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Legislation #: 150548 Introduction Date: 7/2/2015
Type: Ordinance Effective Date: none
Sponsor: None
Title: Approving an amendment to the development plan of Oak Street Redevelopment Corporation for the redevelopment of an area bounded by Truman Road (15th Street), Oak Street, 17th Street, and a portion of Grand Avenue and McGee Street; authorizing certain tax abatements and providing for the payment of certain payments in lieu of tax; authorizing the execution of an amendment to the existing redevelopment contract in connection with the foregoing; and directing the City Clerk to transmit copies of this ordinance. .

Legislation History
DateMinutesDescription
7/2/2015 Filed by the Clerk's office
7/2/2015 Referred to Planning, Zoning & Economic Development Committee
7/8/2015 Advance and Do Pass as a Committee Substitute, Debate
7/9/2015 Councilmember Johnson (Second by Wagner) Move To Delete From Advances
7/9/2015 Assigned Third Read Calendar as Substituted
7/16/2015 Councilmember Ford (Second by Johnson) Move to Amend
7/16/2015 Passed as Substituted and Amended

View Attachments
FileTypeSizeDescription
150548.pdf Authenticated 426K Authenticated
150548 Fact Sheet.pdf Fact Sheet 173K 150548 Fact sheet
Oak Street Redevelopment Corp Fact Sheet.pdf Fact Sheet 166K Fact Sheet

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COMMITTEE SUBSTITUTE FOR ORDINANCE NO. 150548

 

Approving an amendment to the development plan of Oak Street Redevelopment Corporation for the redevelopment of an area bounded by Truman Road (15th Street), Oak Street, 17th Street, and a portion of Grand Avenue and McGee Street; authorizing certain tax abatements and providing for the payment of certain payments in lieu of tax; authorizing the execution of an amendment to the existing redevelopment contract in connection with the foregoing; and directing the City Clerk to transmit copies of this ordinance. .

 

WHEREAS, Oak Street Redevelopment Corporation (“Developer”), an urban redevelopment corporation organized under and pursuant to the Urban Redevelopment Corporations Law of the Revised Statutes of Missouri, as amended (the "Act"), did on August 16, 2002, file with the City Clerk an application for approval of a development plan (“Development Plan”), prepared in accordance with the Act and Chapter 74, Code of Ordinances ("Chapter 74"), which contemplated the redevelopment of a tract of land of approximately 6.7 acres generally located east of Grand Avenue, south of 16th Street and Truman Road, west of Oak Street and north of 17th Street (“Redevelopment Area”); and

 

WHEREAS, the City Council of Kansas City, Missouri, did on October 17, 2002, pass Committee Substitute for Ordinance No. 021114, As Amended (the “Ordinance”), which Ordinance approved the application and Development Plan and authorized and directed the Director of Finance to enter into a redevelopment contract with Developer; and

 

WHEREAS, Developer and the City of Kansas City, Missouri (“City”) entered into a redevelopment contract dated October 28, 2002 (“Redevelopment Contract”), providing for the implementation of the Development Plan, which Redevelopment Contract was recorded with the Jackson County, Missouri, Recorder of Deeds on October 29, 2002, as Instrument No. 2002K0070800; and

 

WHEREAS, on December 30, 2014, Developer submitted an application to amend the Development Plan to the Kansas City Chapter 353 Advisory Board (“Board”) to extend the abatement of taxes in the Redevelopment Area and modify the agreement for payments in lieu of taxes; and

 

WHEREAS, Developer submitted its proposed first amendment to the Development Plan (“Amendment”) to the Board; and

 

WHEREAS, Developer has complied with all the requirements imposed upon it by the Act and Chapter 74; and

 

WHEREAS, review by the City Plan Commission was not required as implementation of the Amendment would not require any changes to the existing zoning and is otherwise in compliance with the Comprehensive Plan; and

 

WHEREAS, the Developer and the Board provided such notice as is required by the Act and Chapter 74 and on June 24, 2015, held a public hearing on the Amendment; and

 

WHEREAS, the Board, after fully considering the Amendment and the documents and testimony submitted in connection therewith, recommended denial of the application for the Amendment, and transmitted its recommendation to the City Council; NOW, THEREFORE,

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That the City Council, having reviewed the Amendment to the Development Plan (as the same is on file with the Board and is incorporated herein by reference) and given due consideration to the Board’s recommendation of denial, approves the Amendment subject to the execution of an amendment to the Redevelopment Contract authorized herein, provided however that the Amendment is approved subject to the exception that a scrivener’s error in paragraph 2 be corrected to reflect a full abatement with respect to the “Fifteen Year Period” referenced therein as is consistent with the application and the analysis thereof.

 

Section 2. That the Director of City Development is authorized to execute such amendment to the Redevelopment Contract for purposes of implementing the Amendment to the Development Plan as he shall determine proper and in such form as he shall determine appropriate, provided that such agreement shall require an annual payment in lieu of taxes (“PILOT”) in the amounts indicated within the Amendment, such PILOTs to be distributed pro rata to the relevant taxing jurisdictions.

 

Section 3. That upon execution of the amendment to the Redevelopment Contract, Developer is granted such tax abatements as are provided for in the Amendment to the Development Plan.

Section 4. That all other rights, duties and obligations of Developer not affected by the amendment to the Redevelopment Contract shall remain in full force and effect.

 

Section 5. That the City Clerk shall send a copy of this ordinance to the County Clerk and County Executive of Jackson County, Missouri.

 

_____________________________________________

  

Approved as to form and legality:

 

 

  _______________________________

Brian T. Rabineau

Assistant City Attorney