United States — Missouri Statutes

29,361 statutes · page 6 of 1,469

• United States — Missouri

  Missouri Revised Statutes § 100.140 - Sinking fund for revenue bonds

  1 provisions

  Before issuing revenue bonds, the governing body must create a sinking fund by ordinance and pledge enough project revenue to fund bond interest, fiscal charges, and bond repayment.

  Act or statute Open & Chat

• United States — Missouri

  Missouri Revised Statutes § 100.150 - Revenue bonds payable from revenues only — statement on bond

  1 provisions

  Revenue bonds under these sections must be backed only by pledged revenue, not other funds, and each bond must say so.

  Act or statute Open & Chat

• United States — Missouri

  Missouri Revised Statutes § 100.155 - Revenue bonds, municipalities, refunding issue authorized — form and terms

  1 provisions

  Municipalities with existing revenue bonds may issue refunding revenue bonds under sections 100.010 to 100.200, and those bonds are not general obligations of the municipality.

  Act or statute Open & Chat

• United States — Missouri

  Missouri Revised Statutes § 100.160 - Municipality to carry out plan on receipt of funds

  1 provisions

  If the municipality has received funds for a project, it must carry out the plan by purchasing, constructing, extending, or improving the facilities.

  Act or statute Open & Chat

• United States — Missouri

  Missouri Revised Statutes § 100.170 - Construction to be under contract — how let, notice

  1 provisions

  The municipality must contract for certain approved projects, award contracts through competitive bidding to the lowest and best bidder, and give notice as section 8.250 requires.

  Notice Open & Chat

• United States — Missouri

  Missouri Revised Statutes § 100.180 - Municipality's power to enter into loans, sales, leases or mortgages — terms — requirements

  1 provisions

  A municipality may finance and dispose of certain industrial-development facilities by loan, sale, lease, or mortgage, subject to stated bond-related and consistency requirements.

  Act or statute Open & Chat

• United States — Missouri

  Missouri Revised Statutes § 100.190 - Property acquired may be sold

  1 provisions

  A municipality may sell certain bond-funded property or buildings to private buyers for warehousing, manufacturing, or industrial development, but only with governing body approval.

  Act or statute Open & Chat

• United States — Missouri

  Missouri Revised Statutes § 100.200 - Sales of industrial development property acquired with revenue bonds

  1 provisions

  A municipality may sell certain revenue-bond-funded industrial property, but the sale terms must protect the municipality’s economic well-being and industrial development, and the price cannot be below the amount needed to retire the related bonds.

  Act or statute Open & Chat

• United States — Missouri

  Missouri Revised Statutes § 100.240 - Citation of law — athletic and entertainment facility project, funding of — definitions — application procedure — limit on annual expenditure — tax credit, amount — bonds, issuance of — legal fees

  1 provisions

  This section creates a Missouri sports-facility funding program with application, approval, spending, tax credit, and bond rules.

  Act or statute Open & Chat

• United States — Missouri

  Missouri Revised Statutes § 100.250 - Title of act

  1 provisions

  Sections 100.250 to 100.297 are called the "Missouri Development Finance Board Act," and they may be cited by that name.

  Act or statute Open & Chat

• United States — Missouri

  Missouri Revised Statutes § 100.255 - Definitions

  1 provisions

  This section defines key terms used in sections 100.250 to 100.297.

  Act or statute Open & Chat

• United States — Missouri

  Missouri Revised Statutes § 100.260 - Funds established — administration, investment — no transfer to general revenue, when — increase of certain revenue calculated and allocated to Jobs Now fund

  1 provisions

  This section creates four special funds and assigns the board and the commissioner of administration specific duties for administering, investing, and allocating money to the Jobs Now Fund.

  Act or statute Open & Chat

• United States — Missouri

  Missouri Revised Statutes § 100.263 - Infrastructure development fund, created, purpose — lapse into general revenue, prohibited

  1 provisions

  Creates an Infrastructure Development Fund and directs its money to loans, loan guarantees, or grants for local political subdivisions and state agencies.

  Act or statute Open & Chat

• United States — Missouri

  Missouri Revised Statutes § 100.265 - Missouri development finance board created — members, qualifications, appointment, terms — meetings — quorum — expenses

  1 provisions

  This provision creates the Missouri Development Finance Board and sets its membership, appointment rules, quorum, meeting authority, and expense reimbursement.

  Act or statute Open & Chat

• United States — Missouri

  Missouri Revised Statutes § 100.270 - Board's powers and duties — rules, authority to promulgate

  1 provisions

  The board has broad authority to manage funds, make investments, enter agreements, set rules, and carry out the listed programs.

  Rule Open & Chat

• United States — Missouri

  Missouri Revised Statutes § 100.273 - Development finance board employees are state employees eligible for state retirement — not eligible for state health insurance plan unless requested by board — no purchase of creditable service, exception

  1 provisions

  Some Missouri development finance board employees are treated as state employees for retirement, but they usually do not get state health plan coverage, and they may buy certain prior service credit only within stated limits.

  Act or statute Open & Chat

• United States — Missouri

  Missouri Revised Statutes § 100.275 - Bonds and notes issued — approved as investment, who may invest — tax exemptions, exceptions — power to contract with development agency

  1 provisions

  The board may issue and sell revenue bonds and notes, but bonds and notes have price, maturity, and tax rules, and the board can contract with development agencies.

  Act or statute Open & Chat

• United States — Missouri

  Missouri Revised Statutes § 100.277 - Employment and business opportunities required to be provided, to whom

  1 provisions

  Funds used for certain authorized projects must provide appropriate employment and business opportunities for minority, women, and disadvantaged business enterprises.

  Act or statute Open & Chat

• United States — Missouri

  Missouri Revised Statutes § 100.281 - Project plan, approval procedure — board to review and grant loan, when — borrowing power — sale of bonds

  1 provisions

  The board may approve all or part of certain loan requests if stated conditions are met, and development agencies have power to borrow and related actions; the board must make a reasonable effort to sell certain bonds.

  Act or statute Open & Chat

• United States — Missouri

  Missouri Revised Statutes § 100.282 - Limitations on approval of loans

  1 provisions

  Certain Missouri finance authorities may approve state loan requests only when repayment is reliably ascertainable, and they may not approve loans tied to ungranted state funding unless an exception applies.

  Act or statute Open & Chat