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Legislation #: 010470 Introduction Date: 3/29/2001
Type: Ordinance Effective Date: 4/15/2001
Sponsor: None
Title: Authorizing execution of a Second Amended Cooperative Agreement with the Tax Increment Financing Commission of Kansas City, Missouri, for the purpose of extending the time of performance for certain improvements in the Valentine Shopping Center and planning services within the Uptown Redevelopment Project Area and directing the City Clerk to file certain documents with the appropriate offices.

Legislation History
DateMinutesDescription
3/29/2001

Prepare to Introduce

3/29/2001

Referred Planning, Zoning & Economic Development Committee

4/4/2001

Advance and Do Pass

4/5/2001

Passed


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ORDINANCE NO. 010470

 

Authorizing execution of a Second Amended Cooperative Agreement with the Tax Increment Financing Commission of Kansas City, Missouri, for the purpose of extending the time of performance for certain improvements in the Valentine Shopping Center and planning services within the Uptown Redevelopment Project Area and directing the City Clerk to file certain documents with the appropriate offices.

 

WHEREAS, the City Council in Ordinance No. 000055, passed January 20, 2000, authorized the execution of a Cooperative Agreement between the City and Tax Increment Financing Commission for public improvements in the Valentine Shopping Center and for planning services within the Uptown Redevelopment Project Area; and

 

WHEREAS, the City and the Commission executed a First Amended Cooperative Agreement on December 31, 2000, which extended the time of performance in which to complete the public improvements in the Valentine Shopping Center Public Improvements and to provide planning services in the Uptown Redevelopment Project Area; NOW, THEREFORE,

 

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That the Director of the Department of City Development, on behalf of the City, is hereby authorized to execute a Second Amended Cooperative Agreement with the Tax Increment Financing Commission of Kansas City, Missouri, for the purpose of providing public improvements in the Valentine Shopping Center and for providing planning services in the Uptown Redevelopment Project Area. A copy of the Second Amended Cooperative Agreement, in substantial form, is attached hereto and is hereby approved.

 

Section 2. That the City Clerk is hereby directed to file a copy of this ordinance, together with a copy of the Second Amended Cooperative Agreement, with the Office of the Secretary of State of Missouri and with the Department of Records of Jackson County, Missouri.

 

________________________________________________________

 

I hereby certify that there is a balance, otherwise unencumbered, to the credit of the appropriation to which the foregoing expenditure is to be charged, and a cash balance, otherwise unencumbered, in the treasury, to the credit of the fund from which payment is to be made, each sufficient to meet the obligation hereby incurred.

 

 

___________________________________

Director of Finance

 

Approved as to form and legality:

 

 

___________________________________

Assistant City Attorney