That the council hereby authorizes and approves the exercise of all of the powers
delegable under the Real Property Tax Increment Allocation Redevelopment Act and in
particular the powers enumerated in RSMo § 99.820.1, which relate to specific plans,
projects or amendments, (except final approval of plans, projects and designation
of redevelopment areas, which is reserved to the council) by the commission comprised
of the city representatives and the county representatives, school district representatives,
and taxing districts representative within their specific jurisdictions. The council
hereby further authorizes and approves the exercise of all of the powers delegable
under the Real Property Tax Increment Allocation Redevelopment Act and in particular
the powers enumerated in RSMo § 99.820.1, which do not relate to specific plans and
projects (except final approval of plans, projects and designation of redevelopment
areas, which is reserved to the council) by the commission comprised as set forth
below in section 74-58 of this article. Notwithstanding anything to the contrary herein, any development
agreement, however denominated, or amendment thereto, executed by the commission comprised
of the city representatives and the county representatives, school district representatives,
and taxing districts representative within their specific jurisdictions after the
effective date of Committee Substitute for Ordinance No. 140823, shall contain therein
a provision allowing such commission to assign and the city to assume, at the city's
sole election, in whole or in such parts as the city shall elect, the rights, duties,
interests and obligations of the commission thereunder, and such commission shall
execute such documentation as may reasonably be required for such purposes. The failure
of any development agreement, however denominated, to incorporate the requirements
of this section shall not preclude any assignment or assumption as the requirements
of this section shall be deemed incorporated by operation of law and shall supplant
any provision to the contrary.
