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Legislation #: 160529 Introduction Date: 7/14/2016
Type: Ordinance Effective Date: none
Sponsor: None
Title: Approving a petition to add real property to the Kansas City International Airport Community Improvement District, and authorizing the City Manager to execute an amendment to a cooperative agreement with the District for the purpose of funding public infrastructure improvements.

Legislation History
DateMinutesDescription
7/13/2016 Filed by the Clerk's office
7/14/2016 Referred to Planning, Zoning & Economic Development Committee
7/27/2016 Do Pass
7/28/2016 Assigned to Third Read Calendar
8/11/2016 Passed

View Attachments
FileTypeSizeDescription
160529.pdf Authenticated 92K Authenticated
2nd Amendment to Cooperative Agreement .pdf Agreement 519K agreement
160529 Notice of Hearing.pdf Other 371K Notice of Hearing
160529 Petitions.pdf Petition 1191K Petitions
160529 Fact Sheet.pdf Fact Sheet 123K Fact Sheet

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ORDINANCE NO. 160529

 

Approving a petition to add real property to the Kansas City International Airport Community Improvement District, and authorizing the City Manager to execute an amendment to a cooperative agreement with the District for the purpose of funding public infrastructure improvements.

 

WHEREAS, the Kanas City International Airport Community Improvement District (the “District”) was established by Ordinance No. 050203 for a period of thirty years effective March 20, 2005; and

 

WHEREAS, on or about August 1, 2005, the City and the District executed a cooperative agreement whereby the parties agreed to use a portion of the one percent (1.00%) sales tax imposed by the District to fund the repairs, improvements and rehabilitations of the Overhaul Base located at the Kansas City International Airport; and

WHEREAS, the City desires that the District expand its current boundaries to include additional property owned by the City and abutting the District; and

WHEREAS, the City and District desire to simultaneously amend their cooperative agreement to further enhance the potential for growth and development of an area within a portion of the boundaries of the District by allocating certain tax revenues generated within a portion of the District to fund various public infrastructure improvements; NOW, THEREFORE,

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That the petition to add real property to the Kansas City International Airport Community Improvement District, previously established as a political subdivision pursuant to Ordinance No. 050203 and in accordance with Section 67.1401 through Section 67.1571, RSMo, otherwise known as the Missouri Community Improvement District Act (the “Act”), is hereby approved in its entirety.

 

Section 2. That the District shall continue to have all the powers and authority authorized by the petitions to establish the District and to add real property, the Act, and by law, and shall continue to exist and function for thirty (30) years following the effective date of Ordinance 050203.

Section 3. That the District shall annually submit its proposed budget, report and copies of written resolutions passed by the District’s board to the City pursuant to Section 67.1471, RSMo.

Section 4. That the City Manager is authorized to execute a second amendment to that certain cooperative agreement between District and City dated August 1, 2005, as previously amended by that certain first amendment dated September 20, 2010, whereby the City will commit a defined portion of the tax revenues generated within a defined area of the District for the purpose of funding public infrastructure improvements located within the boundaries of the District as herein expanded. The amendment is approved in substantial form as attached hereto.

_________________________________________________

 

Approved as to form and legality:

 

 

_____________________________

Brian T. Rabineau

Assistant City Attorney