RESOLUTION NO. 021455

Declaring the Citys support for the private development of a nine acre parcel owned by the Housing Authority in the Columbus Park area, and encouraging the Housing Authority to sell the property to the City to facilitate its development.

WHEREAS, the historic Columbus Park neighborhood possesses unique characteristics that create the potential for the success of a quality residential and retail development planned for the neighborhood; and

WHEREAS, on May 1, 1997, the City of Kansas City, Missouri (the City), the Housing Authority of Kansas City, Missouri (HAKC) and the Guinotte Manor Tenants Association, Inc. (GMTA) entered into a cooperative agreement (the Agreement); and

WHEREAS, under the terms of the Agreement, the parties determined that a nine (9) acre parcel owned by the HAKC (the HAKC Property) should be privately developed; and

WHEREAS, the parties to the Agreement desire to see the HAKC Property privately developed in conjunction with an adjacent thirteen (13) acres of privately owned land in the Columbus Park neighborhood (the 13 Acres) pursuant to the Columbus Park Urban Development Concept Plan; and

WHEREAS, it has been the stated intention of the HAKC and GMTA to cooperate with the private development Phase III and the 13 Acres (collectively, the Project Area); and

WHEREAS, representatives from the City, HAKC and GMTA have engaged in lengthy negotiations to determine the manner in which the Project Area will be privately developed; NOW, THEREFORE,

BE IT RESOLVED BY THE COUNCIL OF KANSAS CITY:

Section A. That the City shall support all of the parties to the Agreement committing to a process whereby a local development authority may proceed with implementing a private development plan for the Project Area.

Section B. That the City shall encourage the HAKC to transfer the HAKC Property to the City for fair market value so as to facilitate the inclusion of the HAKC Property in the Project Area.

________________________________________________________