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HomeMy WebLinkAbout2011-012 IDA Resolution Form Horizons Corridor Transportation Development District IDA RESOLUTION NO. 2011-012 A RESOLUTION APPROVING AND AUTHORIZING EXECUTION AND FILING OF A PETITION TO FORM THE HORIZONS CORRIDOR TRANSPORTATION DEVELOPMENT DISTRICT WHEREAS, The Industrial Development Authority of the City of Riverside, Missouri desires to create a transportation development district on property owned by the Authority within the Horizons Development Area; NOW THEREFORE, BE IT RESOLVED BY THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF RIVERSIDE, MISSOURI, AS FOLLOWS: THAT the Petition for Formation of a Transportation Development District to establish the Horizons Corridor Transportation Development District in substantially the same form as attached hereto as Exhibit "A" is hereby approved; FURHTER THAT, the President is hereby authorized to execute, deliver and file with the appropriate authorities the Petition for Formation of a Transportation Development District to be known as the "Horizons Corridor Transportation Development District" on behalf of The Industrial Development Authority of the City of Riverside, Missouri, with such changes as are approved by the officer executing such document, such execution being conclusive proof of such approval, and the Assistant Secretary is authorized to attest thereto; FURTHER THAT the President and Assistant Secretary are hereby authorized to execute such additional documents and take such actions as are necessary or desirable to effectuate the intent of this Resolution; PASSED AND ADOPTED by the Industrial Development Authority and APPROVED by the President of the Industrial Development Authority of the City of Riverside, Missouri, the day of t ,, 2011. r Pamela J. g rat , President ATT ST: -93'rall Wagner, Ass' ant Se Approved as to Form: j r N cy o son, City Attorney 1 Filndustrial Development AuthorityWeeting 12122011\IDA Reso 2011-012-Horizons TDD Petition Approval.doex IN THE CIRCUIT COURT OF PLATTE COUNTY, MISSOURI SIXTH JUDICIAL CIRCUIT IN THE MATTER OF: ) THE HORIZONS CORRIDOR ) TRANSPORTATION DEVELOPMENT DISTRICT ) THE INDUSTRIAL DEVELOPMENT AUTHORITY ) OF THE CITY OF RIVERSIDE,MISSOURI ) a Missouri public corporation ) Case No.: Petitioners, ) VS. ) THE MISSOURI HIGHWAYS & ) TRANSPORTATION COMMISSION, ) and ) PLATTE COUNTY, MISSOURI, ) a county of the first class, ) and ) CITY OF RIVERSIDE, ) a Missouri fourth class city ) Respondents. ) PETITION FOR FORMATION OF A TRANSPORTATION DEVELOPMENT DISTRICT COME NOW petitioner The Industrial Development Authority of the City of Riverside, Missouri ("IDA"), by and through their attorneys, and pursuant to the Missouri Transportation Development District Act (the "Act'), §§238.200 through 238.280 of the Revised Statutes of Missouri, as amended ("RSMo"), and petition the Court for the formation, certification and creation of a transportation development district under such act for the real property described in this petition and to be known as the Horizons Corridor Transportation Development District(the"District') and WA 3177009.1 12/8/2011 I state as follows: 1. Petitioner The Industrial Development Authority of the City of Riverside, Missouri is a public corporation organized and existing in good standing under the laws of the state of Missouri with an address of 2950 NW Vivion Road, Riverside,Missouri 64150. 2. Respondent City of Riverside, Missouri is a fourth class city organized and existing in good standing under the laws of the state of Missouri with an address of 2950 NW Vivion Road, Riverside, Missouri 64150. The City may be a local transportation authority within the proposed District, as indicated or contemplated under §238.207.4(2), RSMo. 3. Respondent Missouri Highways and Transportation Commission (the "Commission") is the constitutional authority responsible for constructing and maintaining the Missouri highway system and is a necessary party under §238.207.4(2), RSMo. The address of the Commission is 105 W. Capitol Avenue, Jefferson City, Missouri. The Commission may be served with process by service thereof upon Mari Ann Winters, its Secretary, at 105 W. Capitol Avenue Jefferson City, Missouri. 4, Respondent Platte County, Missouri (the "County"), with an address of 415 3rd St. Platte City, Missouri 64079, may be an affected local transportation authority within the proposed District, as indicated or contemplated under §238.207.4(2), RSMo. 5. Jurisdiction is proper in this Court pursuant to §238.207.1,RSMo. 6. Venue is proper in this Court pursuant to §238.207.1, RSMo, in that the proposed district lies entirely within Platte County,Missouri. 