Specifies that certain residency requirements of a city of the fourth classification may be satisfied by certain conditions

HB 73 modifies residency requirements for appointed members of boards in Missouri's smallest cities (fourth-class cities with under 3,000 residents). For most boards, owning property or a business in the city satisfies residency rules, instead of requiring the person to live there. For utility boards managing city utilities, additional conditions apply: the appointee must live within five miles, own property/business in the city, be a utility customer, and have no financial ties to competing services. This bill directly affects city mayors and boards in small communities when filling these positions.