[Ord. No. 1016 § 1, 10-21-1996]
A. There is hereby established the Tax Increment Financing Commission
of the Town of Carrollton, Missouri (the "TIF Commission"). The TIF
Commission shall consist of nine (9) members as follows:
1.
Six (6) members who shall be appointed by the Mayor with the
consent of a majority of the Town Council;
2.
Two (2) members who shall be appointed by the school boards
whose districts are included within the redevelopment plan or the
redevelopment area. Such members shall be appointed in any manner
agreed upon by the affected districts; and
3.
One (1) member who 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 project
or the redevelopment area, excluding representatives of the Town Council.
B. The Mayor is hereby authorized and directed to provide written notice
to the affected school boards and to other affected taxing districts
of the proposed redevelopment plan, redevelopment project, and redevelopment
area calling for appointments to the TIF Commission, all as provided
in the TIF Act.
[Ord. No. 1016 § 2, 10-21-1996]
The terms of members of the TIF Commission first appointed by
the Town shall be staggered as follows: Two (2) members shall be designated
to serve for a term of two (2) years; two (2) members shall be designated
to serve for a term of three (3) years; and two (2) members shall
be designated to serve for a term of four (4) years. Members subsequently
appointed by the Town shall serve for a term of four (4) years. All
vacancies shall be filled for the unexpired portion of the original
appointment only. The terms of the members of the TIF Commission other
than those appointed by the Town shall terminate upon final approval
of the redevelopment project, redevelopment plan, or designation of
the redevelopment area by the Town Council.
[Ord. No. 1016 § 3, 10-21-1996]
A. The TIF Commission shall have the following duties only:
1.
To hold public hearings required by Section 99.825 of the TIF
Act on any proposed redevelopment plan, redevelopment project, or
designation of redevelopment area, or any amendment thereto and to
provide notice as required by Section 99.830 of the TIF Act;
2.
To vote on any such plan, project, designation or amendment
within thirty (30) days of the completion of any such hearing; and
3.
To make recommendations to the Town Council within ninety (90)
days of the completion of any such hearing.
[Ord. No. 1016 § 4, 10-21-1996]
The Mayor shall designate a Chairperson, and a Vice Chairperson,
each of whom shall serve in that capacity for one (1) year. Thereafter,
the TIF Commission shall elect from its membership a Chairperson and
Vice Chairperson, each for a term of one (1) year. The TIF Commission
may adopt from time to time such rules of procedure as the TIF Commission
may deem necessary to effectuate the duties under this Article. The
TIF Commission shall call upon the Town Counselor for all legal opinions
and legal services which the TIF Commission may require in the performance
of the duties under this Article. The TIF Commission shall call upon
the Town's Economic Development Director for all technical planning
services which the TIF Commission may require in the performance of
duties under this Article.