There is hereby established the Tax Increment Financing Commission
of the City of University City, Missouri (the "TIF Commission"). The
members of the TIF Commission shall be appointed and shall serve terms
in the manner described in Section 99.820 of the Revised Statutes
of Missouri, as amended.
[1]
Editor's Note: Ord. No. 7075 also changed the title of this
Section from "Terms of Office" to "Establishment Of TIF Commission;
Terms Of Office."
[R.O. 2011 §2.34.030; Ord. No. 6066 §4, 1996; Ord. No. 6758 §3,
2008]
A.
The
TIF Commission shall have the following duties:
1.
To hold public hearings required by Sections 99.800 to 99.865, RSMo.
(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, RSMo., 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 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. If the TIF 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
TIF Commission.
[R.O. 2011 §2.34.040; Ord. No. 6066 §5, 1996]
The TIF Commission shall elect from its membership a Chairperson
and Vice Chairperson, each for a term of one (1) year. The TIF Commission
may adopt from time to time such rules of procedure as the TIF Commission
may deem necessary to effectuate the duties under this Chapter.
[R.O. 2011 §2.34.050; Ord. No. 6066 §6, 1996; Ord. No. 6758 §4,
2008]
As of the effective date of the ordinance codified in this Chapter,
the TIF Commission established pursuant to this Article 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, RSMo., 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.
[R.O. 2011 §2.34.060; Ord. No. 6758 §5, 2008]
A.
The
City hereby adopts the following procedures for bids and proposals
for the implementation of redevelopment projects:
1.
The City or the TIF 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 TIF 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.
