KC Skyline

City Clerk Web Search

Search the Ordinances:

Legislation #: 060634 Introduction Date: 6/8/2006
Type: Ordinance Effective Date: none
Sponsor: None
Title: Authorizing execution of a Cooperative Agreement with the Tax Increment Financing Commission of Kansas City, Missouri, for the purpose of administering the Midtown Housing Program of the Midtown Redevelopment Tax Increment Financing Plan.

Legislation History
DateMinutesDescription
6/6/2006 Filed by the Clerk's office
6/8/2006 Referred to Planning, Zoning & Economic Development Committee
6/14/2006 Advance and Do Pass, Debate
6/15/2006 Passed

View Attachments
FileTypeSizeDescription
060634.pdf Authenticated 72K Authenticated
Midtown TIF Housing Fact sheet.xls Fact Sheet 35K FACT SHEET

Printer Friendly Version

ORDINANCE NO. 060634

Authorizing execution of a Cooperative Agreement with the Tax Increment Financing Commission of Kansas City, Missouri, for the purpose of administering the Midtown Housing Program of the Midtown Redevelopment Tax Increment Financing Plan.

WHEREAS, the City adopted Committee Substitute for Ordinance No. 001466, As Amended, which provides for a housing program to be implemented in connection with the Midtown Redevelopment Tax Increment Financing Plan; and

WHEREAS, pursuant to Committee Substitute for Ordinance No. 001466, As Amended, the Third Amendment to the Midtown Redevelopment Tax Increment Financing Plan provides that the City will administer the Midtown Housing Program; and

WHEREAS, pursuant to Committee Substitute for Resolution No. 010668, the City declared its intent to execute a contract with the Tax Increment Financing Commission of Kansas City, Missouri, for the operation of the program and the current contract has expired; NOW, THEREFORE,

 BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

Section 1. That the Director of the Department of City Development is hereby authorized to execute a Cooperative Agreement, on behalf of the City, with the Tax Increment Financing Commission of Kansas City, Missouri, for the purpose of administering the Midtown Housing Program approved as part of the Third Amendment to the Midtown Redevelopment Tax Increment Financing Plan, for a period from July 1, 2006 to June 30, 2007. A copy of the Cooperative Agreement, in substantial form, is attached hereto and is hereby approved.

________________________________________________________

Approved as to form and legality:

 

 

________________________________

Heather A. Brown

Assistant City Attorney