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Legislation #: 950511 Introduction Date: 4/20/1995
Type: Ordinance Effective Date: 5/7/1995
Sponsor: None
Title: Authorizing the execution of an amended agreement with the Tax Increment Financing Commission of Kansas City, Missouri which provides for relocation services in connection with the Hickman Mills Tax Increment Financing Project.

Legislation History
DateMinutesDescription
4/20/1995

Prepare to Introduce

4/20/1995

Referred Finance Committee

4/26/1995

Advance and Do Pass as a Committee Substitute

4/27/1995

Passed as Substituted


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COMMITTEE SUBSTITUTE FOR ORDINANCE NO. 950511

 

Authorizing the execution of an amended agreement with the Tax Increment Financing Commission of Kansas City, Missouri which provides for relocation services in connection with the Hickman Mills Tax Increment Financing Project.

 

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That the Director of City Development, on behalf of the City, is hereby authorized to execute an amended agreement with the Tax Increment Financing Commission of Kansas City, Missouri which provides for relocation services in connection with the Hickman Mills Tax Increment Financing Project for the purpose of extending the term of the Agreement until April 30, 1996 and amending Section 3 of the Agreement by deleting that section in its entirety and replacing it with the following:

 

3. Payment of Relocation Benefits.

 

The Commission shall make all payments of monetary relocation benefits in conformity with the amount of such benefits recommended by the City through its Central Relocation Agency as approved by the Commission in all cases and as approved by the Developer in those cases involving a request for relocation benefits in excess of $5,000. Upon reasonable request by the City, the Commission shall provide a receipt or other proof of such payments.

 

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Approved as to form and legality:

 

 

 

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Assistant City Attorney