Effective - 28 Aug 2003
100.010. Definitions. — As used in sections 100.010 to 100.200, unless the context clearly indicates otherwise, the following words and terms have the following meanings:
(1) "Division", an appropriate division of the department of economic development of the state of Missouri, or any agency which succeeded to the functions of the division of commerce and industrial development;
(2) "Facility", an industrial plant purchased, constructed, extended or improved pursuant to sections 100.010 to 100.200, including the real estate, buildings, fixtures and machinery;
(3) "Governing body", bodies and boards, by whatever names they may be known, charged with the governing of a municipality as herein defined;
(4) "Municipality", any county, city, incorporated town or village of the state;
(5) "Office industry", a regional, national or international headquarters, a telecommunications operation, a computer operation, an insurance company or a credit card billing and processing center;
(6) "Project for industrial development" or "project", the purchase, construction, extension and improvement of warehouses, distribution facilities, research and development facilities, office industries, agricultural processing industries, service facilities which provide interstate commerce, and industrial plants, including the real estate either within or without the limits of such municipalities, buildings, fixtures, and machinery; except that any project of a municipality having fewer than eight hundred inhabitants shall be located wholly within the limits of the municipality;
(7) "Revenue bonds", bonds, loans, debentures, notes, special certificates, or other evidences of indebtedness issued by a municipality and secured by revenues of a project for industrial development.
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(L. 1961 p. 189 § 1, A.L. 1963 p. 124 § 71.790, A.L. 1976 H.B. 1359, A.L. 1992 H.B. 1380, A.L. 1998 H.B. 1656, A.L. 2003 H.B. 289)
(1968) A commercial laundry is not an "industrial plant" and attempt by city to sell revenue bonds for "project for industrial development" for the laundry was an abuse of discretion. State v. Donnell (Mo.), 426 S.W.2d 11.