any city, town, or county may establish a redevelopment commission which will have jurisdiction over...

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.

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.

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.

Mr. Thomas Ames, President

Mr. William Sisson, Vice-President

Ms. Jan Howell, Secretary

Mr. John Williams, Member

Mr. Glen Morrow, Member

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.

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.

Preparation of redevelopment and economic redevelopment plans.

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

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.

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

Can contract for construction of: Local public improvements. Structures necessary to support

redevelopment or economic development areas.

Any structure that enhances economic development efforts.

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.

Inquiries for the Clay County Redevelopment Commission can be directed to it’s technical consultant:

Mr. Jim Coffenberry

Economic Development Specialist812-238-1561

jamescoffenberry@msn.com