Effective - 28 Aug 1982
353.060. Urban redevelopment corporation may operate one or more development projects — powers, public hearing required, when. — An urban redevelopment corporation shall operate under this chapter on one or more redevelopment projects pursuant to an authorized development plan, and with respect to each such project shall have such rights, powers, duties, immunities and obligations, not inconsistent with the provisions of this law, as may be conferred upon it by city ordinance duly enacted by the legislative authority of a city affected by this chapter which is authorizing or has authorized such plan; provided, however, that no such rights or powers, except those previously granted, shall be granted by any governing authority to any urban redevelopment corporation after August 13, 1982, unless the governing authority shall hold a public hearing for the stimulation of comment by those to be affected by any such grant and shall determine thereafter that the area covered by the plan is blighted; provided, however, that notwithstanding the provisions of this section, such urban redevelopment corporation may, as a redeveloper under the provisions of the land clearance for redevelopment authority law, acquire property, by purchase or lease, from a land clearance for redevelopment authority as defined in said law, in the manner and under the terms and conditions specified in said law.
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(L. 1945 p. 1242 § 6, A.L. 1951 p. 364, A.L. 1982 H.B. 1713, et al.)
Structure Missouri Revised Statutes
Title XXIII - Corporations, Associations and Partnerships
Chapter 353 - Urban Redevelopment Corporations Law
Section 353.010 - Citation of chapter.
Section 353.020 - Definitions.
Section 353.030 - Organization of corporation — contents of articles of agreement.
Section 353.050 - Use of word "redevelopment" prohibited — exceptions.
Section 353.070 - General corporation laws unless conflicting apply.
Section 353.080 - Notice of meetings to holders of income debentures.
Section 353.090 - Maintain reserves for specific purposes.
Section 353.110 - Real property exempt from taxation — limitation.
Section 353.130 - Redevelopment corporation may acquire property.
Section 353.140 - Occupancy of property acquired by corporation by previous owners — conditions.
Section 353.150 - Borrowing of money and giving of security by corporation.
Section 353.160 - May accept grants or loans from the United States government.
Section 353.180 - Any corporation may purchase shares of stock of urban redevelopment corporation.
Section 353.190 - Real property tax abatement not to apply, excursion gambling boats.