[R.O. 2012 §160.010; Ord. No. 93-12-9 §1, 12-22-1993]
There is created pursuant to Section 99.820.2 of the Act a Commission
to be known as the "Tax Increment Financing Commission of Excelsior
Springs, 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. 2012 §160.020; Ord. No. 93-12-9 §2, 12-22-1993]
A. The
Commission shall be composed of nine (9) 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 99.830 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 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 (excluding
the representatives of the City Council of the City) within the area
selected for a redevelopment plan or redevelopment area.
3. Six (6) members shall be appointed by the Mayor of the City, with
the consent of the City Council.
[R.O. 2012 §160.030; Ord. No. 93-12-9 §3, 12-22-1993]
A. The
terms of the members shall be as follows:
1. The members who are appointed by the school board and other taxing
district 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
City Council.
2. With regard to the term of the first six (6) members appointed by
the Mayor with the consent of the City Council;
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 years. (All vacancies
shall be filled for the unexpired terms in the same manner as were
the original appointment).
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[R.O. 2012 §160.040; Ord. No. 93-12-9 §4, 12-22-1993]
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.
[R.O. 2012 §160.050; Ord. No. 93-12-9 §5, 12-22-1993]
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. 2012 §160.060; Ord. No. 93-12-9 §6, 12-22-1993]
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. 2012 §160.070; Ord. No. 93-12-9 §7, 12-22-1993]
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.