Chapter 2 ADMINISTRATION*
Section 2-375.07 TIF Commission established.
(a) The Tax Increment Financing Commission
of the City of Columbia, Missouri is hereby
(b) The TIF Commission shall consist
of eleven (11) members. Six (6) members shall be
appointed by the Mayor with the consent of the City Council. Two (2) members shall be
appointed by the Board of Education of the Columbia School District. Two (2) members shall be
appointed by the Presiding Commissioner of Boone County, Missouri with the consent of the
Boone County Commission. One (1) member 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
(c) Of the members first appointed by
the Mayor, two shall serve terms of two (2) years, two
shall serve terms of three (3) years and two shall serve terms of four (4) years. Thereafter,
members appointed by the Mayor shall serve terms of four (4) years. Vacancies shall be filled
for unexpired terms in the same manner as the original appointments.
(d) Members who are appointed by taxing
districts other than the City shall serve on the TIF
Commission for a term to coincide with the length of time a redevelopment project,
redevelopment plan or designation of a redevelopment area is considered for approval by the TIF
Commission. Such terms shall terminate upon final approval of the project, plan or designation
of the area by the City Council. If any taxing jurisdiction fails to appoint members of the TIF
Commission within thirty (30) days of receipt of written notice of a proposed redevelopment
plan, redevelopment project or designation or redevelopment area, the remaining members shall
proceed to exercise the power of the TIF Commission.
(e) All members shall serve without compensation.
(f) The TIF Commission shall elect from
among its members a chair, vice-chair and
secretary. Meetings of the TIF Commission shall be open to the public to the extent provided by
law and a record of each meeting shall be kept. The TIF Commission shall have the authority to
establish rules and procedures not in conflict with City ordinances or policies or the Act and
shall meet as required to fulfill its obligations set forth in the Act.
(g) The TIF Commission shall serve as
an advisory body to the City Council as it relates to
the consideration of tax increment financing proposals submitted by interested parties or initiated
by any public agency in accordance with the Act. The TIF Commission shall hold public
hearings and give notice pursuant to Sections 99.825 and 99.830 of the Act on proposed
redevelopment plans, redevelopment projects and designation of redevelopment areas and
amendments thereto. The TIF Commission shall vote on all proposed redevelopment plans,
redevelopment projects and designations of redevelopment areas and 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 Council within ninety (90) days of a
hearing referred to in Section 99.825 of the Act concerning adoption of or amendment to
redevelopment plans, redevelopment projects or designation of redevelopment areas.
(Ord. No. 19851, § 1, 3-17-08)
(Ord. 19851, Added, 03/17/2008)