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<br />INTRODUCED BY: Mr. Glickert <br /> <br />DATE: August 6,2007 <br /> <br />BILL NO.:8949 <br /> <br />ORDINANCE NO.: 6705 <br /> <br />AN ORDINANCE APPROVING THE PETITION OF THE <br />CLEMENS GROUP, LLC AS OWNER OF CERTAIN REAL <br />PROPERTY, TO ESTABLISH A COMMUNITY IMPROVEMENT <br />DISTRICT, ESTABLISHING THE CATES AVENUE <br />COMMUNITY IMPROVEMENT DISTRICT, FINDING A PUBLIC <br />PURPOSE FOR THE ESTABLISHMENT OF THE CATES <br />AVENUE COMMUNITY IMPROVEMENT DISTRICT, AND <br />CONT AINING A SEVERABILITY CLAUSE. <br /> <br />WHEREAS, Mo. Rev. Stat. 967.1400 et seq. (the "Cid Act") authorized the <br /> <br />City Council to approve the petitions of property owners to establish a Community <br /> <br />Improvement District; and <br /> <br />WHEREAS, a petition (the "Petition") signed by an authorized representative <br /> <br />of the owner of all property located within the Cates Avenue Community Improvement <br /> <br />District has been filed with the City, requesting the establishment of the Cates Avenue <br /> <br />Community Improvement District; and <br /> <br />WHEREAS, the Clerk of the City of University City did review and determine <br /> <br />that the Petition substantially complies with the requirements of the cm Act; and <br /> <br />WHEREAS, a public hearing, duly noticed and conducted as required by and in <br /> <br />accordance with the CID Act was held at City Hall on August 6, 2007 by the City <br /> <br />Council; and <br /> <br />WHEREAS, this City Council hereby finds that the adoption of this ordinance <br /> <br />is in the best interest of the City of University City and that the property owners of the <br /> <br />Cates Avenue Community Improvement District, as well as the City as a whole, will <br /> <br />benefit from the establishment of the Cates Avenue Community Improvement District. <br />