Approving and designating
Redevelopment Project 2 of the Revised Commerce Tower Village Tax Increment
Financing Plan as a Redevelopment Project; adopting tax increment financing
therefor; and directing the City Clerk to transmit copies of this ordinance.
WHEREAS,
pursuant to the Real Property Tax Increment Allocation Redevelopment Act,
Sections 99.800 to 99.865 of the Revised Statutes of Missouri, as amended, the
City Council of Kansas City, Missouri by Ordinance No. 54556 passed on November
24, 1982, and thereafter amended in certain respects by Committee Substitute
for Ordinance No. 911076, As Amended, passed on August 29, 1991, Ordinance No.
100089, As Amended, passed on January 28, 2010, and Ordinance No. 130986,
passed on December 19, 2013, created the Tax Increment Financing Commission of
Kansas City, Missouri (the "Commission"); and