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Title VII CITIES, TOWNS AND VILLAGES

  Chapter 92back to chapter 92

  92.916.  Duties of collector — compensation (St. Louis City). — 1.  Before any distribution provided for in section 92.915 may be made, the collector shall review the books of the land reutilization authority for purposes of certifying the following:

  (1)  That the expenses and costs reflected on the books have been properly allocated to each property which has been sold and the expenses and costs provided for in subdivision (1) of subsection 2 of section 92.915 are reasonably related to the management and operation of the land reutilization authority;

  (2)  That the proposed distribution accurately reflects the amounts shown on the books of the collector for penalties, attorneys' fees or costs which were included in the judgment against such parcel of real estate, plus its proportional part of the costs of the sheriff's foreclosure sale.

  2.  After such certification, the land reutilization authority shall transfer to the collector that part of distributed proceeds provided for the payment of those costs described in subsection 2 of section 92.915, upon receipt of which he shall immediately pay thereon.

  3.  The balance of the proposed distribution shall also be paid to the collector, who in accord with the provisions of subdivision (3) of subsection 2 of section 92.915, shall determine the interests of the respective taxing authorities for the various tax years included in the original judgment for each parcel of real property and shall establish the proportionate share of each taxing authority based upon its tax rate for the various years.  The collector shall thereupon submit in writing to each taxing authority his determination as to their respective interests in the proposed distribution.  If no objection is made within ten days thereafter, the collector shall forthwith make such distribution.

  4.  As additional compensation for the duties herein prescribed, the collector shall receive annually the sum of five thousand dollars.

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(L. 1979 S.B. 385)


< end of effective 28 Aug 1979 >

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