Land Use & Zoning
Missouri's 'Chapter 99' (Urban Redevelopment Corporations) and 'Chapter 100' (Industrial Development) both use tax incentives to:
AFund public schools
BAttract private investment to designated areas through property tax abatement and other incentives✓ Correct
CFund MREC operations
DReduce residential property taxes uniformly
Explanation
Missouri Chapters 99 and 100 provide property tax incentives to encourage private investment in urban redevelopment and industrial development. These tools help attract businesses and development to Missouri communities.
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