[R.O. 2008 §110.340; Ord. No. 6557 §1, 6-23-2003]
There is created pursuant to Section 99.820.2 of the Act a commission to be known as the "Tax Increment Financing Commission of Maryville, Missouri" (the "TIF Commission"). The TIF Commission shall have continuous existence unless and until terminated by the adoption of an ordinance of the City Council (the "Council") terminating it.
[R.O. 2008 §110.350; Ord. No. 6557 §2, 6-23-2003]
A. 
The TIF Commission shall be composed of eleven (11) members to be initially appointed as follows:
1. 
Six (6) members shall be appointed by the Mayor of the City with the consent of the Council.
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, two (2) members shall be appointed by Presiding Commissioner of Nodaway County (the "County") with the consent of the majority of the County Commission.
3. 
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 Board of Education of the Maryville R-II School District (the "school district").
4. 
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 taxing districts, to represent all taxing districts, other than the City, the County and the school district, levying ad valorem taxes within the area selected for a redevelopment plan.
[R.O. 2008 §110.360; Ord. No. 6557 §3, 6-23-2003]
A. 
The terms of the members shall be as follows:
1. 
With regard to the term of the first (1st) six (6) members appointed by the Mayor with the consent of the 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.
Thereafter, members appointed by the Mayor with the consent of the 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.
2. 
The members who are appointed by the County, the school district and other taxing districts shall serve on the TIF Commission for a term which coincides with the length of time such redevelopment project, redevelopment plan or the designation of the area for which they were appointed is being considered for approval by the TIF Commission. Such term will terminate upon final approval of such redevelopment project, redevelopment plan or designation of the area by the Council.
[R.O. 2008 §110.370; Ord. No. 6557 §4, 6-23-2003]
Those TIF Commission members who are appointed by the school district, the County and 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. 2008 §110.380; Ord. No. 6557 §5, 6-23-2003]
The TIF Commission, upon the effective date of this Article, shall organize itself and elect from its six (6) members appointed by the Mayor, a Chairman, Vice Chairman, Treasurer and Secretary, each to serve for one (1) year terms or until their successors are elected.
[R.O. 2008 §110.390; Ord. No. 6557 §6, 6-23-2003]
The TIF 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 pointers authorized by the Statute and delegated to it by the Council.
[R.O. 2008 §110.400; Ord. No. 6557 §7, 6-23-2003]
The TIF Commission shall keep records and minutes of its meetings and shall report annually to the Council with regard to its activities.