Editor's Note: As to Procedures for Soliciting Bids and Proposals
for Tax Increment Financing Projects, §155.100.
[R.O. 2011 §150.010; Ord. No. 95-24 §1, 6-28-1995]
There is created pursuant to Section 99.820.2, RSMo., of the
Act a Commission to be known as the "Tax Increment Financing Commission
of Trenton, Missouri" (the "Commission"). The Commission shall have
continuous existence unless and until terminated by the adoption of
an ordinance of the City Council of the City terminating it.
[R.O. 2011 §150.020; Ord. No. 95-24 §2, 6-28-1995; Ord. No. 98-47 §2, 8-26-1998]
A.
The
Commission shall be composed of eleven (11) members to be appointed
as follows:
1.
Within thirty (30) days after the receipt of notice of a proposed
redevelopment area, redevelopment plan or redevelopment project required
by Section 99.820 of the Act, two (2) members shall be appointed by
the school boards, whose districts are included within such redevelopment
plan or redevelopment area. The manner of selection of the members
is left to the discretion of the affected districts.
2.
Within thirty (30) days after the receipt of notice of a proposed
redevelopment area, redevelopment plan or redevelopment project required
by Section 99.830 of the Act, one (1) member shall be appointed in
any manner agreed upon by the affected districts, to represent all
other districts levying ad valorem taxes (excluding the representatives
of the City Council of the City) within the area selected for a redevelopment
plan or redevelopment area.
3.
Within thirty (30) days after the receipt of the notice of a proposed
redevelopment area, redevelopment plan or redevelopment project required
by Section 99.830 of the Act, two (2) members shall be appointed by
the County in which such redevelopment area, redevelopment plan, or
redevelopment project is located to be appointed by the chief elected
officer of the County with the consent of the majority of the Governing
Body of the County.
4.
If any school district, County, or other taxing jurisdiction fails
to appoint members of the Commission within thirty (30) days of receipt
of written notice of a proposed redevelopment plan, redevelopment
project or designation of a redevelopment area, the remaining members
may proceed to exercise the power of the Commission.
5.
Six (6) members shall be appointed by the Mayor of the City, with
the consent of the City Council.
[R.O. 2011 §150.030; Ord. No. 95-24 §3, 6-28-1995; Ord. No. 98-47 §3, 8-26-1998]
A.
The
terms of the members shall be as follows:
1.
The terms of the members shall be as set forth in Section 99.820.2,
RSMo., of the Act and at the option of the members appointed by the
Mayor with the consent of the City Council, the members who are appointed
by the school board and other taxing districts may serve on the Commission
for a term which coincides with the length of time such redevelopment
area for which they were appointed is to be considered for approval
by the Commission or for a definite term. If the members representing
school districts and other taxing districts are appointed for a term
coinciding with the length of time a redevelopment project, plan or
area is considered for approval, such term will terminate upon final
approval of such redevelopment project, redevelopment plan or designation
of the redevelopment area by the City Council.
2.
Those Commission members who are appointed by the school boards or
other taxing districts shall only be authorized to vote on matters
specifically and directly relating to the redevelopment plan, redevelopment
project or redevelopment area upon which their affected taxing districts
levy ad valorem taxes unless said Commission members are authorized
by the Commission members appointed by the Mayor with the consent
of the City Council to vote on additional matters.
3.
With regard to the terms of the first six (6) members appointed by
the Mayor with the consent of the City:
a.
Two (2) shall be designated to serve for terms of two (2) years;
b.
Two (2) shall be designated to serve for terms of three (3) years;
and
c.
Two (2) shall be designated to serve for terms of four (4) years.
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Thereafter, members appointed by the Mayor with the consent
of the City Council shall serve for a term of four (4) years. (All
vacancies shall be filled for the unexpired terms in the same manner
as were the original appointments.)
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[R.O. 2011 §150.040; Ord. No. 95-24 §4, 6-28-1995]
Those Commission members who are appointed by the school boards
or other taxing districts shall only be authorized to vote on matters
specifically and directly relating to the development plan, redevelopment
project or redevelopment area upon which their affected taxing districts
levy ad valorem taxes.
[R.O. 2011 §150.050; Ord. No. 95-24 §5, 6-28-1995]
The City authorizes the Commission to exercise all the powers
enumerated under the Act, except the final approval of plans, projects
and the designation of redevelopment areas.
[R.O. 2011 §150.060; Ord. No. 95-24 §6, 6-28-1995]
The Commission shall organize itself and elect from its number
a Chairman, Vice Chairman, Treasurer and Secretary, each to serve
for one (1) year terms or until their successors are elected.
[R.O. 2011 §150.070; Ord. No. 95-24 §8, 6-28-1995]
The Tax Increment Financing Commission shall meet regularly
and shall adopt such rules and regulations for operation as shall
enable it to maintain an orderly procedure for its business and to
effectively and efficiently exercise the powers authorized by the
Statute and delegated to it by the City Council.
[R.O. 2011 §150.080; Ord. No. 95-24 §9, 6-28-1995]
The Commission shall keep records and minutes of its meetings
and shall report annually to the City Council with regard to its activities.
