HB 651 -- Neighborhood Improvement Districts

Sponsor:  Schaaf

Current law requires any proposed neighborhood improvement
district to disclose the proposed method of real property
assessment within the district and how the maintenance costs for
the improvement will be assessed and paid for after any bonds
levied are paid in full.

This bill requires that, for the life of the improvement, the
method for paying the maintenance costs of the improvement be
disclosed, regardless of whether or not any bonds levied have
been paid in full.

Missouri House of Representatives
Last Updated July 25, 2003 at 10:12 am