§ 68-450. Imposition of sales tax (2019).

(a)

Imposition of sales tax. Pursuant to the authority granted by and subject to the provisions of RSMo 94.500 through 94.550, the City Sales Tax Act, a tax for the benefit of the city is hereby imposed upon all sellers for the privilege of engaging in the business of selling tangible personal property or rendering taxable services at retail to the extent and in the manner provided in RSMo 144.010 through 144.525, and the rules and regulations of the director of revenue issued pursuant thereto. The rate of the tax shall be one percent on the receipts from the sale at retail of all tangible personal property or taxable services at retail within the city, if such property and such services are subject to taxation by the state under the provisions of RSMo 144.010 through 144.525. The tax shall become effective January 1, 2019, and shall apply to all sales made after December 31, 2018, for a period of 20 years and shall be collected as provided in RSMo 94.500 through 94.550.

(b)

Allocation of sales tax.

(1)

Special program funding—Neighborhoods.

a.

PIAC recommendations. For fiscal years beginning May 1, 2019, the Public Improvements Advisory Committee ("PIAC") shall make recommendations regarding 35 percent of the available sales tax receipts raised through this sales tax for neighborhood conservation, maintenance and improvements divided equally among council districts.

b.

City council approval. For fiscal years beginning May 1, 2019, the city council's final approval will include PIAC's recommendations for 35 percent of the available sales tax receipts raised through this sales tax for neighborhood conservation, maintenance and improvements divided equally among council districts.

(2)

Special program funding—Capital improvements.

a.

City manager recommendations. For fiscal years beginning May 1, 2019, the city manager, with review and comment by PIAC, shall make recommendations regarding at least 25 percent of the available sales tax receipts for street resurfacing, repair, and the construction of complete street facilities and the remainder allocated for other capital improvements, including the city's share of the costs for the replacement of the Buck O'Neil Bridge.

b.

City council approval. For fiscal years beginning May 1, 2019, the city council's final approval will be necessary for at least 25 percent of the available sales tax receipts for street resurfacing, repair, and the construction of complete street facilities and the remainder allocated for other capital improvements, including the city's share of the costs for the replacement of the Buck O'Neil Bridge.

(c)

Capital improvement defined. For purposes of this section, the term "capital improvement" shall be defined as the construction, repair, maintenance, replacement, expansion, or the debt service thereon, of any public capital asset.

(d)

Transfer of funds.

(1)

Neighborhoods funds. The two council members from the affected district may request, in writing to the city manager, the transfer of unencumbered balances, in an amount not to exceed $500,000.00, of the sales tax receipts apportioned to the district for neighborhood conservation, maintenance and improvement projects. The city manager shall seek the recommendation of the PIAC members from the affected district prior to approval of any request to transfer funds under this subsection.

(Ord. No. 170919 , § 1, 1-18-17)