7. There are no persons eligible to be registered voters residing within the proposed district. 8. The name of the proposed district is the Horizons Corridor Transportation WA 3177009.1 12/8/2011 2 Development District. 9. The proposed District is contiguous. 10. A map illustrating the boundaries of the District is attached hereto as Exhibit"A" and is incorporated herein by reference. The specific description of the proposed boundaries of the District is attached hereto as Exhibit "B" and is incorporated herein by reference. 11. The general location and description of the improvements that Petitioners propose that the District undertake are attached hereto as Exhibit "C" and depicted in Exhibit "A." 12. The proposed improvements of the Project upon completion will become part of the street and maintenance system of the City. 13. Further, (a) this District is sought to be formed pursuant to a petition filed by the owners of record of all the real property located within the proposed District, (b) this petition provides that the only funding method for project costs will be a sales tax, (c) all of the real property located within the proposed District will benefit by the projects to be undertaken by the district and (d) each parcel within the proposed District is within five miles of every other parcel of the proposed District. 14. All or portions of the streets that the proposed Project will upgrade are in or adjacent to the District and, along with the portions of the Project providing infrastructure improvements within the District, will substantially benefit all of the real property located within the District. 15. The board of directors of the District (the "Board") shall be comprised of five (5) members. 16. The terms of office of the initial Board members of the District will be staggered, the two members receiving the highest number of votes will have an initial three-year term, the WA 3177009.1 12/8/2011 3 two members receiving the next highest number of votes will have an initial two-year term, and the member receiving the fewest votes will have an initial one-year term. After the initial terms, all Board members will be elected for three-year terms. Each board member shall continue to serve following the expiration of his tern until such time as his successor has been duly elected in accordance with the Act. 17. It is intended that the Project will be funded by any method available under the act. 18. It further is intended that a transportation development district sales taxes be collected at the rate of up to one percent (1%) on all transactions subject to a retail sales tax imposed in the District pursuant to §238.235,RSMo, for a period not to exceed 25 years. 19. The proposed District shall not be an undue burden on any owner of property within the District and is not unjust or unreasonable. 20. Petitioners make up the owners of record of all of the real property, except public streets, located within the District. WHEREFORE, Petitioners request that the Court enter a judgment and decree: a. Finding and certifying that all of the owners of property in the District have joined in this Petition; b. Finding and certifying that respondents Missouri Highways and Transportation Commission, Platte County and the City of Riverside have been duly served with process in this action; C. Finding and certifying that the Petition is not legally defective; d. Finding and certifying that the proposed District and method of funding the Project and the District's operations are neither illegal nor unconstitutional; WA 3177009.1 12/8/2011 4 e. Finding and certifying that the proposed District is not an undue burden on any owner of real property within the District and is not unjust or unreasonable; f Finding and certifying that (i) the District is being formed pursuant to a petition filed by the owners of record of all the real property located within the proposed District, (ii) that the Project will be funded by any method available under the act, including but not limited to a sales tax, (iii) that all of the real property located within the proposed District will benefit by the projects to be undertaken by the District, and (iv) that each parcel within the proposed district is within five miles of every other parcel of the proposed District. g. Finding and certifying that the Horizons Corridor Transportation Development District is properly, duly and lawfully organized; h. Declaring the Horizons Corridor