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Legislation #: 150502 Introduction Date: 6/18/2015
Type: Ordinance Effective Date: none
Sponsor: COUNCILMEMBER FORD
Title: Determining that the Prospect North Tax Increment Financing Plan is not making satisfactory progress under the time schedule proposed within the plan for completion.

Legislation History
DateMinutesDescription
6/18/2015 Filed by the Clerk's office
6/18/2015 Referred to Planning, Zoning & Economic Development Committee
6/24/2015 Hold On Agenda (7/8/2015)
7/8/2015 Hold On Agenda (7/15/2015)
7/15/2015 Hold On Agenda (7/22/2015)
7/22/2015 Hold On Agenda (8/12/2015)
8/12/2015 Do Pass as a Committee Substitute
8/13/2015 Assigned Third Read Calendar as Substituted
8/20/2015 Passed as Substituted

View Attachments
FileTypeSizeDescription
150502.pdf Authenticated 78K Authenticated
prospect north tif fact sheet - 150502.pdf Fact Sheet 204K FACT SHEET
prospect north plan - 150502.pdf Plan 251K PLAN

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COMMITTEE SUBSTITUTE FOR ORDINANCE NO. 150502

 

Determining that the Prospect North Tax Increment Financing Plan is not making satisfactory progress under the time schedule proposed within the plan for completion.

 

WHEREAS, the Prospect North Tax Increment Financing Plan was approved by the Council by passage of Ordinance No. 991307 on March 23, 2000; and

 

WHEREAS, Section 99.865.3, RSMo, provides that five years after the establishment of a redevelopment plan and every five years thereafter, the Council shall hold a public hearing regarding those redevelopment plans and projects created pursuant to Sections 99.800 to 99.865, RSMo, for the purpose of determining if the redevelopment project is making satisfactory progress under the proposed time schedule contained within the approved plans for completion of such projects; and

 

WHEREAS, after proper notice, the Council has held the statutory hearing regarding the Plan; NOW, THEREFORE,

 

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That the Council hereby determines that the Prospect North Tax Increment Financing Plan is not making satisfactory progress under the time schedule proposed within the approved plan for completion of the projects.

 

Section 2. That the Council further finds that, as required by Section 99.865.3, RSMo, the required notices were published and the required hearing was held.

 

_____________________________________________

 

Approved as to form and legality:

 

 

___________________________________

Brian T. Rabineau

Assistant City Attorney