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