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Legislation #: 150501 Introduction Date: 6/18/2015
Type: Ordinance Effective Date: none
Sponsor: COUNCILMEMBER FORD
Title: Determining that the KCI Corridor Tax Increment Financing Plan is making satisfactory progress under the time schedule proposed within the plan for completion.

Legislation History
DateMinutesDescription
6/18/2015 Filed by the Clerk's office
6/18/2015 Referred to Planning, Zoning & Economic Development Committee
6/24/2015 Do Pass
6/25/2015 Assigned to Third Read Calendar
7/2/2015 Passed

View Attachments
FileTypeSizeDescription
150501.pdf Authenticated 76K Authenticated
kci corridor tif fact sheet - 150501.pdf Fact Sheet 202K FACT SHEET
kci corridor plan - 150501.pdf Plan 51K PLAN

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ORDINANCE NO. 150501

 

Determining that the KCI Corridor Tax Increment Financing Plan is making satisfactory progress under the time schedule proposed within the plan for completion.

 

WHEREAS, the KCI Corridor Tax Increment Financing Plan was approved by the Council by passage of Ordinance No. 990256 on March 11, 1999; and

 

WHEREAS, Section 99.865.3, RSMo, provides that five years after the establishment of a redevelopment plan and every five years thereafter, the Council shall hold a public hearing regarding those redevelopment plans and projects created pursuant to Sections 99.800 to 99.865, RSMo, for the purpose of determining if the redevelopment project is making satisfactory progress under the proposed time schedule contained within the approved plans for completion of such projects; and

 

WHEREAS, after proper notice, the Council has held the statutory hearing regarding the Plan; NOW, THEREFORE,

 

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That the Council hereby determines that the KCI Corridor Tax Increment Financing Plan is making satisfactory progress under the time schedule proposed within the approved plan for completion of the projects.

 

Section 2. That the Council further finds that, as required by Section 99.865.3, RSMo, the required notices were published and the required hearing was held.

 

_____________________________________________

 

Approved as to form and legality:

 

 

___________________________________

Brian T. Rabineau

Assistant City Attorney