Missouri § 99.1006 Rural economic stimulus authority authorized, limitations.

Missouri Statutes

§ 99.1006 — Rural economic stimulus authority authorized, limitations.

Missouri § 99.1006

Title VIICITIES, TOWNS AND VILLAGES

Ch. 99Municipal Housing

This text of Missouri § 99.1006 (Rural economic stimulus authority authorized, limitations.) is published on Counsel Stack Legal Research, covering Missouri primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mo. Rev. Stat. § 99.1006 (2026).

Text

Each municipality may create an authority to be known as a "Rural Economic Stimulus Authority"; provided, however:

(1)No such authority shall transact any business or exercise its powers pursuant to sections 99.1000 to 99.1060 until and unless the governing body of such municipality shall, in accordance with subsection 1 of section 99.1033 , approve, by ordinance, the exercise of the powers, functions, and duties of an authority under sections 99.1000 to 99.1060 ;

(2)No governing body of a municipality shall adopt an ordinance pursuant to subdivision (1) of this section unless it finds:

(a)That it would be in the interest of the public to consider the establishment of a development area in accordance with sections 99.1000 to 99.1060 ; and

(b)That the development of such a devel

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Each municipality may create an authority to be known as a "Rural Economic Stimulus Authority"; provided, however:

(1) No such authority shall transact any business or exercise its powers pursuant to sections 99.1000 to 99.1060 until and unless the governing body of such municipality shall, in accordance with subsection 1 of section 99.1033 , approve, by ordinance, the exercise of the powers, functions, and duties of an authority under sections 99.1000 to 99.1060 ;

(2) No governing body of a municipality shall adopt an ordinance pursuant to subdivision (1) of this section unless it finds:

(a) That it would be in the interest of the public to consider the establishment of a development area in accordance with sections 99.1000 to 99.1060 ; and

(b) That the development of such a development area would be in the interest of the public health, safety, morals, or welfare of the residents of such municipality.