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Legislation #: 170383 Introduction Date: 5/18/2017
Type: Ordinance Effective Date: none
Sponsor: COUNCILMEMBER SHIELDS AND COUNCILMEMBER JUSTUS
Title: Authorizing an application to the Missouri Development Finance Board for the authorization of state tax credits in the amount not to exceed $4,000,000.00 to make possible the development of a YMCA in downtown Kansas City to be located at 1029 Central Street, Kansas City, Missouri, formerly the site of the Lyric Opera of Kansas City; and authorizing the City Manager to execute a tax credit agreement in the event that the application is approved.

Legislation History
DateMinutesDescription
5/18/2017 Filed by the Clerk's office
5/18/2017 Referred to Planning, Zoning & Economic Development Committee
5/24/2017 Hold On Agenda (6/7/2017)
6/7/2017 Advance and Do Pass, Debate
6/8/2017 Passed

View Attachments
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170383.pdf Authenticated 174K Authenticated
170383 Fact Sheet.pdf Fact Sheet 271K Fact Sheet

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ORDINANCE NO. 170383

 

Authorizing an application to the Missouri Development Finance Board for the authorization of state tax credits in the amount not to exceed $4,000,000.00 to make possible the development of a YMCA in downtown Kansas City to be located at 1029 Central Street, Kansas City, Missouri, formerly the site of the Lyric Opera of Kansas City; and authorizing the City Manager to execute a tax credit agreement in the event that the application is approved.

 

WHEREAS, the YMCA of Greater Kansas City mission includes the enrichment of the quality of family, spiritual, social, mental, and physical well-being of the residents of downtown Kansas City and Western Missouri; and

 

WHEREAS, for the purpose of expanding and improving the YMCA’s mission for Western Missouri, the YMCA desires to partner with the City of Kansas City and others for the purpose of developing a comprehensive health and youth development facility (“Community Health Initiative”) in the Lyric Opera House (“YMCA Lyric Project”); and

 

WHEREAS, the YMCA Lyric Project would be one of two YMCAs in the country selected as pilot programs for the Community Health Initiative, a community-based preventative health program focusing on access, treatment, and education for chronic diseases; and

 

WHEREAS, the YMCA’s approach to successful youth development fulfills children and teens’ innate need to be loved, spiritually grounded, educated, competent and healthy through regular programming to develop important cognitive, social-emotional and physical needs of the child; and

 

WHEREAS, the Community Health Initiative is vital to the continued development and economic success of Western Missouri; and

 

WHEREAS, the YMCA Lyric Project makes possible the successful application of new and different programs to promote the health and welfare of the citizens of Western Missouri; and

 

WHEREAS, the YMCA Lyric Project is a critical project to further the recovery and growth of downtown Kansas City; and

 

WHEREAS, the success of downtown Kansas City is a critical element of the economic growth of Western Missouri; and

 

WHEREAS, the Lyric Opera House of Kansas City is listed on the National Register of Historic Places and has remained vacant since 2011; and


 

WHEREAS, the YMCA Lyric Project will preserve the structure’s outer façade while modernizing and retrofitting the back-end of the building to build a YMCA; and

 

WHEREAS, the continued growth and redevelopment of downtown Kansas City and the surrounding neighborhoods will be enhanced by residents' access to such basic amenities as a primary health care facility and community gathering space; and

 

WHEREAS, the YMCA Lyric Project recently formed an electronic medical record database partnership with Athena Health and Cerner Corp. to develop and implement an outcome-driven medical treatment program for participants; and

 

WHEREAS, the city of Kansas City, and the nation as a whole, continue to have a rising rate of chronic diseases that will affect an estimated 157 million Americans and contributes to 75% of all health care costs; and

 

WHEREAS, the YMCA Lyric Project’s Community Health Initiative will serve as a primary health care clinic to work with Kansas Citians to address and manage their chronic diseases; and

 

WHEREAS, the City Council has committed $16.9 million generated by the 11th & Central Tax Increment Financing plan area to assist with the construction of the YMCA Lyric Project; and

 

WHEREAS, the Council desires to instruct the City Manager to file an application for contribution tax credits in the amount not to exceed $4,000,000.00 with the Missouri Development Finance Board for financing the YMCA Lyric Project through the State’s Tax Credit for Contribution Program; and

 

WHEREAS, the Council desires to authorize the City Manager to execute a tax credit agreement in connection with the issuance of state tax credits, in the event that the City’s application is approved; NOW, THEREFORE,

 

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY THAT:

 

Section 1. The Council expresses its intention to support the YMCA Lyric Project.

 

Section 2. The Council states that the YMCA Lyric Project will serve its mission to enrich the quality of family, spiritual, social, mental, and physical well-being of the residents of downtown Kansas City and surrounding neighborhoods in Western Missouri.

 

Section 3. The Council states that the YMCA Lyric Project will greatly benefit the residents of downtown Kansa City and the surrounding neighborhoods in Western


 

Missouri by preserving and enhancing the historic Lyric Opera House of Kansas City into a functional YMCA of Greater Kansas City.

 

Section 4. The Council states that the YMCA Lyric Project will greatly benefit the City and Western Missouri by housing the Comprehensive Health Initiative to serve as a community-based primary health care program focusing on access, treatment, and education for chronic diseases which, in turn, will improve access to healthcare and thereby decrease healthcare costs.

 

Section 5. The Council states that the YMCA Lyric Project will encourage Kansas City and Western Missouri’s youth to explore health care related careers.

 

Section 6. The Council instructs the City Manager to work with the YMCA on the preparation of an application to be filed with the Missouri Development Finance Board that, subject to receipt of contribution tax credits, makes possible the financial feasibility of the YMCA Lyric Project, together with its critical Comprehensive Health Initiative and youth development program.

 

Section 7. The Council then instructs the City Manager to file the completed application with the Missouri Development Finance Board in the amount of $4,000,000.00 for financing of the YMCA Lyric Project through the State Tax Credit for Contribution Program.

 

Section 8. The Council authorizes the City Manager to execute a tax credit agreement in connection with the issuance of state tax credits, in the event that the City’s application is approved. Such agreement is approved in such form as the City Manager shall determine to be appropriate for the purposes contemplated by this ordinance.

 

___________________________________________________

 

Approved as to form and legality:

 

 

________________________________

Brian T. Rabineau

Assistant City Attorney