[R.O. 2011 §140.040; Ord. No. 95-64 §1, 9-12-1995]
There is created pursuant to Section 99.820.2, RSMo., a commission
to be known as the "Tax Increment Financing Commission of Riverside,
Missouri", (the "Commission"). The Commission shall have continuous
existence unless and until terminated by the adoption of an ordinance
of the Board terminating it.
[R.O. 2011 §140.050; Ord. No. 95-64 §2, 9-12-1995; Ord. No. 1142 §1, 8-6-2012]
A. The
Commission shall be composed of eleven (11) members to be appointed
as follows:
1. Six (6) members shall be appointed by the Mayor of the City, with
the consent of the Board of Aldermen.
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, RSMo., 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.
3. Within thirty (30) days after receipt of the mailed notice required
by Section 99.830 of the Act, notice of a proposed redevelopment area,
redevelopment plan or redevelopment project, one (1) member shall
be appointed, in any manner agreed upon by the affected districts,
to represent all other districts levying ad valorem taxes within the
area selected for a redevelopment plan or redevelopment area, excluding
the representatives of the Board of Aldermen.
4. Within thirty (30) days after the receipt of notice of a proposed
redevelopment area, redevelopment plan or redevelopment project required
by Section 99.830, RSMo., two (2) members shall be appointed by the
Presiding Commissioner of Platte County, with the consent of members
of the County Commission.
[R.O. 2011 §140.060; Ord. No. 95-64 §3, 9-12-1995; Ord. No. 1142 §2, 8-6-2012]
A. The
terms of the members shall be as follows:
1. With regard to the term of the first six (6) members appointed by
the Mayor with the consent of the Board:
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 terms of four (4) years.
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Thereafter, members appointed by the Mayor with the consent
of the Board 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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2. The members who are appointed by the school board, County and other
taxing districts shall serve on the Commission for a term which coincides
with the length of time such redevelopment project, redevelopment
plan or the designation of the redevelopment area for which they were
appointed is being considered for approval by the Commission. Such
term will terminate upon final approval of such redevelopment project,
redevelopment plan or designation of the redevelopment area by the
Board.
[R.O. 2011 §140.070; Ord. No. 95-64 §4, 9-12-1995; Ord. No. 1142 §3, 8-6-2012]
Those Commission members who are appointed by the school boards,
County 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.
[R.O. 2011 §140.080; Ord. No. 95-64 §5, 9-12-1995]
The Commission, upon the effective date of this Article (September
12, 1995), 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 §140.090; Ord. No. 95-64 §6, 9-12-1995]
The 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 Board.
[R.O. 2011 §140.100; Ord. No. 95-64 §7, 9-12-1995]
The Commission shall keep records and minutes of its meetings
and shall report annually to the Board with regard to its activities.