Location and Size
The District is located in
western St. Louis County, approximately 19 miles northwest of the
City of St. Louis and approximately 5 miles west of Lambert-St. Louis
International Airport. The District is situated wholly within St.
Louis County, Missouri and is bounded on the west by the Missouri
River, to the south by Interstate Highway 70, to the north by Norfork
Southern Company's rail embankment and to the east by the bluffs
along the Missouri River flood plain.
The District contains, 1,891 acres of which 1,107
acres (58%) are located in unincorporated St. Louis County and the
remaining 784 acres (42%) are within the City of Bridgeton, Missouri.
Day-to-Day Management
The District has contracted with A.M.C.I., Inc.,
St. Louis, Missouri, to handle the day-to-day management activities
of the District, including the operations, maintenance and repair
of the District's flood control system.
Established in 1989, A.M.C.I., operates as a commercial
real estate management company and consultant. The District engaged
A.M.C.I., Inc., in January, 2002.
A.M.C.I., Inc., has engaged John R. Basilico as
an independent special consultant to assist A.M.C.I., in its management
activities. During the period of June, 1980 through December, 2001,
Mr. Basilico was responsible for the day-to-day management of the
flood control system protecting the 1,891-acre District.
Engineering Services
The District has engaged two (2) highly qualified
St. Louis engineering firms to assist in the day-to-day activities
of the District. Both firms have been involved in various aspects
of the District's flood control system since development of the system
began in September, 1971:
Horner & Shifrin, Inc.: Established
in 1933, Horner & Shifrin designed almost all of the District's
flood control system, including the 2.6 mile, 500-year earthen levee
and pump station. They have been engaged in numerous other flood
protection, levee, lock and dam projects for the U.S. Army Corps
of Engineers, other levee Districts and others. Today, Horner & Shifrin,
Inc. reviews civil plans for all new construction in the District
for compliance with the District's storm water handling standards.
They are also engaged for special District projects.
Reitz & Jens, Inc.: Established in 1963, Reitz
& Jens, was engaged by St. Louis County to monitor the early development
of the flood control system. Later, Reitz and Jens designed and
monitored the installation of most of the District's 83 relief
wells. Today, they continue to test and monitor all of the District's
relief wells and the underseepage berms. Reitz & Jens conducts
annual inspections of the District's levee system.
Development within the District is commercial in
nature consisting primarily of industrial and distribution style
buildings, service centers, office buildings, hotels along with some
service related retail and specialty facilities. The District has
no residential buildings or residential population.
For administrative purposes only, the 1,891 acre
district is divided into four areas.
As of January 1, 2006, the key demographics
of the District were as follows:
| |
|
|
|
Area |
Acres |
Buildings |
Approx
Sq. Ft. |
| Earth City Business Park |
1,106 |
164 |
12,167,800 |
| Corporate Exchange
Business park |
45 |
6 |
310,600 |
| Corporate Woods Business Park |
402 |
20 |
3,101,900 |
| Rock and Northwest Industrial Park |
338 |
47 |
2,589,400 |
| Total |
1,891 |
237 |
18,169,700 |
| |
|
Description |
Number |
| District Businesses |
450 |
| District Employees |
22,800 |
| Office Buildings |
15 |
| Hotels |
5 |
| Restaurants |
6 |
| Percentage of 1,891 acres developed |
96% |
| Estimated Market Value of Real Estate
Properties |
$1.2 Billion |
Financial Information
The District's fiscal year is July 1 through June
30. However, for budgeting purposes, the District operates on a calendar
year basis.
The District has engaged a St. Louis certified
public accounting firm to audit the District's financial records
and to issue an audited financial report on a fiscal year basis.
The firm also prepares budget reports.
The District is exempt from Federal and Missouri
income taxes.
Improvement Bonds
On December 27, 1997, the District sold $2,435,000
of tax-exempt, 10-years series bonds with a blended interest rate
over the 10-year period of slightly above 5%. An annual principal
payment and semi-annual interest payments are required. The final
payment on the bonds was made on March, 2007 -- one year earlier than scheduled. Currently, the District has no debt.
Annual Taxes
Except for nominal interest earned on District
bank accounts, the annual taxes of all landowners are the sole source
of District revenue for operations and debt service. As noted above, currently the District has no debt.
Currently, the District levies a maintenance tax (e.g. operations budget).
The Board of Supervisors in August each year sets
the tax levies for each landowner in the District. This action determines
the taxes for each landowner in the District. The St. Louis County
Collector of Revenue prepares and mails the tax bills, usually by
October 31, to each landowner in the District. The County Collector
collects all taxes and transfers the revenue to the District.
Taxes are due by December 31 and become delinquent
if not paid to the County Collector by that time. All property on
which delinquent taxes are due are charged a penalty of 1% per month.
Until paid, all levee taxes and penalties constitute
a lien upon the property.
