Ordinance 67321

Impl. a Community Dev. Revolving Fund

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Summary

BOARD BILL # 274 INTRODUCED BY ALDERMAN ALFRED WESSELS, JR. AN ORDINANCE IMPLEMENTING CERTAIN PROVISIONS OF THE MISSOURI DOWNTOWN AND RURAL ECONOMIC STIMULUS ACT BY ESTABLISHING A COMMUNITY DEVELOPMENT CORPORATION REVOLVING FUND (THE “FUND”); AUTHORIZING THE APPOINTMENT OF A BOARD PURSUANT TO SECTION 99.939 OF THE REVISED STATUTES OF MISSOURI, AS AMENDED, TO ADMINISTER THE FUND; AUTHORIZING THE MAYOR OF THE CITY OF ST. LOUIS, ON BEHALF OF SAID CITY, TO APPLY TO THE MISSOURI DEPARTMENT OF ECONOMIC DEVELOPMENT FOR ONE OR MORE GRANTS FOR DEPOSIT TO THE FUND; AUTHORIZING THE BOARD TO ESTABLISH BY-LAWS REGARDING ITS PROCEEDINGS; AUTHORIZING THE BOARD TO PERFORM DUTIES RELATED TO THE FUND AS AUTHORIZED BY MISSOURI STATUTE; APPROVING A DISADVANTAGED BUSINESS ENTERPRISE PROGRAM; AND CONTAINING A SEVERABILITY CLAUSE

Download

St. Louis City Ordinance 67321 Document (121.44 KB PDF)

Overview

Session: 2006-2007

Board Bill Number: 274

Primary Sponsors: Fred Wessels Jr.

Committee:

Effective: 12/27/2006

Sponsors:

Fred Wessels

Legislative History

  • 10/27/2006

    First Reading

  • 11/03/2006

    Second Reading

  • 11/17/2006

    Perfection

  • 11/17/2006

    Third Reading

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