SCS/HB 133 - This act creates the Contiguous Property Redevelopment Fund within the Department of Economic Development. The fund will be used for grants to the City of St. Louis, St. Louis County, Greene County, Kansas City, and Jackson County for acquiring and redeveloping contiguous properties within the areas. The Department may promulgate rules for the administration of the program, including the form used to apply for the grants. The Department is to give preference to those projects proposing the assembly of a greater number of acres than other projects and those projects for which a private interest in the usage of the property exists, once redevelopment of the property is completed.

This portion of the act expires on August 28, 2006 and is similar to HCS/HB 293 (2001).

This act allows local housing corporations or neighborhood associations to petition and apply for the appointment of a receiver to perform an abatement of a dwelling or building that constitutes a threat to the public health, safety, or welfare. The party must allege the nature of the threat in the petition. This act authorizes the court to appoint a local neighborhood association as a receiver, as long as no local housing corporation exists for that area. Current law permits a local housing corporation, licensed attorney, real estate broker, or other qualified person to be appointed as a receiver. The act gives the neighborhood association the right of first refusal to serve as receiver as long as no local housing corporation exists for that area and if all lienholders refuse to serve as receiver or there are no lienholders of record.

This portion of the act is similar to Introduced HB 133 (2001).

This act also allows the demolition and reconstruction of buildings or structures which are not the object of remediation to count as allowable costs under the Brownfield Remediation Tax Credit Program if:

(1) The buildings or structures are located on an abandoned or underutilized property which is approved for financial assistance through the program; and

(2) The demolition is part of a redevelopment plan approved by the Director of the Department of Economic Development and by the local government with jurisdiction in the area in which the project is located.

The act also allows properties immediately adjacent to any abandoned or underutilized property to qualify as an "eligible project" under the Brownfield Remediation Program if the abandoned or underutilized property meets program requirements.

This portion of the act is similar to HB 387 (2001).
JULIA SOMMER GRUS