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Legislation #: 100432 Introduction Date: 5/13/2010
Type: Ordinance Effective Date: none
Sponsor: COUNCILMEMBER SANDERS BROOK
Title: Confirming and accepting the assignment of certain rights to Beacon Park Associates, L.P., with respect to Phase 2A of the Beacon Park Townhomes Project.

Legislation History
DateMinutesDescription
5/13/2010 Filed by the Clerk's office
5/13/2010 Referred to Housing Committee
5/19/2010 Advance and Do Pass, Debate
5/20/2010 Passed

View Attachments
FileTypeSizeDescription
100432.pdf Authenticated 48K AUTHENTICATED
http://kansascity.granicus.com/ViewSearchResults.php?view_id=2&keywords=100432 Website Link 0K http://kansascity.granicus.com/ViewSearchResults.php?view_id=2&keywords=100432
Assignment and Assumption Agreement.PDF Agreement 217K Agreement
Fact Sheet Ordinance 100432.docx Fact Sheet 19K Fact Sheet

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ORDINANCE NO. 100432

 

Confirming and accepting the assignment of certain rights to Beacon Park Associates, L.P., with respect to Phase 2A of the Beacon Park Townhomes Project.

 

WHEREAS, Committee Substitute for Ordinance No. 090947, passed December 3, 2009, (the “Ordinance”) approved an Amended and Restated Development Plan and Redevelopment contract for Beacon Hill Redevelopment; and

 

WHEREAS, appended to the Ordinance was a form of an assignment to the Beacon Park Associates, L.P.; and

 

WHEREAS, the Ordinance inadvertently identified the assignee as the Housing Authority of Kansas City; and

 

WHEREAS, the parties desire to confirm and accept the assignment to Beacon Park Associates, L.P.; NOW, THEREFORE,

 

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That the assignment of the development rights, obligations, and interest in and to Phase 2A of the Amended and Restated “353” Development Plan affecting all of the property legally described in Exhibit A, to Beacon Park Associates, L.P., is hereby confirmed and accepted and the Council hereby recognizes the executed Assignment and Assumption Agreement attached hereto as Exhibit B.

 

_____________________________________________

 

 

Approved as to form and legality:

 

 

________________________________

Heather A. Brown

Assistant City Attorney