File #: 16642    Version: 0 Name: expressing the support of the legislature for the TIF policy
Type: Resolution Status: Passed
File created: 6/2/2008 In control: County Legislature
On agenda: 6/2/2008 Final action: 6/2/2008
Title: A RESOLUTION expressing the support of the Legislature for the Tax Increment Financing Policy and Guidelines recently promulgated by the County Executive.
Sponsors: Dennis Waits, Theresa Garza Ruiz, Henry C. Rizzo, Fred Arbanas, Scott Burnett, James D. Tindall, Dan Tarwater III, Greg Grounds, Bob Spence
Indexes: TAX INCREMENT FINANCING POLICY & GUIDELINES

IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI

 

 

Title

A RESOLUTION expressing the support of the Legislature for the Tax Increment Financing Policy and Guidelines recently promulgated by the County Executive.

 

Intro

RESOLUTION  #16642, June 2, 2008

 

INTRODUCED BY  Dennis Waits, Theresa Garza Ruiz, Henry C. Rizzo, Fred Arbanas, Scott Burnett, James D. Tindall, Dan                               Tarwater, Greg Grounds and Bob Spence, County Legislators

 

 

Body

WHEREAS, on May 19, 2008, County Executive Michael D. Sanders presented to the Legislature the County's new Tax Increment Financing (TIF) Policy and Guidelines; and,

 

WHEREAS, this Policy will apply to members appointed by the County Executive to serve on the TIF Commissions of cities located within the County; and,

 

WHEREAS, the Legislature believes that this policy represents a fair balance among the cities' interest in economic development, the development community's profit motive, and the County's legitimate interest in preserving its essential revenue streams; now therefore,

 

BE IT RESOLVED by the County Legislature of Jackson County, Missouri, that the Legislature hereby expresses its support for the County Executive's Tax Increment Financing Policy and Guidelines.

 

 

Enacted and Approved

Effective Date:  This Resolution shall be effective immediately upon its passage by a majority of the Legislature.

 

APPROVED AS TO FORM:

 

 

____________________________                                              ______________________________

Chief Deputy County Counselor                                                               County Counselor

 

Certificate of Passage

 

                     I hereby certify that the attached resolution, Resolution #16642 of June 2, 2008, was duly passed on June 2, 2008 by the Jackson County Legislature.  The votes thereon were as follows:

 

 

                     Yeas _______9________                                                               Nays ______0________

 

                     Abstaining ____0_____                                                               Absent ______0______

 

 

________________________                                                               ____________________________

Date                                                                                                                                                   Mary Jo Spino, Clerk of Legislature