Missouri Development Finance Board

200 Madison Street
Suite 1000
Jefferson City, MO 65101

Phone: (573)-751-8479
Fax: (573)-526-4418

Email: mdfb@ded.mo.gov
Website: http://www.mdfb.org/

Director: Bob Miserez

Details on Board or Commission

Authority: RSMo 100.265

Department: Economic Development

Mission: To assist infrastructure and economic development projects in Missouri by providing the critical component of the total financing for projects which have a high probability of success but are not feasible without the Board's assistance.

Function: The Missouri Development Finance Board administers a range of financing programs for Missouri business, local governments and state agencies; issues taxable or tax-exempt industrial revenue bonds or notes; provides market rate or low-interest loans and grants to political subdivisions to fund public infrastructure improvements.

SubCommittees: Personnel, Finance, Audit, Executive

Details on Meetings

Number of meetings: 12 meetings; committee meetings as needed

Location of meetings: Jefferson City (January-May); varying locations (June-December)

Duration of meetings: 1/2 day; planning meetings, 2 days

Preparation time for meetings: 1 to 2 hours

Total time commitment: 5 to 6 hours

Details on Members

Total members: 12

Appointed members: 8

Term length: 4 years

Compensation: Members receive reimbursement for realized and necessary expenses.

Member Requirements: 1 member must be the Director of the Department of Economic Development; 1 must be the Director of the Department of Agriculture; 1 must be the Director of the Department of Natural Resources; 1 must be the Lieutenant Governor; 8 must be appointed by the Governor

Political Requirements: yes, not more than 5 of the members appointed by the Governor may be members of the same political party

Geographic Requirements: yes, members must reside in Missouri at least 5 years preceding appointment

Senate Consent Required: Yes

Members

Director Chris Chinn
Department of Agriculture

Director Rob Dixon
Department of Economic and Community Development

Director Carol S. Comer
Department of Natural Resources

Mr. Cliff Holekamp(R)
Governor Appointed Member 1
Ladue
Term begins: Feb 19, 2019
Term expires: Sep 14, 2019

Mr. Rick Holton Jr.(R)
Governor Appointed Member 2
Term begins: Feb 19, 2019
Term expires: Sep 14, 2022

Mr. Kelley Martin(R)
Governor Appointed Member 3
Kansas City
Term begins: Sep 2, 2009
Term expires: Sep 14, 2012

Mrs. Marie Carmichael(D)
Governor Appointed Member 4
Springfield
Term begins: Feb 19, 2019
Term expires: Sep 14, 2020

Mr. Brad G Gregory(R)
Governor Appointed Member 5
Bolivar
Term begins: Feb 19, 2019
Term expires: Sep 14, 2019

Mr. John E. Mehner(R)
Governor Appointed Member 6
Cape Girardeau
Term begins: May 5, 2016
Term expires: Sep 14, 2019

Mr. Matthew L Dameron(D)
Governor Appointed Member 7
Kansas City
Term begins: May 5, 2016
Term expires: Sep 14, 2019

Mr. Reuben Shelton(D)
Governor Appointed Member 8
St. Louis
Term begins: Dec 15, 2010
Term expires: Sep 14, 2014

Lt. Governor Michael Kehoe
Lt. Governor