Series 110 2009 ORDINANCES/RESOLUTIONS
Section 110-040; Policy Res. 13-09; Adopting procedures for soliciting bids and proposals for tax increment financing projects under the Real Property Tax Increment Allocation Act
Council Bill No.
A POLICY RESOLUTION
adopting procedures for soliciting bids and proposals for tax increment financing
the Real Property Tax Increment Allocation Act.
WHEREAS, pursuant to Section 99.820.1(3) of the Revised Statutes
of Missouri, the City is
required to establish written procedures relating to bids and proposals for implementation of
redevelopment projects; and
WHEREAS, the City of Columbia has prepared and desires to
adopt Procedures for Soliciting
Bids and Proposals for Tax Increment Financing Projects (the RFP Policy).
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
COLUMBIA, MISSOURI, AS FOLLOWS:
SECTION 1. The RFP Policy attached
as Exhibit A is approved and adopted.
SECTION 2. City staff and the City
s TIF Commission are hereby authorized to take any
and all actions as may be deemed necessary to carry out and comply with the RFP Policy.
SECTION 3. This policy resolution
shall take effect immediately upon passage by the City
ADOPTED this 20th day of January, 2009.