Learn about tools available to local governments in Missouri to incentivize and/or facilitate redevelopment activity. You will also be able to understand blight designations and how city staff evaluate and determine whether a project should receive assistance via tax abatement.
CM 5.25 credits approved for AICP certification maintenance.
Workshop Agenda:
Breakfast (included) & Registration: 8:00 - 8:30 am
The Toolbox!
Missouri State law gives local governments powers to incentivize/facilitate redevelopment activity with many different tools. In this session, we’ll describe each tool and provide examples of how they can be used. We will discuss: Tax Increment Financing, the Chapter 353 Urban Redevelopment Corporations Law, the Community Improvement District Act, and the Transportation Development District Act.
Lunch (included in registration): 12:30 – 1:15 p.m.
Blight! 1:20 – 2:15 pm
Almost of the tools described in the morning sessions require a special designation as a “blighted area” or a “conservation area” in order for them to be put to use. In this session, we will discuss the definitions of “blighted area,” the factors considered and how potential redevelopment areas are reviewed in the course of making a determination whether a particular area qualifies as a “blighted area.” We will review case studies to illustrate blight findings and considerations.
City of Springfield: 2:15 to 3:15 pm
The City of Springfield regularly receives applications for tax abatement from developers, which the City grants through its LCRA (Land Clearance for Redevelopment Authority). Hear from City staff how they evaluate such solicitations and determine whether a project should receive assistance via tax abatement.