2.  Any city, town, or county may establish a redevelopment commission which will have jurisdiction over the Special Taxing District created within the boundaries of the unit.  The redevelopment commission may enter into a contractual relationship with any city or town within Clay County to act as the redevelopment commission for that entity.

3.  Planning and development of blighted areas.  Clearing, re-planning, and development of blighted areas.  To serve as the single point of contact for county economic development prospects.  To serve as the agents, as directed, of the Clay County Board of Commissioners and Clay County Council.

4.  Commissioners must be at least 18 years of age and reside in the county.  No commissioners may have a financial interest in any matters dealt with by the commission.  The commission is made up of five commissioners appointed by the County Board of Commissioners.

5.  Mr. Thomas Ames, President  Mr. William Sisson, Vice-President  Ms. Jan Howell, Secretary  Mr. John Williams, Member  Mr. Glen Morrow, Member

6.  Declaration of eminent domain in blighted areas.  Levying of taxes in the Special Taxing District or any section within the District.  Declaration of eminent domain in blighted areas.  The power of eminent domain may only be used for redevelopment projects.

7.  Designation of blighted areas or economic development areas and designation of all or part of these areas as tax allocation areas.  Acquisition by purchase, exchange, gift, grant, condemnation, or lease, personal or real property for the redevelopment of blighted areas.

8.  Preparation of redevelopment and economic redevelopment plans.

9.  Issuance of Special Taxing District Bonds payable from taxes, TIF, project revenue, and other available sources or combination thereof.

10.  Can enter into lease financing arrangements to lease projects that can be funded or financed through TIF revenue.  Can sell, lease, or grant interests in real property acquired for redevelopment purposes to any governmental agencies.

11.  Can repair, maintain, remodel, rebuild, or make major structural improvements on structures acquired for redevelopment purposes.

12.  Can contract for construction of:  Local public improvements.  Structures necessary to support redevelopment or economic development areas.  Any structure that enhances economic development efforts.

13.  Can accept grants or loans or other forms of financial assistance from any source.  Can enter into developer agreements and taxpayer agreements in an allocation area.  Enter into a contractual agreement to act as redevelopment commission on behalf of any incorporated city or town within the county.

14.  Inquiries for the Clay County Redevelopment Commission can be directed to it’s technical consultant: Mr. Jim Coffenberry Economic Development Specialist 812-238-1561 jamescoffenberry@msn.com