ORDINANCE NO. 030558

Approving a General Development Plan for the 41st & Paseo Redevelopment Planning Area for an area of approximately 7.15 acres generally bounded by E. 41st Street, The Paseo, Wayne Avenue, and E. 42nd Street, declaring the area included in such plan to be a blighted area, insanitary or undeveloped industrial area and its redevelopment necessary and approving the ad valorem tax benefits.

WHEREAS, the Planned Industrial Expansion Authority of Kansas City, Missouri did prepare or cause to be prepared a General Development Plan for the 41st & Paseo Redevelopment Planning Area and recommended that the Council approve the finding of blight and approve the General Development Plan for the area; and

WHEREAS, the City Plan Commission has reviewed and recommended approval of the finding of blight and of the General Development Plan for the 41st & Paseo Redevelopment Planning Area on April 15, 2003, as evidenced by its resolution and has found said plan to be in conformance with the general plan for the development of the community as a whole, a copy of which resolution is attached hereto and incorporated herein by reference as Exhibit "A"; and

WHEREAS, Section 100.400, RSMo, authorizes the Council to approve a general development plan and a designation of blight if the Council finds that the plan is feasible and in conformity with the general plan for the development of the community as a whole; and

WHEREAS, the Council has determined that ad valorem tax exemption benefits as authorized in Section 100.570, RSMo, are necessary to attract developers in the area; NOW, THEREFORE,

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

Section 1. That the Council declares the area of approximately 7.15 acres generally bounded by E. 41st Street on the north, The Paseo on the west, Wayne Avenue on the east and E. 42nd Street on the south, and more specifically described as follows:

In Kansas City, Missouri, parts of Section 21, Township 49, Range 33: Beginning at the intersection of the south line of E. 41st Street with the east line of The Paseo and proceeding south along said east line of The Paseo to its intersection with the north line of E. 42nd Street, then east along said line to its intersection with the west line of Wayne Avenue, then north along said line to the south line of E. 41st Street, then west along said line to its intersection with The Paseo and the point of beginning.

to be a blighted, insanitary or undeveloped industrial area in need of industrial development as defined in Section 100.310, RSMo, which constitutes an economic or social liability or a serious and growing menace, which is injurious to the public health, safety, morals, economy and welfare of the residents of Kansas City, and finds that the elimination or prevention of the detrimental conditions in such area by the commercial development of such area is necessary and in the interest of the

public health, safety, morals, economy and welfare of such residents.

Section 2. That the General Development Plan for the 41st & Paseo Redevelopment Planning Area being that area of approximately 7.15 acres generally bounded by E. 41st Street on the north, The Paseo on the west, Wayne Avenue on the east and E. 42nd Street on the south is hereby approved. A copy of said plan which is attached hereto and incorporated herein by reference as Document No. 030558, and is on file in the office of the City Clerk, is hereby approved.

Section 3. That the Council has duly made the findings necessary for compliance with Section 100.300-100.620, RSMo.

Section 4. That said General Development Plan is hereby found to be feasible and in conformance with the general plan for the development of the community as a whole.

Section 5. That the ad valorem tax exemption benefits as authorized in Section 100.570, RSMo, are hereby extended to the plan area to the extent and in the manner as provided for in said General Development Plan.

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I hereby certify that as required by Chapter 100, RSMo, as amended, all public notices have been given and public hearings held, as required by law.

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Secretary, City Plan Commission

Approved as to form and legality:

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Assistant City Attorney