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Legislation #: 200256 Introduction Date: 4/2/2020
Type: Ordinance Effective Date: none
Sponsor: None
Title: Authorizing the Director of Public Works to execute a Funding and Reimbursement Agreement between the Tax Increment Financing Commission of Kansas City, Missouri and the City of Kansas City, Missouri for the design of waterline and road improvements along Platte Purchase Drive pursuant to the Platte Purchase Tax Increment Financing Plan.

Legislation History
DateMinutesDescription
4/2/2020 Filed by the Clerk's office
4/2/2020 Referred to Transportation, Infrastructure and Operations Comm
4/8/2020 Do Pass as a Committee Substitute
4/9/2020 Assigned Third Read Calendar as Substituted
4/16/2020 Passed as Substituted

View Attachments
FileTypeSizeDescription
Authenticated Ordinance 200256.pdf Authenticated 66K Authenticated Ordinance
200256 cs to org ord-com.docx Advertise Notice 18K Compared version 200256
revised fact sheet.pdf Fact Sheet 93K revised fact sheet
revised fiscal note.pdf Fiscal Note 65K revised fiscal note
PlattePurchase-FactSheetTIF-PIAC March2020 050113 (1).pdf Fact Sheet 72K PW Fact Sheet
TIF_ Platte Purchase - Funding Agreement - Water Sewer Line (601554383.._.pdf Agreement 83K PW Agreement
89008824-PlattePurchase-Map022520.pdf Maps 2386K PW Map
PlattePurchase-FiscalNoteTIF-PIACMarch2020.pdf Fiscal Note 17K PW Fiscal Note

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COMMITTEE SUBSTITUTE FOR ORDINANCE NO. 200256

 

Authorizing the Director of Public Works to execute a Funding and Reimbursement Agreement between the Tax Increment Financing Commission of Kansas City, Missouri and the City of Kansas City, Missouri for the design of waterline and road improvements along Platte Purchase Drive pursuant to the Platte Purchase Tax Increment Financing Plan.

 

WHEREAS, Ordinance No. 160415 approved the Platte Purchase Tax Increment Financing Plan which has since been amended with Ordinance Nos. 170971 and 190264 and Ordinance 190455 authorized the execution and delivery of a Financing Agreement among the Tax Increment Financing Commission of Kansas City, Missouri; City of Kansas City, Missouri; Clay County, Missouri; and the Industrial Development Authority of the City of Kansas City, Missouri which included funding for the construction of waterlines to and within Platte Purchase Park which is a priority for the Kansas City, Missouri Parks and Recreation Department; and

 

WHEREAS, Council District 2 allocated $403,000.00 in PIAC funds in FY 2020 for improvements to Platte Purchase Drive which can be used to accelerate the design and construction of the waterline in 2021 so that Platte Purchase Park will be able to install functioning restrooms and drinking fountains; NOW, THEREFORE,

  

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That the Director of Public Works is hereby authorized to execute a $403,000.00 Funding and Reimbursement Agreement between the Tax Increment Financing Commission of Kansas City, Missouri and the City of Kansas City, Missouri for the design of waterline and road improvements along Platte Purchase Drive pursuant to the Platte Purchase Tax Increment Financing Plan from previously appropriated in account 2020-3090-898201-B-89008824. A copy of the agreement is located in the office of the Director of Public Works.

Section 2. That the Director of Public Works is designated the requisitioning authority for account number 20-3090-898201.

 

_____________________________________________

 


I hereby certify that there is a balance, otherwise unencumbered, to the credit of the appropriation to which the foregoing expenditure is to be charged, and a cash balance, otherwise unencumbered, in the treasury, to the credit of the fund from which payment is to be made, each sufficient to meet the obligation hereby incurred.

 

   

_________________________________

Tammy Queen

Director of Finance

 

Approved as to form and legality:

 

 

_________________________________

Nelson Munoz

Assistant City Attorney