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Legislation #: 030338 Introduction Date: 3/13/2003
Type: Resolution Effective Date: 3/20/2003
Sponsor: COUNCILMEMBER FORD
Title: Expressing the intent of the Council to approve super TIF financing for the construction of public parking facilities developed in support of the 909 Walnut redevelopment project.

Legislation History
DateMinutesDescription
3/13/2003

Referred Planning, Zoning & Economic Development Committee

3/19/2003

Immediate Adoption

3/20/2003

Adopted


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RESOLUTION NO. 030338

 

Expressing the intent of the Council to approve super TIF financing for the construction of public parking facilities developed in support of the 909 Walnut redevelopment project.

 

WHEREAS, the Council in Ordinance No. 030256, passed ____________, 2003, approved the Third Amendment to the Tower Properties Tax Increment Financing Plan which includes the development of 909 Walnut and public parking (Project H); NOW, THEREFORE,

 

BE IT RESOLVED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That the Council hereby expresses its intent to appropriate 100% of the economic activity taxes, as defined by Section 99.845.3, generated by Project H of the Tower Properties Tax Increment Financing Plan for the purpose of supporting the public parking facility financing.

 

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