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Northeast Ambulance and Fire Protection District- County
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Event Date

June 30, 2020

SB 870 RESOLUTION #195 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE NORTHEAST AMBULANCE & FIRE PROTECTION DISTRICT OF ST. LOUIS COUNTY, MISSOURI, AS FOLLOWS: Whereas, pursuant to RSMo 99.848 (2018), 100.50 (2018) and 353.110 (2018) the Northeast Ambulance & Fire Protection District ("District") must annually set the reimbursement rate provided in RSMo 99.848.2 (2018), 100.050.4 (2018) and 353.110.4 (2018), prior to the time the assessment is determined by the St. Louis County. Whereas, annually, the District is required to notify the St. Louis County Collector of Revenue and the St. Louis County Assessor of said reimbursemnt rate, prior to July 1. As such, pursuant to Senate Bill 870 enacted into law by the 99th General Assembly of the Missouri Legislature and signed by the Governor, the District sets annual reimbursement rate for financing pursuant to Chapter 99 RSMo, Chapter 100 RSMo and Chapter 353 RSMo. The reimbursement rate for the District shall be 100%. Hence, beginning August 28, 2018 and thereafter, the District shall be entitled to reimbursement from the special allocation funds as defined in Chapter 99 RSMo in the amount of 100% of the District's tax. This applies to all tax increment financing (TIF) projects approved after August 28, 2004. Moreover, the District shall be reimbursed an amount of 100% of the ad valorem real, personal, and other tangible propety tax revenues that the District would have received in the absence of a tax abatement under Chapter 100 RSMo and Chapter 353 RSMo. These reimbursements are applicable to all tax increment financing, tax abatements and special allocation funds financing or amendments filed after August 28, 2018. THIS RESOLUTION UNANIMOUSLY ADOPTED THIS 5TH DAY OF MAY 2020. NORTHEAST AMBULANCE & FIRE PROTECTION DISTRICT BOARD OF DIRECTORS 11896763 County June 30, 2020

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