SB 0359 | Creates/Funds Sewage-Storm Water Facility Improv. Districts |
Sponsor: | WESTFALL | ||
Committee: | COMM | LR Number: | L1205.04P |
Last Action: | 04/20/95 - Hearing Conducted H Local Government & Related Matters Committee | ||
Title: | SCS/SB 359 | ||
Effective Date: | August 28, 1995 | ||
SCS/SB 359 - This act provides for the creation of Sewage or Storm Water Facility Improvement Districts in Greene County. Allowed improvements to sewage or storm water facilities include acquiring property, improving streets and sidewalks, storm drains, sewer systems, water works systems, bridges and parking facilities.
A district may be formed after the voters in a proposed district approve a resolution submitted by the county governing body. The election notice shall describe the proposed improvement, cost, boundaries of the district, and method of assessment of costs upon the district. If the boundaries of the sewage or storm water districts are identical, the resolutions may be submitted as a single issue, otherwise, separate approval of sewage or storm water districts is required.
Maintenance assessments may be levied upon approval by district voters. To pay for the improvements, assessments are apportioned in accordance with the benefits accruing from the improvement to the district property. Assessments shall be ordered by the county governing body, after holding a public hearing, and assessment notices shall be mailed by the county clerk to affected property owners annually along with general property tax assessments. The assessments may be appealed as provided in Chapter 138, RSMo.
The county governing body may issue bonds or temporary notes up to the cost of the improvement as general obligations of the county. The temporary notes and general obligation bonds issued by the county shall be a liability of the sewage or storm water facility improvement district and shall be repaid by assessments. Money from the sale of such bonds or notes shall be maintained in a separate account of the county treasury. The total indebtedness incurred in a county for improvements under this act shall not exceed ten percent of the assessed valuation of all taxable tangible property in the district.
See Truly Agreed To CCS#2/SCS/HCS/HB 88. RONALD J. LEONE