[Ord. No. 2295, 10-4-2016]
A. There
is hereby created an economic development tax board to be known as
the "Economic Development Tax Board of the City of Warrenton, Missouri"
(the Tax Board"). The Tax Board shall serve as an advisory board to
the City as it relates to the consideration of an economic development
tax plan in connection with the imposition of the Economic Development
Sales Tax in accordance with Section 67.1305, RSMo., (the "Economic
Development Sales Tax Act"). The Board of Aldermen hereby authorizes
and approves the exercise by the Tax Board of only those powers that
are required by the Economic Development Sales Tax Act to be exercised
by the Tax Board, as follows:
1. The Tax Board shall hold public hearings and give notices pursuant
to Section 67.1305.13 of the Economic Development Sales Tax Act on
proposed economic development tax plans, economic development projects
or designations of economic development areas and any amendments thereto.
2. The Tax Board shall vote on all proposed economic development tax
plans, economic development projects or designations of economic development
areas and any amendments thereto, within thirty (30) days following
completion of a hearing on any such plan, project, designation or
amendment and shall make recommendations to the City within ninety
(90) days of a hearing referred to in Section 67.1305.13 of the Economic
Development Sales Tax Act concerning adoption of or amendment to economic
development tax plans, economic development projects or designations
of economic development areas.
B. The
Tax Board shall consist of five (5) members, three (3) of whom shall
be appointed by the Mayor with the consent of a majority of the Board
of Aldermen, and two (2) of whom shall be appointed as provided in
the Economic Development Sales Tax Act. The members appointed by the
Mayor shall serve initial terms of two (2) years, and the remaining
members shall be designated to serve for a term of four (4) years
from the date of such initial appointments. Thereafter, the members
appointed shall serve for a term of four (4) years, except that all
vacancies shall be filled for unexpired terms in the same manner as
were the original appointments. The appropriate officials of the City
are hereby directed to provide notice to Warren County and the Warren
County R-III School District of the establishment of the Tax Board
in the manner required by the Economic Development Sales Tax Act.
C. The
Tax Board shall elect from among its members a Chairman, Vice-Chairman
and Secretary. Meetings of the Tax Board shall be open to the public
to the extent provided by law and a record shall be kept of each meeting.
The City Clerk shall serve as the custodian of records of the Tax
Board. The Tax Board may establish rules and procedures not in conflict
with City ordinances or policies or the Economic Development Sales
Tax Act and shall meet as required to fulfill its obligations set
forth in the Economic Development Sales Tax Act.
D. The
appropriate officials of the City are hereby directed to assist the
Tax Board in a manner necessary to insure that the Tax Board fulfills
its reporting obligations as set forth in the Economic Development
Sales Tax Act.