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~ROM:OMNI~AX TO: J14 86~ 91~6 SAN 19~ 1996 l:11PM ~999 P.0] ~NTRODUCED BY COU~CILMEMBER SCHOOMER BILL NO. 8267 ORDINANCE NO. 6050 AN ORDINANCE ESTABLISHING THE PARKVIEW GARDENS SPECIAL BUSINESS DISTRICT; SUBJECTING REAL PROPERTY LOCATED IN THE PARKVIEW GARDENS SPECIAL BUSINESS DISTRICT TO AN INITIAL RATE OF LEVY, SUBJECT TO VOTER APPROVAL; SPECIFYING THE USES TO WHICH THE ADDITIONAL REVENUE SHALL BE PUT; CREATING AN ADVISORY COMMISSION AND RNUMERATING THE DUTIES AND RESPONSIBILITIES OF SAID COMMISSION; CALLING FOR AN ELECTION TO SUBMIT THE QUESTION OF THE TAX LEVY TO BE IMPOSED TO T~E QUALIFIED VOTERS OF THE PARKVIEW GARDENS SPECIAL BUSINESS DIBTRICT; AUTHORIZING THE CITY MANAGER TO TAKE_~]~cH FURTHER ACTIONS AS ARE NECESSARY OR CONVENIENT TO EFFECTUATE THE TNTENT OF THIS ORDINANCE; AND CONTAINING A SEVERABILITY CLAUS~ WHEREAS, the City of University City (the "City") has received a petition pursuant to sections 71.790 through 71.808 of Missouri Revised Statutes 1994, as amended (the "Special Business District Act") to establish a Parkview Gardens Special Business District which was submitted by owners of real property on which is paid the ad valorem real property taxes within the proposed district; and WHEREAS, the City conducted a survey and investigation for the purposes of determining the nature of and suitable location for business district improvements, the approximate cost of acquiring and improving the land therefor, the area to be included in the proposed district, the need for and cost of special services, and cooperative promotion activities, and the percentage of the cost of acquisition, special services, and improvements within the business district and that part of the cost, if any, to be paid by public funds (the "Survey and Investigation") and filed a written report of the Survey and Investigation Jn the office of the City Clerk; and WHEREAM, cn January 9, 1996 the City Council, by Resolution J~- __, adopted a Resolution of Intent to Establish a Parkview Gardens Special Business District having a boundary as described in the Survey and Investigation (the District") and on January 22, 1996 held a public hearing duly noticed by publication and mailing to consider the establishment of the District (the "Hearing") and heard and ruled on all protests and received evidence for or against the proposed action; and WHEREAS, following the Hearing, the City Council wishes to establish the District in accordance with the requirements of the Special Busines, District Act; STL-38?Z66