HB 472 -- Community Improvement Districts and Industrial
Development Corporations

Sponsor:  Johnson (47)

Current law requires that each community improvement district be
governed by a board with five to 30 directors.  Whether elected
or appointed to the board, half of the directors will serve for
two years and the other half will serve for four.  If there is an
odd number of directors, the director who received the least
number of votes will serve for two years.

For districts formed after this bill goes into effect, half of
the directors will serve a term of two years and half will serve
a term of three or four years.  The length of the term will be
determined before the election or appointment of the directors.
If an odd number of directors is elected or appointed, the
director who received the least number of votes will serve for
two years.

The bill also grants districts the power to repair, restore, or
maintain any abandoned cemetery within its boundaries.

Current law requires that industrial development corporations be
governed by a board of directors, all of whom must be duly
qualified electors and resident taxpayers in the county or
municipality for five years.  The bill changes the residency
requirement for directors from five years to one year.

The bill also removes the requirement that directors of
industrial development corporations formed by municipalities
located in third or fourth classification counties be duly
qualified electors.  Directors in these counties must be
taxpayers and registered voters, but not duly qualified electors
as well.

Missouri House of Representatives
Last Updated July 25, 2003 at 10:12 am