COMMITTEE SUBSTITUTE FOR RESOLUTION NO. 120246, AS AMENDED

Expressing the intent of the City Council to develop and support a series of economic development and regulatory process improvements to support growth in the proposed Streetcar Transportation Development District Area.

WHEREAS, the City has decided to pursue development of a streetcar system in the Downtown area of Kansas City; and

WHEREAS, the City anticipates that a sales tax and special assessment on property within this district would be levied through the creation of a Transportation Development District (TDD); and

WHEREAS, the City desires to create a real estate environment within the TDD that supports transit oriented development (TOD) and transit oriented development practices; and

WHEREAS, the creation of TOD incentives and regulatory process improvements will foster growth and real estate development which will support pedestrian and transit traffic; NOW, THEREFORE,

BE IT RESOLVED BY THE COUNCIL OF KANSAS CITY:

Section 1. That the City Manager is directed to continue discussions on appropriate development incentives and regulatory process improvements to encourage development in the TDD Streetcar Corridor.

Section 2. That appropriate and effective development incentives and regulatory process improvements will include, but not be limited to: (1) enhanced and accelerated development permit review and approval processes, which include designation of sufficient staff to work on development projects in the TDD Streetcar Corridor; (2) granting of comprehensive development incentives in order to support and encourage investments in the TDD Streetcar Corridor, including timely approvals and a reduction in application costs and requirements; and (3) proactively utilize a development process that encourages small business development.

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