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Legislation #: 950661 Introduction Date: 5/11/1995
Type: Ordinance Effective Date: none
Sponsor: COUNCILMEMBER FORD
Title: Authorizing the Director of City Development to execute a first amended cooperative agreement between the Tax Increment Financing Commission and the City for the improvement of Shoal Creek Parkway and directing the City Clerk to file same.

Legislation History
DateMinutesDescription
5/11/1995

Referred Plans And Zoning Committee

5/11/1995

Referred Plans And Zoning Committee

5/17/1995

Advance and Do Pass

5/18/1995

Passed


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ORDINANCE NO. 950661

 

Authorizing the Director of City Development to execute a first amended cooperative agreement between the Tax Increment Financing Commission and the City for the improvement of Shoal Creek Parkway and directing the City Clerk to file same.

 

WHEREAS, the City has authorized execution of a cooperative agreement between the City and the Tax Increment Financing Commission for the purpose of providing for the improvement of Shoal Creek Parkway; and

 

WHEREAS, said agreement provided that the cost of the improvement may be considered as a reimbursable expense if all other improvements were fully funded; and

 

WHEREAS, after further consideration, the City has determined that it is appropriate to delete this provision; NOW, THEREFORE,

 

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That the Director of City Development is hereby authorized to execute an amended cooperative agreement between the City and the Tax Increment Financing Commission for the improvement of Shoal Creek Parkway for the purpose of deleting the identification of such funding as a potential reimbursable expense. A copy of said amended agreement is attached hereto and incorporated herein by reference.

 

Section 2. That the City Clerk is hereby directed to cause a copy of the cooperative agreement to be recorded in the office of the Recorder of Deeds for Clay County and in the office of the Secretary of State.

 

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Approved as to form and legality:

 

 

 

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City Attorney