COMMITTEE SUBSTITUTE FOR RESOLUTION NO. 080912

Approving and endorsing Power House Properties KC, LLC, and The Kansas City Ballet Association in their application to the Missouri Department of Economic Development Brownfields Redevelopment Program, as authorized by, and in accordance with, Chapter 447, Section 447.700, subsection (1) of the Revised Statutes of Missouri, for state remediation tax credits.

WHEREAS, the Mayor and City Council have established a Brownfields Commission to facilitate the clean-up and redevelopment of contaminated properties within the City; and

WHEREAS, Power House Properties KC, LLC, and The Kansas City Ballet Association (collectively Applicant) has proposed a Brownfields Redevelopment Project to renovate the currently vacant Union Station electric generating station building located at 500 West Pershing Road, in Jackson County, Kansas City, Missouri, on behalf of the Kansas City Ballet Association, for use as a new ballet school and administrative office; and

WHEREAS, Applicant has applied to the Missouri Department of Economic Development for remediation tax credits pursuant to the Missouri Brownfield Redevelopment Program; and

WHEREAS, on August 26, 2008 in a public meeting the Brownfields Commission did resolve and recommend that the City Council endorse Applicant in the application to the Missouri Department of Economic Development for remediation tax credits for this site; NOW, THEREFORE,

BE IT RESOLVED BY THE COUNCIL OF KANSAS CITY:

Section 1. That the Mayor and Council hereby endorse the application of Power House Properties KC, LLC, and The Kansas City Ballet Association to the Missouri Department of Economic Development for remediation tax credits pursuant to the Missouri Brownfields Redevelopment Program, as authorized by, and in accordance with, Chapter 447, Section 447.700, subsection (1) of the Revised Statutes of Missouri, a copy of which is attached hereto and made a part hereof.

Section 2. That the Director of the Department of City Development is hereby authorized to execute the Local Government Endorsement form of the application of Power House Properties KC, LLC, and The Kansas City Ballet Association to the Missouri Department of Economic Development.

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