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West Overland Ems & Fire Protection District- City
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June 23, 2022

West Overland EMS & Fire Protection District SB 870 Resolution #2022-02 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE WEST OVERLAND EMS & FIRE PROTECTION DISTRICT OF ST. LOUIS COUNTY, MISSOURI, AS FOLLOWS: Whereas, pursuant to RSMo 99.848 (2018), 100.50 (2018) and 353110 (2018) the 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 St. Louis County. Whereas, annually, the District is required to notify St. Louis County Collector of Revenue and St. Louis County Assessor of said reimbursement rate, prior to the time the assessment is determined by the Assessor of the county (i.e., July). 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 an 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 rimbursement 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 property tax revenues that the District would have received in the absence of 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 6th DAY OF JUNE 2022. WEST OVERLAND EMS & FIRE PROTECTION DISTRICT BOARD OF DIRECTORS. 12131127 County Jun. 23, 2022

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