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Legislation #: 070463 Introduction Date: 4/12/2007
Type: Ordinance Effective Date: none
Sponsor: COUNCILMEMBER GLOVER
Title: Repealing Section 1 of Committee Substitute for Ordinance No. 070140, relating to the Third Amendment to the Southtown Corridor/31st _ Baltimore Tax Increment Financing Plan and enacting in its place a new section, revising the budget for the Third Amendment; requesting that Tax Increment Financing Commission of Kansas City, Missouri, consider the matter of the Main Street Improvement Area and report its recommendations to the Council.

Legislation History
DateMinutesDescription
4/13/2007 Filed by the Clerk's office
4/12/2007 Referred to Planning, Zoning & Economic Development Committee
4/18/2007 Hold On Agenda (4/25/2007)
4/25/2007 Hold Off Agenda
1/20/2015 Release
1/14/2015 Release
2/2/2015 Released

View Attachments
FileTypeSizeDescription
070463 Budget.xls Other 99K Budget
070463 Hearing Notice.pdf Public Hearing Notice 85K Public Hearing Notice
070463 Third TIF Amendment.pdf TIF Plan 263K TIF Plan Amendment

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ORDINANCE NO. 070463

 

Repealing Section 1 of Committee Substitute for Ordinance No. 070140, relating to the Third Amendment to the Southtown Corridor/31st & Baltimore Tax Increment Financing Plan and enacting in its place a new section, revising the budget for the Third Amendment; requesting that Tax Increment Financing Commission of Kansas City, Missouri, consider the matter of the Main Street Improvement Area and report its recommendations to the Council.

 

WHEREAS, the Council passed Committee Substitute for Ordinance No. 070140, approving the Third Amendment to the Southtown Corridor/31st & Baltimore Tax Increment Financing Plan on February 8, 2007; and

 

WHEREAS, the Council has determined that a section of the Third Amendment should be deleted from the amendment approved by the Council because the Council does not have sufficient information regarding the statutory but for requirement in Section 99.810.1(1), RSMo; NOW, THEREFORE,

 

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

Section A. Section 1 of Committee Substitute for Ordinance No. 070140 is hereby repealed and a new section 1 is enacted in its place, to read as follows:

Section 1. The Third Amendment to the Redevelopment Plan as previously approved in Committee Substitute for Ordinance No. 070140 is hereby approved and adopted as valid and the Redevelopment Projects contained therein are hereby authorized, provided, the Budget for the Third Amendment is hereby stricken and a new budget approved to read as in the Attachment 1 to this ordinance.

Section B. That the Tax Increment Financing Commission of Kansas City, Missouri, is requested to consider the matter of the proposed improvements and budget for the Main Street Improvement Area and make a recommendation regarding these matters, including whether it meets the statutory requirements, to the Council.

______________________________________________________

 

Approved as to form and legality:

 

 

______________________________

Heather A. Brown

Assistant City Attorney