ORDINANCE NO. 030546
Amending
Ordinance No. 021285 by repealing Section 2 thereof and enacting in lieu
thereof a new section, revising the legal description for Project No. O of the
Shoal Creek Tax Increment Financing Plan.
WHEREAS,
the Council by Ordinance No. 54556 passed on November 24, 1982, and thereafter
repealed and amended in certain respects by Committee Substitute for Ordinance
No. 911076, as amended, passed on August 29, 1991, created the Tax Increment
Financing Commission of Kansas City, Missouri (the "Commission"); and
WHEREAS,
on November 10, 1994, the Council passed Ordinance No. 941443 which approved
the Shoal Creek Tax Increment Financing Plan (Redevelopment Plan) and
designated the Redevelopment Area as an economic development area; and
WHEREAS,
on October 2, 1997, the Council passed Ordinance No. 971310, which approved the
First Amendment to the Shoal Creek Tax Increment Financing Plan ("First
Amendment); and
WHEREAS,
on October 31, 2002, the Council passed Ordinance No. 021283, approving the
Second Amendment to the Shoal Creek Tax Increment Financing Plan (the Second
Amendment); and
WHEREAS,
the Redevelopment Plan, as amended, and Ordinance Nos. 941443, 971310 and
021283 contemplate the implementation of the Redevelopment Plan, as amended,
through 15 total Redevelopment Projects and the adoption of tax increment
financing in the areas selected for such Redevelopment Projects; and
WHEREAS,
on October 31, 2002, the Council passed Ordinance No. 021285, approving Project
No. O, the legal description of which requires revision; NOW, THEREFORE,
BE
IT ORDAINED BY THE COUNCIL OF KANSAS CITY:
Section
1. That Ordinance No. 021285 is hereby amended by repealing Section 2 and
enacting a new Section 2 in its place to read as follows:
Section 2. The area selected for
Project O, as modified by the Second Amendment, is legally described as
follows:
All that part of the South West Quarter of
Section 33, Township 52, Range 32 and all that part of North West Quarter of
Section 4, Township 51, Range 32 and all the South East Quarter of Section 32,
Township 52, Range 32 and all the North East Quarter of Section 5, Township 51,
Range 32, Kansas City, Clay County, Missouri, described as follows: Beginning
at the intersection of the east line of the South West Quarter of Section 33,
Township 52, Range 32 and the centerline of NE 96th Street; thence
north to the north east corner of the South West Quarter of Section 33,
Township 52, Range 32; thence west along the north line of the South West
Quarter of Section 33, Township 52, Range 32 and South East Quarter of Section
32, Township 52, Range 32 to the west line of South East Quarter of Section 32,
Township 52, Range 32; thence south along the west line of the South East
Quarter of Section 32, Township 52, Range 32 and North East Quarter of Section
5, Township 51, Range 32 to the south line of the North East Quarter of Section
5, Township 51, Range 32; thence east along the south line of the North East
Quarter of Section 5, Township 51, Range 32 and North West Quarter of Section
4, Township 51, Range 32 to the easterly right-of-way line of Interstate Route
435; thence northerly along the easterly right-of-way line of Interstate Route
435 to the centerline of NE 96th Street; thence east and south-easterly along
the centerline of NE 96th Street to the Point of Beginning.
is approved and designated as Project O of
the Shoal Creek Tax Increment Financing Plan, as amended, effective October 31,
2002 (the Original Effective Date). The actions of all City officials and
the Tax Increment Financing Commission of Kansas City, Missouri, in allocating,
paying, depositing, receiving and/or disbursing payments in lieu of taxes or
economic activity taxes for areas within the area described by this Ordinance,
which have been approved after the Original Effective Date, but prior to the
effective date of this ordinance, are hereby ratified and approved.
_________________________________________________________________
Approved
as to form and legality:
_______________________________________
Assistant
City Attorney