Summary of the Truly Agreed Version of the Bill

SB 156 -- PORT AUTHORITIES

This bill expands the purposes of port authorities in Missouri to
include the promotion of development within the port district and
expands their powers to include the ability to redevelop land and
conduct land reclamation and resource recovery with respect to
unimproved land, residential developments, commercial
developments, and mixed-use developments.

Currently, port authorities may operate recreational facilities,
industrial parks, terminals, and warehouses for five years if no
private operators are available to do so.  After five years, the
authority must request competitive bids from private operators.
This provision is removed and instead authorizes port authorities
to enter into agreements with private operators or public
entities for the joint development of property within the port
district.

Copyright (c) Missouri House of Representatives

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Missouri House of Representatives
93rd General Assembly, 1st Regular Session
Last Updated August 25, 2005 at 1:21 pm