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Legislation #: 100981 Introduction Date: 11/18/2010
Type: Ordinance Effective Date: 12/26/2010
Sponsor: COUNCILMEMBER GOTTSTEIN
Title: Directing the Director of Finance to execute an affidavit regarding termination of contract concerning the Delaware Development Plan.

Legislation History
DateMinutesDescription
11/18/2010 Filed by the Clerk's office
11/18/2010 Referred to Finance and Audit Committee
12/8/2010 Do Pass as a Second Committee Substitute
12/9/2010 Assigned Third Read Calendar as Substituted
12/16/2010 Passed As Second Substitute

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FileTypeSizeDescription
100981.pdf Authenticated 64K AUTHENTICATED
affidavit.DOC Advertise Notice 45K revised affidavit
http://kansascity.granicus.com/ViewSearchResults.php?view_id=2&keywords=100981 Video Link 0K http://kansascity.granicus.com/ViewSearchResults.php?view_id=2&keywords=100981
Ordinance_100981_Fact_Sheet.pdf Fact Sheet 51K Fact Sheet
affidavit.DOC Advertise Notice 44K affidavit

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SECOND COMMITTEE SUBSTITUTE FOR ORDINANCE NO. 100981

 

Directing the Director of Finance to execute an affidavit regarding termination of contract concerning the Delaware Development Plan.

  

WHEREAS, the Redevelopment Corporation of Kansas City (“RDKC”) filed an application for approval of a Chapter 353 development plan with the City on December 3, 1962, for redevelopment of an area generally located north of 9th Street and west of Main Street, said plan to be known as the Delaware Development Plan (“Redevelopment Plan”); and

 

WHEREAS, the City Council approved the Redevelopment Plan on March 15, 1963, by Ordinance No. 28586 and authorized execution of a Redevelopment Contract relating thereto; and  

 

WHEREAS, pursuant to the Redevelopment Plan, the City and RCKC entered into a Contract, dated March 15, 1963, as supplemented by First Supplemental Contract dated January 27, 1964; by Second Supplemental Contract dated March 22, 1965; by Third Supplemental Contract dated June 7, 1966; by Fourth Supplemental Contract dated February 27, 1968; by Fifth Supplemental Contract dated March 25, 1971, recorded April 21, 1971, as Document No. K-114452, in Book K-250, at Page 794; and by Sixth Supplemental Contract, dated April 8, 1976, recorded as Document No. K663P1773 (collectively the “Redevelopment Contract”); and

 

WHEREAS, RCKC assigned its interest in the Redevelopment Contract and the Redevelopment Plan to Main Redevelopment Corporation and such assignment was approved by the City by Committee Substitute for Ordinance No. 46361, passed March 26, 1976, and recorded as Document No. K 289166, Book K663P1784 on April 8, 1976; and,

 

WHEREAS, RCKC obtained ten years of 100% tax abatement with a subsequent fifteen years of 50% tax abatement on the property described in the Redevelopment Contract; and

 

WHEREAS, pursuant to Chapter 353 Revised Statutes of Missouri, the period of tax abatement on the Property expired at the end of 1999 and said Property has been returned to the tax rolls; NOW, THEREFORE,

 

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That the Director of Finance is hereby directed to execute an affidavit regarding termination of the contract concerning the Delaware Development Plan to
acknowledge that the period of abatement has expired. A copy of the affidavit, in substantial form, is attached hereto and made a part hereof and hereby approved.

 

__________________________________________

 

Approved as to form and legality:

 

 

 ___________________________________

Heather Brown

Senior Associate City Attorney