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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.
_____________________________________________
Approved
as to form and legality:
___________________________________
Heather
A. Brown
Assistant City Attorney