[Ord. No. 2010-3 §§1 — 2, 4-1-2010]
A. 
There is hereby established the Eastern Clay County Enhanced Enterprise Zone Abatement Policy which provides for the granting of an abatement of ad valorem taxes otherwise imposed by any political subdivision of this State or municipality thereof, including, but not limited to, Clay County, any special or other school district, any sewer district, fire district, zoo-museum district or cultural district, or any other special district or public entity whatsoever that levies or collects ad valorem taxes on real property, on subsequent improvements to real property located in the City and within the Zone, subject to the terms and conditions set forth in this Section. The members of the Eastern Clay County Enhanced Enterprise Zone have determined that the percentage of abatement of ad valorem taxes shall be the responsibility of each governing authority having jurisdictions within the Eastern Clay County Enhanced Enterprise Zone. The members including the Cities of Excelsior Springs, Kearney, Mosby and Prathersville and a portion of unincorporated Clay County have initially established an abatement level of fifty percent (50%) of the ad valorem taxes otherwise imposed by any political subdivision of this State on subsequent improvements to real property. Qualifying improvements must be used for industries or clusters of industries eligible under Section 135.950(9)(b), RSMo., and identified at the discretion of each governing authority having jurisdiction within the Eastern Clay County Enhanced Enterprise Zone as an Enhanced Business Enterprise. The City of Excelsior Springs has designated that industries with NAICS Codes 311 (Food Manufacturing), 312 (Bottled Water Manufacturing/Winery), 326 (Plastics and Rubber Products Manufacturing), 332 (Fabricated Metal Product Manufacturing), 334 (Computer & Electronic Product Manufacturing), 336 (Transportation Equipment Manufacturing), 337 (Furniture and Related Product Manufacturing), 423 (Merchant Wholesaler, Durable Goods), 493 (Warehouse & Storage), 541 (Professional, Scientific & Technical Services), or 721 (Accommodation) as Enhanced Business Enterprises within the City limits of Excelsior Springs; The City of Kearney has designated that industries with NAICS Codes 311 (Food Manufacturing), 326 (Plastics and Rubber Products Manufacturing), 332 (Fabricated Metal Product Manufacturing), 334 (Computer & Electronic Product Manufacturing), 424 (Merchant Wholesaler Non-durable goods), or 541 (Professional, Scientific & Technical Services) as Enhanced Business Enterprises within the City limits of Kearney; and the City of Mosby has designated that industries that employ residents of the Eastern Clay County Enhanced Enterprise Zone and have NAICS Codes 324121 (Asphalt Paving Materials and Block Manufacturing) or 423 (Merchant Wholesalers, Durable Goods) as Enhanced Business Enterprises within the City limits of Mosby. The following NAICS sectors are specifically excluded: retail trade (NAICS sectors 44 and 45); Educational Services — 61; Gaming (NAICS 7132); food and drinking places (NAICS subsector 722); Religious organizations (NACIS industry group 8131); and Public administration (NAICS sector 92); and provided further that service industries may be eligible only if a majority of the annual revenues will be derived from services provided out of the State. Qualifying improvements shall remain fifty percent (50%) exempt from ad valorem taxes for a period of not less than ten (10) years following the date such improvements are first assessed, but in any event no later than twenty-five (25) years following the date of the original designation of the Eastern Clay County Enhanced Enterprise Zone.
B. 
In accord with Section 135.963.7, RSMo., the abatement granted in this Article shall not relieve the Clay County Assessor from ascertaining the amount of the equalized assessed value of all taxable property annually as required by Sections 99.855, 99.957 or 99.1042, RSMo., and shall not have the effect of reducing the payments in lieu of taxes referred to in subdivision (2) of Subsection 1 of Section 99.845, RSMo., subdivision (2) of Subsection 3 of Section 99.957, RSMo., or subdivision (2) of Subsection 3 of Section 99.1042, RSMo., unless such reduction is set forth in the plan approved by the appropriate legislative authority pursuant to subdivision (1) of Section 99.820, RSMo., Section 99.942, RSMo., or Section 99.1027, RSMo.