No. 3744-06 §3, 5-3-2006]
The TIF Commission shall serve as an advisory body to the City
as it relates to the consideration of tax increment financing proposals
submitted by interested parties or initiated by any public agency
in accordance with the Act. The TIF Commission shall hold public hearings
and give notice pursuant to Sections 99.825 and 99.830 of the Act
on proposed redevelopment plans, redevelopment projects and designation
of redevelopment areas and amendments thereto. The TIF Commission
shall vote on all proposed redevelopment plans, redevelopment projects
and designations of redevelopment areas and amendments thereto, within
thirty (30) days following completion of a hearing on any such plan,
project, designation or amendment and shall make recommendations to
the City within ninety (90) days of a hearing referred to in Section
99.825 of the Act concerning adoption of or amendment to redevelopment
plans, redevelopment projects and/or designation of redevelopment
areas.
[Ord. No. 3744-06 §4, 5-3-2006]
The TIF Commission shall elect from among its number a Chairman,
Vice Chairman and Secretary. Meetings of the TIF Commission shall
be open to the public to the extent provided by law and a record of
each meeting shall be kept. The TIF Commission shall have the authority
to establish rules and procedures not in conflict with City ordinances
or policies or the Act and shall meet as required to fulfill its obligations
set forth in the Act.
[Ord. No. 3744-06 §5, 5-3-2006]
Membership on the TIF Commission shall consist of two (2) classes
of members: City appointees and other appointees. The TIF Commission
shall be composed of twelve (12) persons of which six (6) shall be
City appointees and six (6) shall be other appointees. Regardless
of class, each member of the TIF Commission shall have one (1) vote
on all matters properly before it and shall participate in all deliberations
of the TIF Commission without differentiation.
[Ord. No. 3744-06 §6, 5-3-2006]
A. The
City appointees shall be appointed by the Mayor with the consent and
approval of the City Council. Any vacancies shall be filled for the
unexpired terms in the same manner as were the original appointments.
B. Terms
of office for City appointees shall be for a term of four (4) years,
except two (2) of the initial appointments shall be for a term of
two (2) years and two (2) of the initial appointments shall be for
a term of three (3) years from the date of initial appointment.
[Ord. No. 3744-06 §7, 5-3-2006]
A. Other
appointees shall be appointed in accordance with the Act when a redevelopment
area, redevelopment plan or redevelopment project is proposed to be
established or amended or at such earlier date as the City shall invite
other affected taxing jurisdictions to do so. Three (3) of the other
appointees shall be appointed in accordance with Section 99.820, as
amended. Two (2) of the other appointees shall be appointed by the
Board of Education of the school district(s) whose district(s) is
(are) affected and one (1) other appointee shall be appointed in any
manner agreed to by the other affected taxing jurisdictions levying
ad valorem taxes within the contemplated redevelopment area included
in a redevelopment plan. The City shall not be considered a taxing
jurisdiction for purposes of appointment of the other appointee.
B. The
term of office of the other appointees shall consist of the period
of time from the time that the affected school district(s) and other
affected taxing jurisdictions are notified in writing of a proposed
redevelopment plan or designation of a redevelopment area until final
approval or disapproval of the redevelopment plan, redevelopment project
or designation of a redevelopment area by the City in response to
an initiating proposal.
C. In
the event the appropriate appointing authority, affected school district(s)
or other affected taxing jurisdictions shall fail to appoint other
appointees within thirty (30) days of receipt of written notices of
a proposed redevelopment plan, redevelopment project, designation
of a redevelopment area or amendment thereto, the remaining City appointees
and other appointees may proceed to exercise the power of the TIF
Commission as it relates to proposals then before it.
[Ord. No. 3744-06 §8, 5-3-2006]
The Commission is requested to faces its considerations on the
potential redevelopment area outlined on Exhibit A which is on file
in the City offices and incorporated herein by reference.