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Legislation #: 160447 Introduction Date: 6/9/2016
Type: Ordinance Effective Date: none
Sponsor: None
Title: Accepting and approving the recommendation of the Tax Increment Financing Commission of Kansas City, Missouri, as to the Fifth Amendment of the Downtown Library Tax Increment Financing Plan; estimating and appropriating the sum of $5,300 for purposes of assisting the Veteran’s Community Project; designating requisitioning authority; and directing the City Clerk to transmit copies of this ordinance.

Legislation History
DateMinutesDescription
6/8/2016 Filed by the Clerk's office
6/9/2016 Referred to Planning, Zoning & Economic Development Committee
6/15/2016 Do Pass
6/16/2016 Assigned to Third Read Calendar
6/23/2016 Councilmember Taylor (Second by Fowler) Move to Amend
6/23/2016 Passed as Amended

View Attachments
FileTypeSizeDescription
160447.pdf Authenticated 124K 160447 Authenticated
160447 Color compared.pdf Compared Version 21K 160447 Ammended Color Compared
160447 Plan.pdf TIF Plan 149K RIF Plan
160447 Staff Report.pdf Staff Report 180K Staff Report
160447 Fact Sheet.pdf Fact Sheet 305K Fact Sheet

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ORDINANCE NO. 160447, AS AMENDED

 

Accepting and approving the recommendation of the Tax Increment Financing Commission of Kansas City, Missouri, as to the Fifth Amendment of the Downtown Library Tax Increment Financing Plan; estimating and appropriating the sum of $5,300 for purposes of assisting the Veteran’s Community Project; designating requisitioning authority; and directing the City Clerk to transmit copies of this ordinance.

 

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 “Act”), the City Council of Kansas City, Missouri created the Tax Increment Financing Commission of Kansas City, Missouri (the "Commission"); and

 

WHEREAS, the Commission recommended approval of the Downtown Library District Tax Increment Financing Plan (the “Redevelopment Plan”), and the Redevelopment Plan was approved by Ordinance No. 021400 on November 26, 2002; and

 

WHEREAS, the Redevelopment Plan has previously been amended four times by Ordinance No. 040196, Ordinance No. 051526, Committee Substitute for Ordinance No. 150151, and Ordinance No. 150989; and

 

WHEREAS, the Commission has been duly constituted and its members appointed; and, after all proper notice was given, the Commission met in public hearing and after receiving the comments of all interested persons and taxing districts with respect to the Redevelopment Plan, closed said public hearing on May 11, 2016, and adopted its Resolution No. 5-17-16 (the “Resolution”) recommending to the City Council the approval of the Fifth Amendment of the Redevelopment Plan; and

 

WHEREAS, implementation of the Fifth Amendment will result in a distribution of a certain portion of accumulated PILOTS within the Special Allocation Fund, and the City will receive a portion of such distribution; and

 

WHEREAS, the Veterans Community Project is a nonprofit organization created to house homeless veterans in tiny houses; and

 

WHEREAS, Veterans Village is a four-acre village located on a Land Trust parcel in Kansas City at 89th and Troost, that will ultimately provide a community of such tiny houses; and

 

WHEREAS, the housing of veterans and the remediation of homelessness serve a public purpose which the City desires to advance by providing financial assistance that, together with private contributions, will provide funding for the City to sponsor the construction of a tiny house; NOW, THEREFORE,

 

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That the Fifth Amendment of the Downtown Library Tax Increment Financing Plan is hereby approved.

 

Section 2. All terms used in this ordinance, not otherwise defined herein, shall be construed as defined in the Real Property Tax Increment Allocation Redevelopment Act, Sections 99,800 to 99.865, RSMo.

 

Section 3. The City Council hereby finds that good cause has been shown for the amendment of the Redevelopment Plan and that the findings of the Council in Ordinance Nos. 021400, 040196, 051526, 150151 and 150989, are not affected by the Fifth Amendment and apply equally to the Fifth Amendment.

 

Section 4.  That the revenue in the following account is hereby estimated in the following amount:

 

17-2570-120000-450980  Surplus PILOTs   $5,300.00

 

Section 5.  That the sum of $5,300.00 is hereby appropriated to the following account:

 

17-2570-648504-B-64017102   Veterans Community Project $5,300.00

 

Section 6.  That the Director of City Planning and Development is designated as requisitioning authority for Account No. 17-2570-648504.

 

Section 7.  That the City Clerk shall send a copy of this ordinance to the County Clerk and County Executive of Jackson County, Missouri.

 

_____________________________________________

 

I hereby certify that there is a balance, otherwise unencumbered, to the credit of the appropriation to which the foregoing expenditure is to be charged, and a cash balance, otherwise unencumbered, in the treasury, to the credit of the fund from which payment is to be made, each sufficient to meet the obligation hereby incurred.

 

________________________________

Randall J. Landes

Director of Finance

 

Approved as to form and legality:

 

 

________________________________

Brian T. Rabineau

Assistant City Attorney