[Ord. No. 5829 § 1, 11-15-2012]
The following terms, whenever used or referred to in this Article, shall, unless a different intent clearly appears from the context, be construed to have the following meanings:
APPLICANT
Any person who requests from the City tax abatement or exemption under Chapter 353, RSMo.
AREA
That portion of the City which the Board of Aldermen has found or shall find to be blighted so that the clearance, replanning, rehabilitation, or reconstruction thereof is necessary to effectuate the purposes of Chapter 353, RSMo. Any such area may include buildings or improvements not in themselves blighted, and any real property, whether improved or unimproved, the inclusion of which is deemed necessary for the effective clearance, replanning, reconstruction or rehabilitation of the area of which such buildings, improvements or real property form a part.
BOARD OF ALDERMEN
The Board of Aldermen of the City of St. Peters, Missouri.
CITY
The City of St. Peters, Missouri.
CITY ADMINISTRATOR
The City Administrator of the City of St. Peters, Missouri, or his/her designee.
DEVELOPMENT PLAN
A plan, together with any amendments thereto, for the development of all or any part of a blighted area, which is authorized by the Board of Aldermen of the City.
REDEVELOPMENT
The clearance, replanning, reconstruction or rehabilitation of any blighted area, and the provision for such industrial, commercial, residential or public structures and spaces as may be appropriate, including recreational and other facilities incidental or appurtenant thereto.
[Ord. No. 5829 § 1, 11-15-2012]
A. 
Not less than ten (10) days before a public hearing to consider a development plan that provides for tax abatement or tax exemption pursuant to Chapter 353, RSMo., the City shall furnish to the political subdivisions whose boundaries for ad valorem taxation purposes include any portion of the property to be affected by tax abatement:
1. 
Notice of the scheduled public hearing, which shall include:
a. 
The time, date and place of the public hearing,
b. 
A general description of the boundaries of the proposed redevelopment area,
c. 
A general description of the proposed development plan,
d. 
An invitation to submit comments to the Board of Aldermen prior to the date of the public hearing concerning matters that will be discussed at the public hearing, and to appear at the public hearing and provide comments, and
e. 
A statement that all interested persons and all political subdivisions will have the opportunity to be heard on such grant of tax abatement or exemption; and
2. 
A written statement of the impact on ad valorem taxes such tax abatement or exemption will have on the political subdivisions, which shall be prepared by or at the direction of the applicant and shall include an estimate of the amount of ad valorem tax revenues of each political subdivision which will be affected by the proposed tax abatement or exemption, based on the estimated assessed valuation of the real property involved as such property would exist before and after it is redeveloped.
3. 
The applicant for tax abatement or exemption under Chapter 353, RSMo., shall provide or cause to be provided to the City: a complete list of all political subdivisions whose boundaries for ad valorem taxation purposes include any portion of the property to be affected by tax abatement or exemption; the written statement specified in Subsection (2) of this Section in a form approved by the City Administrator; and any other information deemed necessary by the City Administrator to evaluate the proposed development plan and comply with the requirements of this Section.