ORDINANCE NO. 001391

Determining the advisability of the Chouteau Crossing Improvement Project and ordering the creation of a neighborhood improvement district for the project in Kansas City, Missouri.

WHEREAS, pursuant to the authority of Sections 67.453 to 67.475, inclusive, RSMo, titled the Neighborhood Improvement District Act (the Act), proceedings have been undertaken for certain improvements for a neighborhood improvement district in Kansas City, Missouri; and

WHEREAS, a petition signed by the owners of property within the proposed neighborhood improvement district has been filed with the City Clerk (the Petition) requesting improvements designated as the Chouteau Crossing Improvement Project (the Project), said petition stating (a) the project name for the proposed improvements, (b) the nature of the improvements, (c) the estimated cost of the improvements, (d) the duration of the assessments for the improvements, (e) the boundaries of the improvement district to be assessed, and (f) the method of assessment; NOW, THEREFORE,

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

Section 1. The City Council hereby finds and determines that the Petition requesting the Project is complete and proper in all respects, subject to certification of the Petition by the City Clerk.

Section 2. The City Council finds and determines that the Project is advisable and orders a neighborhood improvement district to be established for the Project.

A. The project name for the Project shall be:

Chouteau Crossing Improvement Project

B. The general nature of the improvements to be made is the construction and reconstruction of roads, bridges, utilities and other public facilities located in the District. A description of the public improvements expected to be constructed in the Project are as follows:

Project Improvement Estimated Cost

Acquisition and Environmental Cleanup of

Sinclair Service Station $ 770,000.00

Improvements to Chouteau Trafficway 1,598,584.00

Grading for City Park and Other Improvements 456,640.00

Construction of Public Storm Sewers 402,936.00

Construction of Public Sanitary Sewers 83,278.00

Purchase of Right-of-way 465,000.00

Engineering, Legal, Architectural, Permits, Taxes,

Contingency and other Indirect Expenses 579,844.00

TOTAL $4,356,283.00

C. The estimated cost of the improvements is $4,356,283.00, all of which will be assessed against the property within the District. The final cost of the improvements assessed against the property within the District (and the amount of tax increment financing obligation bonds of the Tax Increment Financing Commission issued therefore) shall not exceed the estimated cost by more than 25%.

D. Assessments against the property within the District will be in substantially equal annual installments over a period of not more than 20 years.

E. The boundaries of the Neighborhood Improvement District to be assessed for the costs of the improvements are described as follows:

All that part of the East Half of Section 6, Township 50 North, Range 32 West, being part of Block 4, Winnwood Beach, all of Blocks 5 and 6, Winnwood Beach, Lot 47, Wood Hills, Lot 54, Wood Hills Annex, and parts of vacated Cleveland Avenue, Winnwood Boulevard, N.E. 43rd Terrace, and Loughrey Avenue, all in the City of Kansas City, Clay County, Missouri, being more particularly described as follows:

Commencing at the Northeast corner of Lot 1, Block 4, of said Winnwood Beach; thence South 00E38'27" West, along the West right of way line of North Winn Road, a distance of 520.60 feet, to the Point of Beginning; thence continuing along said West right of way line South 00E38'27" West, a distance of 989.48 feet, to a point on the centerline vacated N.E. 43rd Terrace; thence along said centerline North 89E17'29" West, a distance of 125.03 feet; thence continuing along said centerline North 76E33'20" West, a distance of 91.46 feet; thence continuing along said centerline South 89E42'16" West, a distance of 418.76 feet, to a point of curvature; thence continuing along said centerline and along a curve to the right having a radius of 130.00 feet and a central angle of 77E45'17" an arc distance of 176.42, to a point of compound curvature; thence continuing along said centerline and along a curve to the right having a radius of 490.00 feet and a central angle of 00E19'34" and arc distance of 2.79 feet; thence South 77E46'40" West, a distance of 10.00 feet, to the southeast corner of Lot 4, Block 6 of said Winnwood Beach; thence along the South line of said Block 6 North 89E17'56" West, a distance of 63.00 feet, to the Northeasterly right of way line of Chouteau Trafficway, as now established; thence along said Northeasterly right of way line North 43E43'32" West, a distance of 243.14 feet to a point on the centerline of vacated North Cleveland Avenue; thence along said centerline North 00E35'36" East, a distance of 8.45 feet; thence continuing along said Northeasterly right of way line North 45E20'19" West, a distance of 238.89 feet; thence continuing along said Northeasterly right of way line North 24E32'11" West, a distance of 94.62 feet, to a point on the Southerly right of way line of Interstate Route No. 35, as now established; thence along said Southerly right of way line and along a curve to the left having a radius of 3084.79 feet, a central angle of 04E23'04" and an initial tangent bearing of North 67E32'18" East, an arc distance of 236.06 feet; thence continuing along said Southerly right of way line North 49E06'49" East, a distance of 367.40 feet; thence continuing along said Southerly right of way line North 67E07'32" East, a distance of 107.95 feet; thence continuing along said southerly right of way line North 49E39'58" East, a distance of 211.99 feet; thence continuing along said Southerly right of way line North 18E56'28" East, a distance of 68.21 feet; thence continuing along said Southerly right of way line north 49E15'15" East a distance of 197.73 feet; thence South 00E38'34" West, a distance of 245.01 feet; thence South 89E21'26" East, a distance of 229.83 feet; thence South 00E38'22" West, a distance of 11.20 feet; thence South 44E21'26" East, a distance of 34.85 feet; thence South 89E21'26" East, a distance of 45.36 feet to the Point of Beginning. Containing 21.97 acres of land, more or less.

A map of the District is attached as Exhibit B. The District is located entirely within Kansas City, Missouri, an incorporated city.

F. The cost of the improvements will be equally assessed per square foot against all real property within the District.

Section 3. The improvements included in the Project are hereby authorized.

Section 4. This ordinance shall be in full force and effect ten (10) days from and after its passage by the City Council or upon certification by the City Clerk of the sufficiency of the Petition, whichever occurs later.

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Approved as to form and legality:

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Assistant City Attorney