A. Published Notice. Upon request by the City Administrator, the City Clerk shall publish a notice in the newspaper of general circulation inviting, and the City may otherwise request, the submission of proposed development plans in accordance with Section 26-62: Development Plan Contents, of this Article for the redevelopment of an area, regardless of whether the Board of Aldermen has, at the time of publication, determined that such area qualifies as a blighted area. Such notice shall provide that proposed development plans must be submitted to the City within no less than thirty (30) days nor more than ninety (90) days following publication of such notice. If the Board rejects all proposed development plans, or if none are submitted, the Board may direct the City Clerk to publish notice again and the period of submission of proposed development plans shall begin anew. Such notice shall be sufficient if it states that the City will consider one (1) or more municipal finance incentives provided under State law in connection with the proposed project.

B. Submitting Parties. Notwithstanding anything to the contrary in Subsection A of this Section, above, a party that has previously responded to a request for redevelopment proposals for a specific site in the City, and been designated by the Board of Aldermen as the developer for such specific site or portion thereof, may submit a development plan for such site or portion thereof to the City at any time, regardless of whether an invitation to submit proposed development plans for such site has been published pursuant to Subsection A of this Section, above.

Development Plan Contents.
Submission of a development plan shall comply with the following requirements;
 

A. Filing Fee. Any party submitting a development plan for review shall submit copies, and shall submit a non-refundable filing fee to the City in the amount designated in the Public Works Fee Schedule to be used by the City to defray the expenses connected with the evaluation and review of the proposed development plan.

B. Development Plan Requirements.

1. A development plan shall contain at least the following information and data: see Section 26-62B for a complete list of requirements for a development plan.

Preliminary Approval Of Development Plan.
Upon receipt of a proposed development plan containing the information as required in Section 26-62: Development Plan Contents, of this Article, the Board of Aldermen shall review the submitted material in accord with the following provisions:
 

A. The Board may request and receive clarification of any proposed development plan. The Board, in its discretion, may waive any irregularity or omission in any proposed development plan.

B. Following the public hearing, the Board shall consider the merits of the proposed development plan(s) and, in its discretion, by resolution, preliminarily, either:

1. Approve a development plan as proposed;
2. Approve a development plan with modifications and conditions; or
3. Disapprove a proposed development plan.

C. Following preliminary Board approval, the person or corporation submitting the proposed development plan shall file evidence with the City Clerk that it is a lawfully organized corporation and that such corporation is in good standing existing under Chapter 353, RSMo.

Final Approval Of Development Plan.
Final approval of a proposed development plan shall be by ordinance. The ordinance approving a development plan shall contain:
 

A. A finding that the area qualifies as a blighted area, and that the clearance, redevelopment, replanning, rehabilitation or reconstruction thereof is necessary for public convenience and necessity and constitutes a public purpose;

B. A finding that construction of the redevelopment project is necessary for the preservation of the public peace, property, health, safety, morals and welfare;

C. If the Board so determines, the finding and declaration that the exercise of the power of eminent domain by the corporation is necessary to accomplish the purposes of the redevelopment project and is in the best interests of the City;

D. Authority for the Mayor to enter into a development contract on behalf of the City with the corporation;

E. A designation of the time within which all real property in the blighted area must be acquired by the corporation, which may include acquisition by phases, and provision for the expiration of development rights, including the right of eminent domain in the event of failure of the corporation to acquire ownership of the real property within the blighted area within the time limits specified;

F. A provision limiting the use of the blighted area to the use(s) described in the approved development plan for a period of years;

G. Such other matters as may be deemed relevant by the Board, including, but not limited to, liquidated damages and amount of performance and payment bonds, if any; and

H. If the Board so determines, a provision authorizing that any surplus earnings in excess of the rate of net earnings provided in Chapter 353, RSMo., may be held by the corporation as a reserve for maintenance of such rate of return in the future and may be used by the corporation to offset any deficiency in such rate of return which may have occurred in prior years; or to be used to accelerate the amortization payments; or for the enlargement of the redevelopment project; or for reduction in rentals therein.

 

See Article XI: Urban Redevelopment Procedures for more detailed information.