{"data":{"id":"us-mo/mo.-rev.-stat.-99.1006","jurisdiction":"us-mo","citation":"Mo. Rev. Stat. § 99.1006","heading":"Rural economic stimulus authority authorized, limitations.","body":"Each municipality may create an authority to be known as a \"Rural Economic Stimulus Authority\"; provided, however:\n(1) No such authority shall transact any business or exercise its powers pursuant to sections 99.1000 to 99.1060 until and unless the governing body of such municipality shall, in accordance with subsection 1 of section 99.1033, approve, by ordinance, the exercise of the powers, functions, and duties of an authority under sections 99.1000 to 99.1060;\n(2) No governing body of a municipality shall adopt an ordinance pursuant to subdivision (1) of this section unless it finds:\n(a) That it would be in the interest of the public to consider the establishment of a development area in accordance with sections 99.1000 to 99.1060; and\n(b) That the development of such a development area would be in the interest of the public health, safety, morals, or welfare of the residents of such municipality.","path":["Title VII - CITIES, TOWNS AND VILLAGES","Chapter 99 - Municipal Housing"],"source_url":"https://revisor.mo.gov/main/OneSection.aspx?section=99.1006","current_through":"2026 legislative session (floor)","vintage":"","retrieved_at":"2026-09-03T22:23:25Z","sha256":"dfecd18a09a5fe79dc3229f6ecbfffcff6f77efd7ebb2581d709fd41b3d99600","source_id":"us-mo","stale":false,"prev":"us-mo/mo.-rev.-stat.-99.1000","next":"us-mo/mo.-rev.-stat.-99.1009"},"notice":"GroundRules: Original legal text. Not legal advice."}