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Legislation #: 100497 Introduction Date: 6/10/2010
Type: Ordinance Effective Date: 7/4/2010
Sponsor: COUNCILMEMBER JOHNSON
Title: Amending Ordinance No. 090260 by repealing Section 1 thereof and enacting in lieu thereof a new section, correcting an error in the Exhibit 7, Estimated Redevelopment Costs for the 8th Amendment to the KCI Corridor Tax Increment Financing Plan.

Legislation History
DateMinutesDescription
6/10/2010 Filed by the Clerk's office
6/10/2010 Referred to Finance and Audit Committee
6/23/2010 Advance and Do Pass, Debate
6/24/2010 Passed

View Attachments
FileTypeSizeDescription
100497.pdf Authenticated 49K AUTHENTICATED
100497, exhibit 7.pdf Exhibit 61K exhibit 7
Revised 8th Amendment.pdf Other 603K Revised 8th Amendment
http://kansascity.granicus.com/ViewSearchResults.php?view_id=2&keywords=100497 Video Link 0K http://kansascity.granicus.com/ViewSearchResults.php?view_id=2&keywords=100497

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ORDINANCE NO. 100497

 

Amending Ordinance No. 090260 by repealing Section 1 thereof and enacting in lieu thereof a new section, correcting an error in the Exhibit 7, Estimated Redevelopment Costs for the 8th Amendment to the KCI Corridor Tax Increment Financing Plan.

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY: 

Section A. That Ordinance No. 090260, passed April 16, 2009, is hereby amended by repealing Section 1 of the ordinance and enacting in lieu thereof a new section, to read as follows:

Section 1. The recommendations of the Commission concerning the Eighth Amendment as set forth in the Resolution attached hereto as Exhibit A are hereby accepted and the Eighth Amendment, a copy of which is attached hereto as Exhibit B, is hereby approved, with a corrected Exhibit 7, Estimated Costs 8th Amendment, KCI Corridor.

Section B. That actions of all City officials and the Tax Increment Financing Commission of Kansas City, Missouri, in allocating, paying, depositing, receiving and/or disbursing payments in lieu of taxes or economic activity taxes in connection with the Eighth Amendment, which have been approved after April 16, 2009, but prior to the effective date of this ordinance, are hereby ratified and approved.

Section C. That the remaining sections of Ordinance No. 090260 remain in full force and effect.

_____________________________________________

  Approved as to form and legality:

 

  ______________________________

Heather A. Brown

Assistant City Attorney