[Ord. No. 2125 §1, 7-22-2008]
A. 
Members. The Tax Increment Financing Commission of the City of Eldon, Missouri (the TIF Commission) shall be comprised of eleven (11) members and the composition and organization of the TIF Commission shall be in accordance with Section 99.820 of the Act.
B. 
Election Of Chairperson. A Chairperson shall be elected by a majority vote of the TIF Commission and shall serve for a twelve (12) month period.
C. 
Bylaws. The TIF Commission is authorized to adopt such bylaws as are deemed reasonably necessary for its efficient organization, operation and responsibilities.
D. 
Voting. The TIF Commission member who is appointed by other taxing districts in accordance with the Act shall only be authorized to vote on matters specifically and directly relating to the redevelopment plan, redevelopment project or redevelopment area upon which their taxing districts levy ad valorem taxes.
[Ord. No. 2125 §1, 7-22-2008]
A. 
Purpose. The TIF Commission is to assist in evaluation and promotion of economic development projects and plans submitted by interested parties or initiated by any public agency and to make recommendations to the Board of Aldermen.
B. 
Duties. 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 the public hearing required by Statute. The TIF Commission shall make its recommendations regarding the project to the Board of Aldermen within ninety (90) days following completion of said hearing. All public hearings and public notices shall be provided for in accordance with the Act.