ORDINANCE NO. 050907

Authorizing the termination of the Searcy Creek Tax Increment Financing Plan

WHEREAS, the City Council of Kansas City, Missouri (Council), by Ordinance No. 54556 passed on November 1982, and thereafter amended in certain respects by Ordinance No. 911076 passed on August 29, 1991, creating the Tax Increment Financing Commission of Kansas City, Missouri (the Commission); and

WHEREAS, the Council on March 11, 1993, by Ordinance No. 930207 approved the Searcy Creek Tax Increment Financing Plan to assist in construction of sanitary sewer and other related public improvements; and

WHEREAS, the Searcy Creek Tax Increment Financing Plan has achieved its objective and the Commission requests termination of the Plan; NOW, THEREFORE,

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

Section 1. That the Searcy Creek Tax Increment Financing Plan is hereby terminated.

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Approved as to form and legality:

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Heather A. Brown

Assistant City Attorney