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Legislation #: 070623 Introduction Date: 5/24/2007
Type: Resolution Effective Date: 5/31/2007
Sponsor: COUNCILMEMBER FUNKHOUSER
Title: Establishing a task force to develop and recommend an economic development and incentive policy for the City.

Legislation History
DateMinutesDescription
5/22/2007 Filed by the Clerk's office
5/24/2007 Referred to Finance and Audit Committee
5/30/2007 Immediate Adoption as a Committee Substitute
5/31/2007 Councilmember Hermann Move to Amend
5/31/2007 Adopted as Substituted and Amended

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COMMITTEE SUBSTITUTE FOR RESOLUTION NO. 070623, AS AMENDED

 

Establishing a task force to develop and recommend an economic development and incentive policy for the City.

 

WHEREAS, on August 8, 2006, the voters of Kansas City adopted a new charter for the City of Kansas City, Missouri; and

 

WHEREAS, Section 807 of the Charter requires that the City enact by ordinance a policy which reflects best practices for the prudent use of economic incentives; and

 

WHEREAS, the Council has initiated the process of developing an economic development and incentive policy and public hearings are planned in the near future to consider and finalize the policy; and

 

WHEREAS, the City Manager plans to hire a consultant to outline components of an incentive and development policy; produce a policy development framework; report on issues to address and best practices; draft a policy and seek feedback from city decision-makers; produce a strategy to implement a policy and measure effectiveness; and present a final policy to city decision-makers; and

 

WHEREAS, the Council wishes to establish a citizens task force on economic development and incentives to obtain the input of the stakeholders in economic development in the community; NOW, THEREFORE,

 

BE IT RESOLVED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That the Mayor and Council hereby establish a task force on the economic development and incentives to develop and recommend an economic development and incentive policy for the City. The task force will have the following composition:

 

  1. Six members of the City Council, with one from each district.
  2. Fourteen members to be appointed by the Mayor, including one designated as chair and one designated as vice-chair;

 

Section 2. That the task force shall work with the Citys consultant on the policy and shall make recommendations on the following matters:

 

  1. Goals and criteria to define the economic benefit both to the government and entities receiving the incentives;
  2. Conditions under which incentives are to be granted;
  3. Actions taken should actual benefits differ from planned benefits;
  4. Methods to measure and compare established goals and criteria; and
  5. Other issues identified by the task force.

 

Section 3. That the City Manager shall provide staff to the task force.

 

Section 4. That the task force shall report to the Council its recommendations regarding the economic development and incentive policy by August 30, 2007.

 

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