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Legislation #: 071287 Introduction Date: 11/22/2007
Type: Ordinance Effective Date: 12/9/2007
Sponsor: COUNCILMEMBER JOHNSON
Title: Authorizing the execution of a First Amendment of the Funding and Acquisition Agreement among the City, the Tax Increment Financing Commission of Kansas City, Missouri, and J. E. Dunn Construction Company.

Legislation History
DateMinutesDescription
11/20/2007 Filed by the Clerk's office
11/20/2007 Referred to Finance and Audit Committee
11/28/2007 Advance and Do Pass, Debate
11/29/2007 Passed

View Attachments
FileTypeSizeDescription
071287.pdf Authenticated 44K Authenticated
Amended JED Fund Acq Factsheet.xls Fact Sheet 68K Fact Sheet
Amended Funding Acquisition Agrmt.DOC Agreement 56K Agreement Doc

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ORDINANCE NO. 071287

 

Authorizing the execution of a First Amendment of the Funding and Acquisition Agreement among the City, the Tax Increment Financing Commission of Kansas City, Missouri, and J. E. Dunn Construction Company.

WHEREAS, the City, the Tax Increment Financing Commission of Kansas City, Missouri, (Commission) and J. E. Dunn Construction Company have previously entered into that certain Funding and Acquisition Agreement dated December 28, 2006 (the Funding Agreement); and

 

WHEREAS, the parties desire to modify the Funding Agreement to clarify the responsibilities of the parties for the payment of certain acquisition costs and certain other matters relating to the construction of the project and acquisition of other properties within East Village; NOW, THEREFORE,

 

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That the City Manager is hereby authorized to execute a First Amendment of the Funding and Acquisition Agreement among the City, the Tax Increment Financing Commission of Kansas City, Missouri, and J. E. Dunn Construction Company. The amendment is approved in substantial form as that on file in the office of the City Manager.

 

______________________________________________

 

Approved as to form and legality:

 

 

______________________________

Heather A. Brown

Assistant City Attorney