Ordinance 71257

Establishing the O’Fallon - Penrose Special Business District (SBD)

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Ordinance

The proposed bill would establish a special business district pursuant to Sections 71.790 through 71.808 of the Revised Statutes of Missouri, to be known as the O’Fallon - Penrose Special Business District. The bill sets the district’s boundaries, tax rate, initial rate of levy subject to the approval of the qualified voters, and uses to which the tax revenue may be put, and creates a board of commissioners for its administration.

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Legislative History

Session: 2020-2021
Board Bill Number: 98
Primary Sponsor: John Collins-Muhammad
Co-Sponsors:
Committee: Ways and Means
First Reading: 09/18/2020
Second Reading: 10/30/2020
Perfection: 11/06/2020
Third Reading: 12/04/2020
Effective Date: 12/18/2020

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