File #: 4358    Version: 0 Name: Jackson County Code - Tax Increment Financing
Type: Ordinance Status: Passed
File created: 9/26/2011 In control: Finance and Audit Committee
On agenda: 9/26/2011 Final action: 10/3/2011
Title: AN ORDINANCE repealing sections 7900., 7901., 7902., 7903., Jackson County Code, 1984, relating to Tax Increment Financing and enacting, in lieu thereof, eleven new sections relating to the same subject.
Sponsors: Scott Burnett
Indexes: JACKSON COUNTY CODE, TIF - (TAX INCREMENT FINANCING COMMISSION)
Attachments: 1. 4358adopt.pdf


IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI



Title
AN ORDINANCE repealing sections 7900., 7901., 7902., 7903., Jackson County Code, 1984, relating to Tax Increment Financing and enacting, in lieu thereof, eleven new sections relating to the same subject.



Intro
ORDINANCE #4358, September 26, 2011

INTRODUCED BY Scott Burnett, County Legislator


Body
WHEREAS, due to changes in Missouri law relating to tax increment financing (TIF), certain revisions to the County Code provisions are necessary to ensure that the code is consistent with state law; and,

WHEREAS, these revisions are in the best interests of the health, welfare, and safety of the citizens of Jackson County; now therefore,

BE IT ORDAINED by the County Legislature of Jackson County, Missouri, as follows:

Section A. Enacting Clause. Sections 7900., 7901., 7902., and 7903., Jackson County Code, 1984, are hereby repealed, and eleven new sections enacted in lieu thereof, to be known as sections 7900., 7901., 7902., 7903., 7905., 7906., 7907., 7908., 7909., 7910., and 7911., to read as follows:


7900. Tax Increment Financing Commission, Established.
[That] There [be and] is hereby created a Commission to be known as the "Tax Increment Financing Commission of Jackson County, Missouri" which Commission shall have continuous and perpetual existence unless and until terminated by action of the County Legislature. All references to the "Commission" in this Chapter 79 shall mean the "Tax Increment Financing Commission of Jackson County, Missouri".

7901. Tax Increment Financing Commission, Composition.

[That] The Tax Increment Financing Commission of Jackson County, Missouri shall be composed of [seven] nine members [to be appointed by the County Executive, subject to the disapproval of the Legislature and to serve without compensation]. Two members shall be appointed by the school boards whose districts are included within the redevelopment plan or re...

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