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Legislation #: 120042 Introduction Date: 1/12/2012
Type: Ordinance Effective Date: 5/27/2012
Sponsor: COUNCILMEMBERS DAVIS, WAGNER AND FORD
Title: Authorizing the City Manager to execute a Settlement Agreement with Clay County, Missouri resolving disputes related to funds for roads and bridges.

Legislation History
DateMinutesDescription
1/11/2012 Filed by the Clerk's office
1/12/2012 Referred to Finance & Transportation Joint Committee
1/19/2012 Hold On Agenda (2/9/2012)
4/4/2012 Hold Off Agenda
5/10/2012 Do Pass as a Committee Substitute
5/10/2012 Assigned Third Read Calendar as Substituted
5/17/2012 Passed as Substituted

View Attachments
FileTypeSizeDescription
120042.pdf Authenticated 78K AUTHNETICATED
Settlement Agree K.C. 5.8.12 clean ver.docx Agreement 36K Settlement Agreement [revised
120042 fact sheet.doc Fact Sheet 44K Comm Sub Fact Sheet [entered 5/8/12]
http://kansascity.granicus.com/ViewSearchResults.php?view_id=2&keywords=120042 Video Link 0K http://kansascity.granicus.com/ViewSearchResults.php?view_id=2&keywords=120042
fact sheet.doc Fact Sheet 41K fact sheet
settlement agr.docx Agreement 30K settlement agreement

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COMMITTEE SUBSTITUTE FOR ORDINANCE NO. 120042

 

Authorizing the City Manager to execute a Settlement Agreement with Clay County, Missouri resolving disputes related to funds for roads and bridges.

 

WHEREAS, a dispute exists between the City and Clay County, Missouri relating to the amounts Clay County was to have paid over to the City to be used for road and bridge purposes within that part of the City located within Clay County for the years 2008 through 2011, both inclusive; and

 

WHEREAS, a dispute also exists between the City and Clay County, Missouri relating to the future annual amounts Clay County is to pay over to the City to be used for road and bridge purposes within that part of the City located within Clay County beginning 2012; and

 

WHEREAS, the City and Clay County desire to compromise and resolve those disputes by entering into a Settlement Agreement that provides for Clay County to pay to the City in two installments an approximate amount of $1,800,000.00 for the disputed amounts owed for the years 2008 through 2011, both inclusive, and provides for future payments by Clay County to the City in an amount computed at a rate of 40% of the maximum authorized real property levy of 0.35 per $100 assessed valuation that Clay County could levy; plus an opportunity to receive an additional payment for calendar years 2013 through 2026, both inclusive, from any annual, gross sales tax revenue collected pursuant to taxing authority granted under Section 67.547, RSMo. in excess of $7,000.000.00, but only up to $9,000,000.00 and for calendar years 2027 and thereafter, up to $10,000,000.00; NOW, THEREFORE,

 

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That the City Council hereby accepts and approves of the terms of the Settlement Agreement with Clay County, Missouri to resolve the dispute between the City and Clay County, Missouri relating to the amounts Clay County was to have paid over to the City to be used for road and bridge purposes within that part of the City located within Clay County for the years 2008 through 2011 and the additional dispute relating to the future annual amounts Clay County is to pay over to the City to be used for the same road and bridge purposes, in substantial conformance with the terms set out in the copy of the Settlement Agreement attached hereto.

 


Section 2. That the City Manager is hereby authorized to execute the Settlement Agreement, in substantial conformance with the terms set out in the copy attached hereto, and any other documentation necessary to effectuate the terms of the Settlement Agreement.

________________________________________

 

Approved as to form and legality:

 

________________________________

Galen Beaufort

Senior Associate City Attorney