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RESOLUTION NO. 050165
Determining that the Chouteau I-35 Tax Increment Financing
Plan is making satisfactory progress under the proposed time schedule for
completion of the projects therein.
WHEREAS, the Chouteau
I-35 Tax Increment Financing Plan was approved by the City Council on April 23,
1998, by Ordinance No. 980426; 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, to determine 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, after proper
notice, the Council held such public hearing; NOW, THEREFORE,
BE IT RESOLVED
BY THE COUNCIL OF KANSAS CITY:
That the Council
hereby determines that the Chouteau I-35 Tax Increment Financing Plan is making
satisfactory progress under the proposed time schedule contained within the
approved plan for completion of the projects therein.
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