ORDINANCE NO. 080291 AS AMENDED

Approving the Hillside Redevelopment Corporation 353 Development Plan for the redevelopment and rehabilitation of the neighborhood as provided in the Urban Redevelopment Corporation Law of the State of Missouri (Chapter 353, RSMo) for an area of approximately 138.32 acres generally located at the northwest quadrant of Hwy 350/Blue Parkway and the area between the eastbound and westbound lanes of Hwy 350/Blue Parkway, just east of Raytown, (the Redevelopment Area), declaring such redevelopment necessary for the preservation of the public peace, prosperity, health, safety, morals and welfare; authorizing the City to enter into a contract with the Hillside Redevelopment Corporation for implementation of the Development Plan, and authorizing certain tax abatement within the Redevelopment Area. (Case No. 666-S)

WHEREAS, Hillside Redevelopment Corporation, an urban redevelopment corporation organized under and pursuant to the Urban Redevelopment Corporation Law, Chapter 353, RSMo and amendments thereto and having been incorporated, on December 21, 2007, file with the City of Kansas City, Missouri, an application for approval of a Development Plan which contemplated the redevelopment of the Redevelopment Area; and

WHEREAS, the City Clerk referred said application for a Development Plan to the City Plan Commission; and

WHEREAS the City Plan Commission caused to be published in the Daily Record, a newspaper doing the Citys printing, on February 18, 2008, notice of the public hearing on a finding of blight for the Redevelopment Area not less than 10 days before the hearing; and

WHEREAS the City Plan Commission reviewed and recommended approval of the finding of blight at the public hearing on March 4, 2008, at which all interested parties were given the opportunity to be heard; and

WHEREAS the City Council passed Ordinance 080173 finding the Redevelopment Area to be blighted on March 6, 2008; and

WHEREAS the City Plan Commission caused to be published in the Daily Record, a newspaper doing the Citys printing, on March 11, 2008, notice of the public hearing on said Development Plan not less than 10 days before the hearing; and

WHEREAS the City Plan Commission reviewed the proposed Development Plan and recommended approval of the proposed Development Plan at the public hearing on April 1, 2008, at which all interested parties were given the opportunity to be heard; NOW, THEREFORE,

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

Section A. That the Development Plan, a copy of which plan is attached hereto as Exhibit A and incorporated herein by reference, is hereby approved.

Section B. That approval of the Development Plan and construction of the redevelopment project are necessary for the preservation of the public peace, prosperity, health, safety, morals and welfare.

Section C. That the Director of Finance be authorized and directed on behalf of the City to enter into a contract with the Hillside Redevelopment Corporation for the redevelopment of the Redevelopment Area, a copy of which, in substantial form, is attached hereto and made a part hereof as Exhibit B, provided that the provisions on Exhibit C, regarding market value, be incorporated into the contract.

Section D. That the Hillside Redevelopment Corporation is hereby granted partial tax abatements on land and improvements in the Redevelopment Area as requested in the Development Plan and as provided in Exhibit B, subject to the execution of the contract.

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I hereby certify that as required by Chapter 74, Code of Ordinances of the City of Kansas City, Missouri, all public notices have been given and public hearings held, as required by law.

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Secretary, City Plan Commission

Approved as to form and legality:

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Heather A. Brown

Assistant City Attorney