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"8   (   (   (    (   ( !8  (   !8  8   (    (      (  (  (  (@  ( @  (  (  (  (@ @  (@  (@  (  `General P1_;8 P2_;:s  ;u8jb(3  @@  JEGENERAL Brief TitleApproval DeadlineReasonDetailsPositions/RecommendationsReason for LegislationSponsor Programs, Departments, or GroupsAffected Applicants / Applicant ProponentsCity DepartmentOther OpponentsGroups or IndividualsBasis of oppositionStaffRecommendationXForAgainstReason AgainstBoard or CommissionBy No action taken!For, with revisions or conditions#(see details column for conditions)CouncilCommittee ActionsDo passDo pass (as amended)Committee Sub.Without RecommendationHold Do not pass(Continued on reverse side)Policy/Program ImpactPolicy or ProgramChangeNoYes Operational Impact AssessmentFinancesCost & RevenueProjections --Including IndirectCostsFinancial ImpactFund Source (s)and Appropriation Account CodesApplicable Dates: Fact Sheet Prepared by: Reviewed by:X TAX CREDIT AGREEMENT Fact SheetReference Numbers:Ordinance Number HARVESTERS%Robert Langenkamp, Assistant Director h:\edp\mh\Harvesters\AgmtFactshtJ pA[UoGa+Ecc   v&0F:>  dMbP?_*+%D9&333333?'?(?)?MHP LaserJet 2100 Series PS (MSS oZ,,LetterPRIV0''''\KhCjX "Z,,??U} U} } }  } } } } *} } } *} } } }  v(@V@!@@ ?@ @@ @ @ @ @ @C@@@@@@@@ @!@@@@@@@@@ &V S? g = A&     fB" X>"!!!!!!!!!!!! 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[  [ [R\+\2?\,]+]2? ]  ],^+"^2?[\\]]\\\\,_+"_2c^^^^^^^^^_D& l00F<<000000FF@<<(0B0(((0<<<@(60`@a@b@c@d@e@f@g@ h@i@j@k@l@m@n@o@pq@r,s,u`+"`2d\\\]]\\\\`a+"a2d\\\]]\\\\`b+"b2d\\\]]\\\\`c+"c2d\\\]]\\\\`d+"d2d\\\]]\\\\`e+"e2d\\\]]\\\\`f+"f2d\\\]]\\\\`&g9::;eaaaaaaaaabhh  i:i>j>k> l;l>m>n>o> q<q>rY rYC r s@s> uZD.V0000000*   (   (    >t; @Text 27@]t; R <Discussion (explain all financial aspects of the proposed legislation, including future implications, any direct/indirect costs, specific account numbers, ordinance references, and budget page numbers.)<7    >Tt; @Text 3-`]Tt;R   >_; @Text 47]_; R   >_; @Text 56;gP]_; R   >,`; @Text 67],`;0 R <Discussion (explain all financial aspects of the proposed legislation, including future implications, any direct/indirect costs, specific account numbers, ordinance references, and budget page numbers.)<7    >|`; @Text 7$]|`;` R e<fAuthorizing the Director of City Development to execute a tax credit agreement with the Missouri Development Finance Board [MDFB] and Harvesters - The Community Food Network for the issuance of tax credits and the acceptance of private contributions for the acquisition and renovation of their facility located at 3801 Topping Avenue, Kansas City, Missouri.<e  >`; @Text 87]`;R <City Council Resolution No. 040630 authorized an application to the MDFB for the issuance of state tax credits in an amount not to exceed $1,500,000.00 to support fundraising efforts by Harvesters for the acquisition and renovation of a food storage and distribution facility. The MDFB approved the application and granted tax credits in the amount of $682,000.00. This ordinance authorizes the City Manager to execute a Tax Credit Agreement (attached) on behalf of the City. The MDFB sets up these agreements as three-party contracts with the local jurisdiction and the receiving entity. The only responsibility of the City is to make the findings identified in Section 2 of the Ordinance.<    >a; @Text 96;gP] a;R    Fla;  @Text 10U'] la;R 0<1Tom Coyle, Director, City Development Department<0   @a; @Text 11 @ ] a;0R <City Development Department <oman   @ b; @Text 12]  b;`R <City Planning and Development<   @\b; @Text 13U5] \b;R  < None Known<=   @; @Text 14Lp5Pp];R <None<  @Ќ; @Text 15UXP-\]Ќ;R <None<  F ;  @Text 16mto] ; R +<,Michaela M. Hunter, Development Specialist <+  @p; @Text 17B-H]p;`R <None<om  F;  @Text 18x];R <City Planning and Development<  @; @Text 19R0bW];R <None<||  s :`; @Text 20_Pg]`;R 5<6Is the Ordinance or Resolution Good for the Children?< 5||  s :; @Text 21_Pgp]; R <Yes. <>g@uuu????m@o@pqP(P 08P(PuuP(Ps 0x 0d 0>0K 0T'P 0'P 0'P&aoT 0^@" 0qq      7 Oh+'0 PXl  Patti NollMichaela HunterMicrosoft Excel@u^@6>@cGx3[      '' ' -  -- @ !-55- @ !5-KK- @ !K-^^- @ !^-pp- @ !p-- @ !-- @ !-- @ !-- @ !-- @ !-- @ !-- @ !-- @ !-- @ !-""- @ !"-- @ !-- @ !-bb- @ !b-mm- @ !m-- @ !-  @ !- -- @ !-- @ !-Times New Roman-  2 " 1  2 ; 2  2 O 3  2 _ 4  2 r 5  2 6  2 7  2 8  2 9  2 10 2 11 2 12 2 "A 2 WB  2 C  2 D 2 eE  2 F "System5-'-  Arial- 2 GENERAL Arial--'- K6 2 6 Fact Sheet   Arial- -'-  Km6 2 8X  Arial- -'-   2 <pOrdinance Number 2 ` Brief Titleu!2 `Approval Deadline2 `pReasonTimes New Roman- 2 r% HARVESTERS  %2 %TAX CREDIT AGREEMENT      - 2 Details-'-  n -2 pPositions/Recommendations -'-   (2 %Reason for Legislation2 pSponsor2 p Programs,S 2 p Departments, 2 p or Groupst-'-  -   @ !zo @ !o-- @ !z-c- @ !-- @ !z @ !I-- @ ![-bb- @ ![b-mm- @ ![m-- @ ![ @ !om-m- @ !m-m- @ !m @ !m-n- @ !n- -'-   ,- - $''XX'-- '- - --  -- -- ,- - $&&e\e\&-- '- - --  -- dY)------------------------- [2 )8Authorizing the Director of City Development to execute    W2 )5a tax credit agreement with the Missouri Development t     U2 )4Finance Board [MDFB] and Harvesters - The Community    W2 )5Food Network for the issuance of tax credits and the t  [2 )8acceptance of private contributions for the acquisition ]2 #)9and renovation of their facility located at 3801 Topping 42 4)Avenue, Kansas City, Missouri.   -' -- , --' - -- @ !-- @ !-''՜.+,0HP X`hp x  GeneralP1_P2_General!Print_Area  Worksheets Named Ranges  !"#$%&'()*+,./0123456789:;=>?@ABCRoot Entry FWorkbook6YSummaryInformation(-DocumentSummaryInformation8<