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Legislation #: 081109 Introduction Date: 10/30/2008
Type: Resolution Effective Date: 11/6/2008
Sponsor: COUNCILMEMBER FORD
Title: Approving and endorsing Grand Boulevard Lofts Limited Partnership (“Applicant”) in its application to the Missouri Department of Economic Development Brownfields Redevelopment Program, as authorized by, and in accordance with, Chapter 447, Section 447.700, subsection (1) of the Revised Statutes of Missouri, for state remediation tax credits.

Legislation History
DateMinutesDescription
10/30/2008 Filed by the Clerk's office
10/30/2008 Referred to Planning and Zoning Committee
11/5/2008 Immediate Adoption
11/6/2008 Adopted

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RESOLUTION NO. 081109

 

Approving and endorsing Grand Boulevard Lofts Limited Partnership (Applicant) in its application to the Missouri Department of Economic Development Brownfields Redevelopment Program, as authorized by, and in accordance with, Chapter 447, Section 447.700, subsection (1) of the Revised Statutes of Missouri, for state remediation tax credits.

 

WHEREAS, Applicant has proposed a brownfields redevelopment project to renovate the currently vacant building located at 1006 Grand Boulevard in Jackson County, Kansas City, Missouri, for development of a mixed-use project; and

 

WHEREAS, Applicant intends to apply to the Missouri Department of Economic Development for brownfields remediation tax credits in an amount corresponding to the estimated cost of remediation and related demolition work, approximately $772,135.00 pursuant to the Missouri Redevelopment Program; and

 

WHEREAS, the Applicant is required by state law to obtain the endorsement of the local jurisdiction in which the project is located; and

 

WHEREAS, the City of Kansas City, Missouri is the local jurisdiction in which the project is located; and

 

WHEREAS, the Applicant presented its project at a meeting of the Brownfields Commission and that its Members expressed approval of the project and recommended that the City Council endorse Applicant in its application to the Missouri Department of Economic Development for remediation tax credits for this site; NOW, THEREFORE,

 

BE IT RESOLVED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That the Mayor and Council hereby endorse the application of the Grand Boulevard Lofts Limited Partnership to the Missouri Department of Economic Development for remediation tax credits pursuant to the Missouri Brownfields Redevelopment Program, as authorized by, and in accordance with, Chapter 447, Section 447.700, subsection (1) of the Revised Statutes of Missouri, a copy of which is attached hereto and made a part hereof.

 

Section 2. That the Director of the Department of City Development is hereby authorized to execute the Local Government Endorsement form of the application of Grand Boulevard Lofts Limited Partnership to the Missouri Department of Economic Development.

 

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