4046L.01T 2000
To amend chapter 77, RSMo, relating to third class cities, by adding thereto one new section relating to capital improvement reserve funds in third class cities.
Section A. Chapter 77, RSMo, is amended by adding thereto one new section, to be known as section 77.670, to read as follows:
77.670. The governing body of any third class city with a population of more than four thousand but less than four
thousand five hundred inhabitants that is located in a county of the first classification with a population of more
than one hundred fifty thousand but less than one hundred seventy thousand inhabitants may establish, by
ordinance, reserve funds. In the ordinance establishing the reserve funds, the city may either earmark the funds for
a specific project, or for operations in general. The repeal or amendment of any such ordinance shall be approved
by the qualified voters of the city.
Missouri House of Representatives