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Legislation #: 190954 Introduction Date: 11/7/2019
Type: Ordinance Effective Date: none
Sponsor: None
Title: Accepting the recommendations of the Tax Increment Financing Commission as to the Performing Arts Campus Tax Increment Financing Plan and denying the Performing Arts Campus Tax Increment Financing Plan.

Legislation History
DateMinutesDescription
11/7/2019 Filed by the Clerk's office
11/7/2019 Referred to Neighborhood Planning and Development Committee
11/13/2019 Hold Off Agenda

View Attachments
FileTypeSizeDescription
00214703.DOCX Other 20K fact sheet attachment
00214702.XLSX Fact Sheet 23K fact sheet

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ORDINANCE NO. 190954

 

Accepting the recommendations of the Tax Increment Financing Commission as to the Performing Arts Campus Tax Increment Financing Plan and denying the Performing Arts Campus Tax Increment Financing Plan.

 

WHEREAS, pursuant to the Real Property Tax Increment Allocation Redevelopment Act, Sections 99.800 to 99.865 of the Revised Statutes of Missouri, as amended, the City Council of Kansas City, Missouri by Ordinance No. 54556 passed on November 24, 1982, and thereafter amended in certain respects by Committee Substitute for Ordinance No. 911076, As Amended, passed on August 29, 1991, Ordinance No. 100089, As Amended, passed on January 28, 2010, Ordinance No. 130986, passed on December 19, 2013, and Committee Substitute for Ordinance No. 140823, passed on June 18, 2015, created the Tax Increment Financing Commission of Kansas City, Missouri (the "Commission"); and 

 

  WHEREAS, the Performing Arts Campus Tax Increment Financing Plan (the “Redevelopment Plan”) was proposed to the Commission; and

 

WHEREAS, after all proper notice was given, the Commission met in public hearing regarding the Redevelopment Plan on October 24, 2019, at which time, after receiving the comments of all interested persons and taxing districts, the Commission approved Resolution No. 10-20-19 ("Resolution") recommending to the City Council the denial of the Redevelopment Plan; and

 

WHEREAS, the Redevelopment Plan provides for the (i) construction of an approximately 123,600 square-foot, 13 story hotel that shall contain approximately 145 guest rooms, 9,500 square feet of restaurant space, a fitness center and a rooftop bar and (ii) renovation of a 35,238 square-foot space to be used as a performing arts rehearsal hall (collectively, the “Project Improvements”). The Plan further provides for the construction or reconstruction of such other public infrastructure improvements, which may consist of streetscape, signage, signaling, sidewalks and curbs and such other related public infrastructure improvements that support and enhance the Project Improvements (collectively, the “Public Improvements”); and

 

WHEREAS, the proposed redevelopment area described by the Plan is a non-contiguous area that is generally bounded by: (i) W. 16th Street on the north, Baltimore Avenue on the east, W. 17th Street on the south and an alley between Wyandotte Street and Baltimore Avenue on the west, and (ii) the I-35 ramp on the north, Broadway Boulevard on the east, W. 16th Street on the south and Washington Street on the west in Kansas City, Jackson County, Missouri (the “Redevelopment Area”); NOW, THEREFORE,

 

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That the recommendations of the Commission concerning the Redevelopment Plan as set forth in the Resolution are hereby accepted and the Redevelopment Plan, a copy of which is attached hereto, is hereby denied and the Redevelopment Projects contained therein are hereby rejected.

 

Section 2. That all terms used in this ordinance, not otherwise defined herein, shall be construed as defined in Section 99.800 to 99.865 of the Revised Statutes of Missouri, as amended (the “Act”).

 

_____________________________________________

 

Approved as to form and legality:

 

 

______________________________

Katherine Chandler

Assistant City Attorney