Series 110 2009 ORDINANCES/RESOLUTIONS
Section 110-666; Ord. 20518; Providing for the recovery of costs associated with the formation of community improvement districts
Bill No. B 372-09
providing for the recovery of costs associated with the formation of community improvement
districts; and fixing the time when this ordinance shall become effective.
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBIA, MISSOURI, AS
SECTION 1. It is a policy of the City
of Columbia to recover costs to the City associated
with the processing of petitions to establish community improvement districts.
SECTION 2. Petitions for the establishment
of community improvement districts must be
accompanied by deposits sufficient to pay the cost of all required advertising and mailings. If
amount of the deposit is less than the actual costs, the petitioner shall pay the difference to the
City. If the amount of the deposit exceeds the actual costs, the City shall pay the difference
SECTION 3. Unless the City Council
waives this requirement, the petitioner petitioning for
the establishment of a community improvement district must agree to pay all City staff and any
City consultant and special counsel costs for review and analysis of the community improvement
district petition. The City will provide petitioner with an estimate of such cost within two weeks
after the petition is filed. The petitioner must deposit the amount of the estimate with the City
Clerk no later than one (1) week after the City has provided the estimate. If it appears that
actual costs will exceed the amount of the initial deposit, the City may require additional
deposits. If the total amount deposited is less than the actual costs, the petitioner shall pay
difference to the City. If the total amount deposited exceeds the actual costs, the City shall pay
the difference to the petitioner.
SECTION 4. This ordinance shall be
in full force and effect from and after its passage.
PASSED this 21st day of December, 2009.