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Legislation #: 140314 Introduction Date: 4/17/2014
Type: Resolution Effective Date: none
Sponsor: COUNCILMEMBERS REED, CURLS, GLOVER AND MARCASON
Title: Authorizing an application to the Missouri Development Finance Board for the preliminary authorization of state tax credits in the amount not to exceed $3,500,000.00 to support the construction of a grocery store in Beacon Hill to be located at 27th _ Troost, Kansas City, Missouri (“Grocery Store Project”).

Legislation History
DateMinutesDescription
4/17/2014 Filed by the Clerk's office
4/17/2014 Referred to Planning, Zoning & Economic Development Committee
4/23/2014 Immediate Adoption as a Committee Substitute
4/24/2014 Adopted as Substituted

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140314.pdf Authenticated 158K Authenticated
140314 Fact Sheet.pdf Fact Sheet 157K Fact Sheet

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COMMITTEE SUBSTITUTE FOR RESOLUTION NO. 140314

 

Authorizing an application to the Missouri Development Finance Board for the preliminary authorization of state tax credits in the amount not to exceed $3,500,000.00 to support the construction of a grocery store in Beacon Hill to be located at 27th & Troost, Kansas City, Missouri (“Grocery Store Project”).

WHEREAS, the residents of Beacon Hill and surrounding neighborhoods have for years struggled with living in a food desert and the burdens of traveling to and transporting healthy food products from grocery stores miles from where they live; and

WHEREAS, the availability of healthy food choices is critical to the prevention and management of such chronic diseases as diabetes, stroke, obesity and heart disease; and

WHEREAS the hospital and clinics of Truman Medical Center’s Hospital Hill campus provide health care to many of the residents of Beacon Hill and surrounding neighborhoods suffering from these chronic diseases: and

WHEREAS, both the State of Missouri and the City provide substantial funding annually for the care and treatment of their citizens suffering with these chronic diseases; and

WHEREAS, Truman Medical Center, through its economic development corporation, has proposed the development and construction of a grocery store within Beacon Hill in the block bounded by 27th Street on the south, Troost Avenue on the west, 26th Street on the north and Forest Avenue on the east (the “Grocery Store Project”) that would offer to the residents of Beacon Hill and surrounding neighborhoods the healthy food choices necessary to prevent and treat these chronic diseases; and

WHEREAS, the continued growth and redevelopment of Beacon Hill and the surrounding neighborhoods are dependent upon their residents’ access to such basic amenities as a grocery store providing healthy food choices; and

WHEREAS, the City has committed to provide $3.1 million in PIAC monies over several years to assist with the construction of public infrastructure for the Grocery Store Project; and

WHEREAS, the Council desires to direct the City Manager to file an application for contribution tax credits in the amount not to exceed $3,500,000.00 with the Missouri Development Finance Board for financing of the development and construction of the Grocery Store Project through the State of Missouri’s Tax Credit for Contribution Program; NOW, THEREFORE,

BE IT RESOLVED BY THE COUNCIL OF KANSAS CITY:


 

Section 1. That the Council expresses its intention to support the Grocery Store Project.

Section 2. That the Council states and finds that the Grocery Store Project will greatly benefit the residents of Beacon Hill and surrounding neighborhoods by providing easily accessible high quality and healthy food and fresh produce in an otherwise food desert.

Section 3. That the Council states and finds that the Grocery Store Project will greatly benefit the City by offering training and new job opportunities to low-income residents in need of reliable and steady employment.

Section 4. That the Council states and finds that the Grocery Store Project will provide a quality retail facility in an area devoid of this type of structure which, in turn, will encourage the expansion of housing for new residents in the surrounding neighborhoods and will result in an increase in the fair market values of existing and new residential structures.

Section 5. That the Council directs the City Manager to file an application on or before April 30, 2014 in the amount not to exceed $3,500,000.00 with the Missouri Development Finance Board for financing of the Grocery Store Project through the State Tax Credit for Contribution Program.

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