[Ord. No. 15.96 §1, 12-17-2015]
There is created pursuant to Section 99.820.2 of the Act, a
commission to be known as the "Tax Increment Financing Commission
of Osage Beach, Missouri," (the "Commission"). The Commission shall
have continuous existence unless and until terminated by the adoption
of an ordinance of the Board of Aldermen terminating it.
[Ord. No. 15.96 §1, 12-17-2015]
A.
The Commission shall be composed of 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.
For projects within Miller County, two (2) members shall be
appointed by the Presiding Commissioner of the County of Miller, with
the consent of the majority of the County Commission of the County
of Miller. For projects within Camden County, two (2) members shall
be appointed by the Presiding Commissioner of the County of Camden,
with the consent of the majority of the County Commission of the County
of Camden.
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 school board whose district is included within such proposed redevelopment
area. The manner of selection of the members is left to the discretion
of the affected district.
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 of the Act, 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 Board) within the area selected for a redevelopment plan.
[Ord. No. 15.96 §1, 12-17-2015; Ord.
No. 22.68, 10-6-2022]
A.
With regard to the term of the first six (6) members appointed by
the Mayor with the consent of the Board:
1.
Two (2) shall be designated to serve for terms of two (2) years;
2.
Two (2) shall be designated to serve for terms of three (3)
years; and
3.
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 Board of Aldermen 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. Terms will expire June 1
and shall be appointed during the month of May.
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B.
At the option of the members appointed under Section 135.110 of this Article, the members who are appointed by the school board and other taxing districts may serve on the 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 Commission, or for a definite term pursuant to Section 99.820.2 of the Act. If the members representing the school district and other taxing districts are appointed for a term coinciding with the length of time a redevelopment project, plan or area is approved; such term will terminate upon final approval of such redevelopment project, redevelopment plan or designation of the area by the Board.
[Ord. No. 15.96 §1, 12-17-2015]
Those Commission members who are appointed by the school board
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.
[Ord. No. 15.96 §1, 12-17-2015; Ord.
No. 22.68, 10-6-2022]
The Commission shall organize itself and elect from its six
(6) members appointed by the Mayor, a Chairperson, and a Vice Chairperson
to serve for one (1) year terms or until their successors are elected.
[Ord. No. 15.96 §1, 12-17-2015]
The Board of Aldermen hereby authorizes and approves the exercise
by the Tax Increment Financing Commission of all the powers delegable
under the Real Property Tax Increment Allocation Redevelopment Act
and in particular those enumerated in Section 99.820(3) thereof.
[Ord. No. 15.96 §1, 12-17-2015; Ord.
No. 22.68, 10-6-2022]
The Commission will be guided by Robert's Rules of Order and
the Missouri Open Meetings and Records Law, as amended.
[Ord. No. 15.96 §1, 12-17-2015]
The Commission shall keep records and minutes of its meetings
and shall report annually to the Board with regard to its activities.
