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Legislation #: 920487 Introduction Date: 5/7/1992
Type: Ordinance Effective Date: 5/31/1992
Sponsor: None
Title: Approving the Third Amendment to the Development Plan submitted by T.C. Redevelopment Corporation for the Property Company of America Redevelopment Project and authorizing the Director of Finance to enter into a Third Supplementary Contract with T.C. Redevelopment Corporation.

Legislation History
DateMinutesDescription
5/7/1992

Prepare to Introduce

5/7/1992

Referred Plans And Zoning Committee

5/13/1992

Do Pass

5/14/1992

Assigned to Third Read Calendar

5/21/1992

Passed


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ORDINANCE NO. 920487

 

Approving the Third Amendment to the Development Plan submitted by T.C. Redevelopment Corporation for the Property Company of America Redevelopment Project and authorizing the Director of Finance to enter into a Third Supplementary Contract with T.C. Redevelopment Corporation.

 

WHEREAS, Property Company of America Redevelopment Corporation, an urban redevelopment corporation of Missouri, organized under and pursuant to the Urban Redevelopment Corporations Act of 1945, as amended, did on May 18, 1984, file with the City Clerk an application for approval of Development Plan which was approved by Ordinance No. 57079, passed November 1, 1984; and

 

WHEREAS, Property Company of America Redevelopment Corporation did file a First Amendment to its Development Plan and said amendment was approved by Ordinance No. 60830, passed May 22, 1987; and

 

WHEREAS, Property Company of America Redevelopment Corporation did assign its rights to T.C. Redevelopment Corporation which was approved by the City Council on September 14, 1989, by Ordinance No. 64583; and

 

WHEREAS, T.C. Redevelopment Corporation did file a Second Amendment to the Development Plan which was approved by Ordinance No. 911149, passed September 26, 1991; and

 

WHEREAS, T.C. Redevelopment Corporation did file with the City Clerk an application for a Third Amendment for said Development Plan; and

 

WHEREAS, legal notice of a public hearing on the proposed Third Amendment to the Development Plan was published on March 2, 1992; and

 

WHEREAS, pursuant to said public notice, a public hearing was held by the City Plan Commission on March 17, 1992; and

 

WHEREAS, the City Plan Commission has made an independent study and investigation of the proposed Third Amendment to the Development Plan and did recommend approval of said Third Amendment to the Development Plan and said City Plan Commission has filed with the City Clerk a report recommending approval of said proposed amendment to the Development Plan, said report being attached hereto as Exhibit "A", and incorporated herein by reference; NOW, THEREFORE,

 

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That the application for approval of a Third Amendment to the Development Plan by T.C. Redevelopment Corporation for the Property Company of America Redevelopment Project, a copy of which amendment is incorporated herein by reference, is approved as a Third Amendment to the Development Plan as originally approved by Ordinance No. 57079, passed November 1, 1984, and as amended by Ordinance No. 60830, passed May 22, 1987, and as further amended by Ordinance No. 911149, passed September 26, 1991.

 

Section 2. That the Council hereby finds and declares that good cause has been shown for approval of said Third Amendment to the Development Plan as requested by T.C. Redevelopment Corporation and that the findings and declarations made by the Council in Section 2 of Ordinance No. 57079, with respect to the Development Plan of T.C. Redevelopment Corporation have not be affected by the amendment thereto and equally apply to said Development Plan, as amended.

 

Section 3. That the Council hereby finds and determines that the public convenience and necessity will be served by the Development Plan, as amended.

 

Section 4. That the Director of Finance be, and he is hereby, authorized and directed on behalf of the City to enter into a Third Supplementary Contract with T.C. Redevelopment Corporation, a copy of which is attached hereto as Exhibit "B", and which is incorporated herein by reference.

 

_____________________________________________

 

I hereby certify that all public notices and hearings required by Chapter 36, Code of General Ordinances have been given and had.

 

 

 

__________________________________

Secretary, City Plan Commission

 

 

Approved as to form and legality:

 

 

 

__________________________________

Assistant City Attorney