COMMITTEE SUBSTITUTE FOR RESOLUTION NO. 980705

Stating the intent of the City to expand the boundaries of the Claycomo Satellite Enterprise Zone to encourage additional investment by the Ford Motor Company at its Kansas City Assembly Facility.

WHEREAS, the Ford Motor Company has shown its commitment to the State of Missouri and the Kansas City area in particular by creating at the Kansas City Assembly Facility over 5,100 good-paying jobs with an annual payroll of almost $290 million; and

WHEREAS, the Kansas City Assembly Facility generates over $10.6 million annually in tax revenue to taxing jurisdictions while producing almost 420,000 vehicles annually; and

WHEREAS, the Ford Motor Company and its employees have further shown their commitment to the area by annually contributing $500,000.00 to the United Way and $640,000.00 to area community relations efforts; and

WHEREAS, the City of Kansas City, Missouri, has previously shown its support for the Ford Motor Company by designating in 1990 the Kansas City Assembly Facility in Claycomo as a Satellite Enterprise Zone to encourage investment by Ford Motor Company in a vehicle paint facility; and

WHEREAS, the City further supported Ford in 1994 by expanding the Claycomo Satellite Enterprise Zone to encourage investment in a truck assembly facility; NOW, THEREFORE,

BE IT RESOLVED BY THE COUNCIL OF KANSAS CITY:

That the Mayor and Council hereby recognize the significant economic impact of the Ford Motor Company Kansas City Assembly Facility to the areas economy and quality of life. The Mayor and Council further state the Citys intent to encourage further investment by Ford Motor Company at the Kansas City Assembly Facility by expanding the boundaries of the Claycomo Satellite Enterprise Zone to include additional property at Fords facility.

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