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Legislation #: 990633 Introduction Date: 5/6/1999
Type: Ordinance Effective Date: 5/30/1999
Sponsor: None
Title: Authorizing execution of a Second Amended Cooperative Agreement with the Tax Increment Financing Commission of Kansas City, Missouri, for the purpose of extending the time of performance to August 31, 1999, in order to assist in the completion of Broadway and Valentine public improvements in accordance with the Uptown Theatre Tax Increment Financing Plan; and directing the City Clerk to file certain documents with the appropriate offices.

Legislation History
DateMinutesDescription
5/6/1999

Prepare to Introduce

5/6/1999

Referred Planning, Zoning & Economic Development Committee

5/12/1999

Do Pass

5/13/1999

Assigned to Third Read Calendar

5/20/1999

Passed


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ORDINANCE NO. 990633

 

Authorizing execution of a Second Amended Cooperative Agreement with the Tax Increment Financing Commission of Kansas City, Missouri, for the purpose of extending the time of performance to August 31, 1999, in order to assist in the completion of Broadway and Valentine public improvements in accordance with the Uptown Theatre Tax Increment Financing Plan; and directing the City Clerk to file certain documents with the appropriate offices.

 

WHEREAS, the City Council in Ordinance No. 980086, passed January 29, 1998, authorized execution of a Cooperative Agreement between the City and the Tax Increment Financing Commission for public improvements on Broadway and Valentine Streets within the Uptown Redevelopment Project Area; and

 

WHEREAS, the City Council in Ordinance No. 981041, passed September 10, 1998, authorized execution of a First Amended Cooperative Agreement between the City and the Tax Increment Financing Commission for public improvements on Broadway and Valentine Streets within the Uptown Redevelopment Project Area; NOW, THEREFORE,

 

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That the Director of the Department of City Development is hereby authorized, on behalf of the City, to execute a Second Amended Cooperative Agreement with the Tax Increment Financing Commission of Kansas City, Missouri, for the purpose of extending the time of performance to August 31, 1999, in order to assist in the completion of Broadway and Valentine public improvements in accordance with the Uptown Theatre Tax Increment Financing Plan. A copy of the Second Amended Cooperative Agreement, in substantial form, is attached hereto and is hereby approved.

 

Section 2. That the City Clerk is hereby directed to file a copy of the Second Amended Cooperative Agreement, together with a copy of this ordinance, in the office of the Department of Records of Jackson County, Missouri, and with the Secretary of State of Missouri.

 

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Approved as to form and legality:

 

 

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Assistant City Attorney