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Legislation #: 051339 Introduction Date: 11/3/2005
Type: Resolution Effective Date: none
Sponsor: None
Title: Determining that the Summit Tax Increment Financing Plan is making satisfactory progress under the time schedule proposed within the plan for completion and receiving the 10 year report.

Legislation History
DateMinutesDescription
11/1/2005 Filed by the Clerk's office
11/3/2005 Referred to Planning, Zoning & Economic Development Committee
11/30/2005 Immediate Adoption
12/1/2005 Adopted

View Attachments
FileTypeSizeDescription
051339.pdf Authenticated 58K Authenticated
Summsit TIF - 10-Yr. Rpt - Fequest For Resolution (00055017).DOC Other 42K resolution request
Summit TIF - Ten Year Status Report (00048215).DOC Other 42K status report
Summit TIF - 10-Year Progress Report - Staff Report (00052910-2).DOC Staff Report 33K staff report
Summit TIF - 10 - Yr Progress Report - Ordinance Fact Sheet (00054402).DOC Fact Sheet 42K fact sheet

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RESOLUTION NO. 051339

 

Determining that the Summit Tax Increment Financing Plan is making satisfactory progress under the time schedule proposed within the plan for completion and receiving the 10 year report.

 

   WHEREAS, the Summit Tax Increment Financing Plan was approved by the Council by passage of Committee Substitute for Ordinance No. 951016 on August 31, 1995 and subsequently amended by Ordinance No. 001035 on August 10, 2000, Ordinance No. 011653, on December 13, 2001, Ordinance No. 011688, on December 13, 2001, Ordinance No. 030632 on June 5, 2003, Ordinance No. 040665 on June 24, 2004, Ordinance No. 050316 on March 24, 2005 and Ordinance No. 051116 on September 29, 2005; 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, the Tax Increment Financing Commission has submitted its second five year status report; and

 

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

 

BE IT RESOLVED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That the Council hereby receives the 10 year report and determines that the Summit Tax Increment Financing Plan is 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 99.365.3, the required notices were published and the required hearing was held.

 

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