Section 99.936 – Disposal of real property.
Effective – 07 Jul 2003 99.936. Disposal of real property. — Real property which is acquired by a municipality or authority in a development project area may be disposed of as follows: (1) Within a development project area, the authority may sell, lease, exchange, or otherwise transfer real property, including land, improvements, and fixtures, or […]
Section 99.939 – Fund established for community development corporations (Kansas City, St. Louis County, St. Louis City, Boone County) — fund administration — diversion of certain sales tax revenues to general revenue fund — grants and loans awarded.
Effective – 07 Jul 2003 99.939. Fund established for community development corporations (Kansas City, St. Louis County, St. Louis City, Boone County) — fund administration — diversion of certain sales tax revenues to general revenue fund — grants and loans awarded. — 1. Any home rule city with more than four hundred thousand inhabitants and […]
Section 99.942 – Development plan, contents — goal for certain projects (Kansas City, St. Louis City, St. Louis County, Boone County) — adoption of development plan, procedure.
Effective – 07 Jul 2003 99.942. Development plan, contents — goal for certain projects (Kansas City, St. Louis City, St. Louis County, Boone County) — adoption of development plan, procedure. — 1. A development plan shall set forth in writing a general description of the program to be undertaken to accomplish the development projects and […]
Section 99.905 – Bond’s rate of interest — maturing when — may be with or without right to call for payment or redemption — minimum price of bond — sale requirements.
Effective – 28 Aug 1992 99.905. Bond’s rate of interest — maturing when — may be with or without right to call for payment or redemption — minimum price of bond — sale requirements. — Revenue bonds issued pursuant to the provisions of sections 99.875 to 99.912 shall be of such denomination, shall bear such […]
Section 99.907 – Tax exemption for interest on bonds.
Effective – 28 Aug 1992 99.907. Tax exemption for interest on bonds. — The bonds when issued and sold shall be negotiable instruments within the meaning of chapter 400, and the interest thereon shall be exempt from any state or local income taxes under the laws of the state of Missouri. The provisions of section […]
Section 99.910 – Form of bond, how determined — more restrictive or additional criteria for mortgages and loans may be set by municipality.
Effective – 28 Aug 1992 99.910. Form of bond, how determined — more restrictive or additional criteria for mortgages and loans may be set by municipality. — The governing body of the municipality issuing bonds pursuant to the provisions of sections 99.875 to 99.912 shall prescribe the form, details and incidents of the bonds, and […]
Section 99.912 – Civil actions to compel governing body issuing bonds to perform all duties.
Effective – 28 Aug 1992 99.912. Civil actions to compel governing body issuing bonds to perform all duties. — The governing body of the municipality may prescribe in any ordinance directing the issuance of bonds pursuant to the provisions of sections 99.875 to 99.912 the terms and conditions under which the holder, or any specified […]
Section 99.915 – Title — funding exclusions — act supersedes other inconsistent laws.
Effective – 07 Jul 2003 99.915. Title — funding exclusions — act supersedes other inconsistent laws. — 1. Sections 99.915 to 99.1060 shall be known and may be cited as the “Missouri Downtown and Rural Economic Stimulus Act”. 2. Nothing in sections 99.915 to 99.1060 shall be construed to provide any funding for the construction, […]
Section 99.918 – Definitions.
Effective – 28 Aug 2021, 3 histories 99.918. Definitions. — As used in sections 99.915 to 99.980, unless the context clearly requires otherwise, the following terms shall mean: (1) “Authority”, the downtown economic stimulus authority for a municipality, created pursuant to section 99.921; (2) “Baseline year”, the calendar year prior to the adoption of an […]
Section 99.919 – Out-of-state business, projects that relocate, calculation of new net revenues.
Effective – 07 Jul 2003 99.919. Out-of-state business, projects that relocate, calculation of new net revenues. — Notwithstanding anything contained in sections 99.915 to 99.980 to the contrary, for development projects that result in the relocation of an out-of-state business or out-of-state businesses to the development project area, the portion of economic activity taxes, the […]