ORDINANCE NO. 980925

Approving the First Amendment to the Development Plan submitted by the 63rd and Troost Redevelopment Corporation generally located at the northeast corner of 63rd Street and Troost Avenue; declaring the additional area included in such plan to be a blighted area and its redevelopment necessary for the preservation of the public peace, prosperity, health, safety, morals and welfare; authorizing the Director of Finance to enter into a First Supplemental Contract with the 63rd and Troost Redevelopment Corporation; and authorizing certain tax abatement for the additional area with the plan. (Case No. 501-S-1)

WHEREAS, the 63rd and Troost Redevelopment Corporation, an urban redevelopment corporation of Missouri, organized under and pursuant to the Urban Redevelopment Corporations Law, as amended, did on March 3, 1997, file with the City Clerk an application for approval of a Development Plan, which was approved by the City Council by Second Committee Substitute for Ordinance No. 971048, passed November 6, 1997; and

WHEREAS, the 63rd and Troost Redevelopment Corporation did on May 8, 1998, file with the City Clerk an application for approval of a First Amendment to the Development Plan; and

WHEREAS, the First Amendment proposes to add a small additional area directly north and adjacent to the plan area located on Troost Avenue to the Development Plan; and

WHEREAS, the City Clerk did refer the First Amendment to the Development Plan to the City Plan Commission; and

WHEREAS, the City Plan Commission did cause notice to be published in the Daily Record, a newspaper doing the City's printing on June 22, 1998, such date being not less than ten (10) days prior to the date set for the hearing; and

WHEREAS, the City Plan Commission did hold a public hearing on the First Amendment on July 7, 1998, at which time all interested persons were given an opportunity to be heard; and

WHEREAS, the City Plan Commission has made an independent study and investigation of the First Amendment and did recommend approval of the First Amendment to the Development Plan and did submit a report on the same, a copy of which is attached hereto and incorporated herein by reference as Exhibit "A"; NOW, THEREFORE,

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

Section 1. That the application of the 63rd and Troost Redevelopment Corporation for approval of a First Amendment to the Development Plan, filed with the City Clerk, and amended in accordance with recommendations of the City Plan Commission, is hereby incorporated herein by reference and approved as a First Amendment to the Development Plan as originally approved by Second Committee Substitute for Ordinance No. 971048, passed November 6, 1997. A copy of the application is on file in the office of the City Clerk under Document No. 980925 which is attached hereto and incorporated herein by reference.

Section 2. That the Council finds and declares that good cause has been shown for the approval of the First Amendment to the Development Plan of the 63rd and Troost Redevelopment Corporation and that the findings and declarations made by the Council in Sections 2, 4 and 5 of Second Committee Substitute for Ordinance No. 971048, with respect to the Development Plan of the 63rd and Troost Redevelopment Corporation, have not been affected by the amendments thereto and equally apply to said Development Plan, as amended. Further, the Council finds and declares that the additional area being described in the First Amendment to the Development Plan submitted by the 63rd and Troost Redevelopment Corporation is a blighted area as defined by Section 353.020(2), Revised Statutes of Missouri, and Section 74-4, Code of Ordinances of the City of Kansas City, Missouri, and the redevelopment thereof is necessary for the public convenience and necessity; and that the approval of the First Amendment to the Development Plan and the construction of the redevelopment project are necessary for the preservation of the public peace, prosperity, health, safety, morals and welfare.

Section 3. That the Council hereby finds and determines that the public convenience and necessity will be served by the Development Plan, as amended.

Section 4. That the Director of Finance be, and she is hereby, authorized and directed on behalf of the City to enter into a First Supplemental Contract with the 63rd and Troost Redevelopment Corporation, a copy of which in substantial form is attached hereto as Exhibit "B" and which is hereby incorporated herein by reference.

Section 5. That the 63rd and Troost Redevelopment Corporation is hereby granted tax abatements on land and improvements for the additional area included in the plan area in the First Amendment as provided in Exhibit B.

_____________________________________________

I hereby certify that all public notices and hearings required by Chapter 74, Code of Ordinances, have been given and had.

_____________________________________

Secretary, City Plan Commission

Approved as to form and legality:

_____________________________________

Assistant City Attorney