Transportation Development District to be organized, created and existing as a political subdivision of the State of Missouri upon entry of such judgment; i. Finding and certifying that no registered voters reside within the District and that the owners of real property located within the District are the "qualified voters" pursuant to the Act and, therefore, that any election for the election of a board of directors of the District and for the imposition of a retail sales tax under and pursuant to §238.235, RSMo shall be conducted among all property owners within the District; j. Certifying for qualified voter approval a transportation development district retail sales tax of up to one percent (1%) on all retail sales subject to taxation under and pursuant to §§144.010 through 144.525, RSMo,within the District for a period of up to 25 years; WA 3177009.1 12/8/2011 5 k. Calling and setting the date, time and place for a meeting of all owners of real property within the District, pursuant to §238.220.2(1), RSMo, to elect the initial directors of the District and a chairman and secretary of the meeting to conduct the election; 1. Certifying the board of directors election; in. Calling and setting the date, time and place for the first meeting of the directors of the Horizons Corridor Transportation Development District, pursuant to §238.222.2, RSMo; n. Ordering that the question of whether a sales tax of up to one percent(I%) should be imposed by the District for a period of up to 25 years be submitted to all property owners within the District for an election by unanimous petition under and pursuant to §238.216(1)(3), RSMo; o. Certifying the results of the retail sales tax election; and p. Making any additional findings and orders that the Court deems necessary and proper. Respectfully submitted, SPENCER FANE BRITT& BROWNE LLP By James W. Grice, Esq. Missouri Bar No. 41644 WA 3177009.1 12/82011 6 1000 Walnut, Suite 1400 Kansas Village, Missouri 64106-2140 Direct Telephone: 816-292-8157 Direct Telecopier: 816-474-3216 Internet: jgrice@spencerfane.com ATTORNEYS FOR PETITIONERS WA 3177009.1 12/82011 7 The Industrial Development Authority of the City of Riverside, Missouri The undersigned , on behalf of The Industrial Development Authority of the City of Riverside,Missouri on this day of , 2011, an owner of property within the proposed Horizons Corridor Transportation Development District hereby petitions for the formation of the Horizons Corridor Transportation Development District set forth above in this Unanimous Petition of Property Owners for Formation of a Transportation Development District. The undersigned also acknowledges that his or her signature and consent may not be withdrawn for a period of 180 days after this Petition is signed. The Industrial Development Authority of the City of Riverside, Missouri By: STATE OF 1 ss. COUNTY OF ) On this _ day of , 2011, before me, a Notary Public in and for said state, personally appeared who is the on behalf of The Industrial Development Authority of the City of Riverside, Missouri known to me to be the person who executed the within Unanimous Petition of Property Owners for Formation of a Transportation Development District on behalf of said The Industrial Development Authority of the City of Riverside, Missouri and acknowledged to me that he executed the same for the purposes therein stated. Notary Public Printed Name: My Commission Expires: WA 3177009.1 12/8/2011 8 EXHIBIT A MAP OF BOUNDARIES WA 3177009.1 12/8/2011 9 EXHIBIT B LEGAL DESCRIPTION OF BOUNDARIES WA 3177009.1 12/8/2011 10 EXHIBIT C DESCRIPTION OF PROJECTS Horizons Project Description Petitioner proposes to undertake a project in one or more phases. Generally the Project consists of the construction of 39th Street West of Horizons Parkway along with secondary roadway facilities throughout the TDD. The purpose of the project is to upgrade dilapidated and outmoded roadways which will reduce hazards within the TDD, while improving safety and access for ingress and egress. Utilities that are within the limits of construction and require relocation will be included in the project. Costs include engineering related services, grading, drainage, paving, lighting, signing, traffic signal construction, pavement markings, curb and gutters, storm sewers, utility relocations, landscaping, right of way and easements acquisition, maintaining traffic during construction, and other items incidental to complete construction of the proposed facilities. The total projected cost is estimated at$1,250,000. WA 3177009.1 12/8/2011 1 I