SB1201 - Missouri - SB1201 - Modifies several provisions relating to transportation development districts

SB 1201 - This act modifies several provisions relating to transportation development districts. This act makes it explicit that transportation development districts shall provide an annual budget (Section 67.010). This act makes it explicit that the board of directors of a transportation development district must prepare an annual financial report that is required by other governing boards of political subdivisions (Section 105.145). This act redefines the term "project" as used in the Missouri Transportation Development District Act. Under this act, the term "project" shall not include terrace walls, berms, landscaping, parking lots, parking lot lights, awnings, canopies, marquees, building facades, storefront improvements, or other types of internal development improvements which inure to the benefit of a private commercial developer or group of developers rather than promoting the general transportation infrastructure improvements related to the interests of the public at [...]

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