Section 100.570 – Ad valorem tax benefits available, when.
Effective – 28 Aug 1967 100.570. Ad valorem tax benefits available, when. — The ad valorem tax exemption benefits contained in chapter* 353, RSMo 1959, of “The Urban Redevelopment Corporation Law” and more specifically in sections 353.110 and 353.150(4), shall not be available to any urban redevelopment corporation on lands and improvements situated within a […]
Section 100.450 – Bonds, no personal liability on, not a debt of issuing subdivision or state — interest on bonds exempt from income tax.
Effective – 28 Aug 1967 100.450. Bonds, no personal liability on, not a debt of issuing subdivision or state — interest on bonds exempt from income tax. — 1. Neither the commissioners of any authority nor any person executing the bonds shall be liable personally on the bonds by reason of the issuance thereof. Bonds […]
Section 100.460 – Signatures on bonds, validity of — bonds negotiable — conclusive presumption that bond was issued for stated purpose.
Effective – 28 Aug 1967 100.460. Signatures on bonds, validity of — bonds negotiable — conclusive presumption that bond was issued for stated purpose. — 1. In case any of the commissioners or officers of the authority whose signatures appear on any bonds or coupons shall cease to be such commissioners or officers before the […]
Section 100.470 – Payment of bonds secured, how.
Effective – 28 Aug 1967 100.470. Payment of bonds secured, how. — In connection with the issuance of bonds or the incurring of obligations under leases and in order to secure the payment of such bonds or obligations, an authority, in addition to its other powers, shall have power: (1) To pledge all or any […]
Section 100.390 – Authority to be a body corporate and politic, powers and duties of authority.
Effective – 30 May 1986 100.390. Authority to be a body corporate and politic, powers and duties of authority. — An authority shall constitute a public body corporate and politic, exercising public and essential governmental functions and having all the powers necessary or convenient to carry out and effectuate the purposes and provisions of this […]
Section 100.400 – Preparation and approval of plans, regulations governing.
Effective – 28 Aug 1982 100.400. Preparation and approval of plans, regulations governing. — 1. Preparation and approval of plans shall be carried out within the following regulations: (1) An authority shall not acquire real property for a project unless the governing body of the city has approved the plan, as prescribed in subdivision (9) […]
Section 100.410 – Property in a project, how disposed of.
Effective – 28 Aug 1980 100.410. Property in a project, how disposed of. — Property in a project may be disposed of as follows: (1) An authority may sell, lease, exchange or otherwise transfer real property, including land and improvements as provided for in the project, or any interest therein in a project area to […]
Section 100.420 – Authority may exercise power of eminent domain.
Effective – 28 Aug 2006 100.420. Authority may exercise power of eminent domain. — 1. An authority whose board members are appointed by one or more elected officials shall have the right to acquire by the exercise of the power of eminent domain any real property which it may deem necessary for a project or […]
Section 100.430 – Bonds, issuance by authority.
Effective – 28 Aug 1967 100.430. Bonds, issuance by authority. — 1. An authority shall have power to issue bonds from time to time in its discretion for any of its corporate purposes including the payment of principal and interest upon any advances for surveys and plans for projects. 2. An authority shall also have […]
Section 100.440 – Bonds, how issued, authorized and sold.
Effective – 28 Aug 1982 100.440. Bonds, how issued, authorized and sold. — 1. Bonds of an authority shall be authorized by its resolution and may be issued in one or more series and shall bear such date or dates, be payable upon demand or mature at such time or times, bear interest at such […]