The District's tax rates per $100 of assesed benefits
since 1995 are:
| |
|
|
|
Tax Year |
Maintenance |
Installment |
Total |
1995 |
$1.07 |
$ NA |
$1.07 |
1996 |
0.83 |
0.83 |
1.66 |
1997 |
0.68 |
0.625 |
1.315 |
1998 |
0.68 |
0.50 |
1.118 |
1999 |
0.75 |
0.25 |
1.00 |
2000 |
0.80 |
0.20 |
1.00 |
2001 |
0.65 |
0.25 |
0.90 |
2002 |
0.65 |
0.25 |
0.90 |
2003 |
0.60 |
0.25 |
0.85 |
2004 |
0.52 |
0.25 |
0.77 |
2005 |
0.52 |
0.25 |
0.77 |
2006 |
0.52 |
0.25 |
0.77 |
2007 |
0.58 |
- |
0.58 |
2008 |
0.51 |
- |
0.51 |
Tax Basics
Six times since the District's organization in
January, 1994, the Circuit Court of St. Louis County has approved
a reassessment of benefits affecting all landowners in the District.
Each time, the Court appointed three independent
commissioners to: (1) determine the fair market value of each District
property, and (2) determine the benefit each District property receives
from being protected by the District's flood control system, stated
as a percentage of the fair market value assigned by the commissioners.
Historically, the commissioners have set the assessed
benefit at either 10% or 8.5% of the fair market value for over 95%
of the District's properties. A much smaller percentage
has been applied to the 5% balance of the District's properties.
Assuming a $1,000,000 property valuation, and using a 10% assigned
benefit percentage, the assigned benefit amount is $100,000.
Once an assessed benefit figure is determined,
it will not change until such time as District petitions the Court
for another District-wide reassessment of benefits.
The District is required to notify all District
landowners by certified mail of a reassessment of benefits. After
the commissioners have completed the reassessment process and filed
their report with the Court, all landowners are again notified by
certified mail of the report filing and any landowner has 10 days
to review the report at the Court's office and they may file an objection
with the Court if they disagree with the commissioners' finding for
their property.
The District's assessed benefits total for all
District properties for the past six (6) commissioners' reports
follows:
| |
|
Report Year |
Total Benefits |
1995 |
$38,511,707 |
1997 |
$51,226,424 |
1999 |
$75,938,355 |
2001 |
$90,071,454 |
2004 |
$99,559,455 |
2007 |
$117,237,848 |
At its August meeting each year, the Board of Supervisors
approve the District's operations and debt service budgets for the
next calendar year. As a result of this action, and using the District's
current assessed benefits total, the Board of Supervisors sets the
tax rate for the operations and debt service budgets.
Board of Supervisors Meetings
Board of Supervisors meetings are held four times
a year; February, April, August and December. All meetings are open
to the public and public attendance is encouraged.
The Board may meet at other times as necessary
to consider special matters of interest to the District.
April, August and December Meetings.
Place: Administrative offices
of the Pattonville Bridgeton-Terrance Fire Protection District located
in the District at 13900 St. Charles Rock Road, Bridgeton, MO 63045.
Time: 7:30 a.m.
to 9:00 a.m.
Date: Set about three weeks prior to meeting date.
February Meeting
This meeting is held in conjunction with the annual
meeting of the property owners. The meeting starts about 15 minutes
after the conclusion of the annual meeting. Refer to annual meeting
of property owners.
Annual Meeting of Property Owners and Election
of Supervisor
In accordance with State Statutes, the Board of
Supervisors schedule an annual meeting of property owners in the
District in February each year to review District business and to
elect a Supervisor to the five-year term expiring that year.
Place: Administrative offices
of the St. Louis Auto Auction located in the District at 13813 St.
Charles Rock Road, Bridgeton, MO 63044.
Time: 4:00 p.m. to 5:00 p.m.
Date: Set about six weeks prior to meeting date.
The meeting historically is held during the last week of February.
A notice for the meeting is mailed to each landowner
in the District three weeks in advance of the date of the annual
meeting. The notice will include a voting proxy form and a sample
ballot.
The following are
the rules and procedures for the election of a Supervisor:
1. Voting by acreage - Each
landowner is entitled to cast one vote for each whole acre of land
owned in the District.
2. Voter Qualifications - A landowner
may be a single individual, multiple individuals, a partnership,
a trust or a corporation. In the case of individuals, all persons
must be present to cast a valid vote. A partnership may vote through
a managing or general partner. A trust must vote through a majority
of it's Trustees. A corporation may vote through and authorized
officer or proxy.
3. Use of Proxy - Landowners may
authorize another person to vote on their behalf by using a proxy
provided by the Board of Supervisors with the Notice of the annual
meeting mailed to each landowner in advance of the annual meeting.
4. Voting - All ballots and proxies
must be voted at the annual meeting. Voting by mail is not permitted.
Duties of a Supervisor and Qualifications to Serve
Duties of Supervisor - The five
member Board of Supervisors is responsible for the operations, maintenance
and repair of the flood control system which protects the 1,891 acre
District. Each Supervisor serves a five-year term and receives no
compensation for their services.
Qualifications to serve as
a Supervisor - A Supervisor
must be a landowner or a designated representative of a landowner.
An individual owner or Trustee is considered to be a landowner for
voting purposes. If a property is owned by a corporation, partnership,
joint venture or any other form of ownership other than individual
ownership the property owner may delegate to an individual the authority
to serve on the Board of Supervisors if elected. Please contact the
District's office prior to the annual meeting for additional information
regarding such a delegation.
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