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Legislation #: 180357 Introduction Date: 5/10/2018
Type: Ordinance Effective Date: none
Sponsor: None
Title: Approving the Twelfth Amendment to the Briarcliff West Tax Increment Financing Plan; and directing the City Clerk to transmit copies of this ordinance.

Legislation History
DateMinutesDescription
5/10/2018 Filed by the Clerk's office
5/10/2018 Referred to Planning, Zoning & Economic Development Committee
5/16/2018 Hold On Agenda (5/23/2018)
5/23/2018 Advance and Do Pass as a Committee Substitute, Debate
5/24/2018 Passed as Substituted

View Attachments
FileTypeSizeDescription
180357.pdf Authenticated 112K Authenticated
180357 TIF Amendment.pdf Plan 146K TIF Amendment
180357 Fact Sheet.pdf Fact Sheet 102K Revised Fact Sheet

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COMMITTEE SUBSTITUTE FOR ORDINANCE NO. 180357

 

Approving the Twelfth Amendment to the Briarcliff West Tax Increment Financing Plan; and directing the City Clerk to transmit copies of this ordinance.

 

WHEREAS, pursuant to the Real Property Tax Increment Allocation Redevelopment Act, Sections 99.800 to 99.865, RSMo, as amended (the “TIF Act”), the City Council of Kansas City, Missouri (the “City Council”) by Ordinance No. 54556 passed on November 24, 1982, and thereafter repealed and amended in certain respects by Committee Substitute for Ordinance No. 911076, as amended, passed on August 29, 1991, Ordinance No. 100089, passed on January 28, 2010, Ordinance No. 130986, passed on December 19, 2013, and Committee Substitute for Ordinance No. 140823, As Amended, passed on June 18, 2015, created Tax Increment Financing Commission of Kansas City, Missouri (the “Commission”); and

 

WHEREAS, on May 3, 1990, the City Council passed Ordinance No. 65497, which accepted the recommendations of the Commission as to the Briarcliff West Tax Increment Financing Plan ("Redevelopment Plan") and designated the Redevelopment Area therein to be a blighted area; and

 

WHEREAS, the City Council, by its passage of a series of ordinances, has amended the Redevelopment Plan on numerous occasions since it was first approved; and

  

WHEREAS, the Twelfth Amendment modifies certain line items in the budget of Redevelopment Project Costs, but leaves the total budget unchanged, and modifies the Sources and Uses; NOW, THEREFORE,

 

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. The Twelfth Amendment, attached to this ordinance as Exhibit A, is hereby approved and adopted.

 

Section 2. All terms used in this ordinance, not otherwise defined herein, shall be construed as defined in Section 99.800 to 99.865 of the Revised Statutes of Missouri, as amended (the “Act”).

 

Section 3. The Council hereby finds that:

 

(a) Good cause has been shown for amendment of the Redevelopment Plan, and that all previous findings of the Council with respect to the Redevelopment Plan, as amended, are not affected by the Twelfth Amendment and apply equally to the Twelfth Amendment;

 

(b) The Redevelopment Area, as amended, is a blighted area, as a whole, and has not been subject to growth and development through investment by private enterprise and would not reasonably be anticipated to be developed without the adoption of the Redevelopment Plan, as amended, and the Twelfth Amendment;

 

(c) The Redevelopment Plan, as amended, conforms to the comprehensive plan for the development of the City as a whole;

 

(d) The areas selected for Redevelopment Projects include only those parcels of real property and improvements therein which will be directly and substantially benefited by the Redevelopment Project improvements;

 

(e) The estimated dates of completion of the respective Redevelopment Projects and retirement of obligations incurred to finance Redevelopment Project Costs, have been stated in the Redevelopment Plan, as amended, and are not more than 23 years from the adoption of any ordinance approving a Redevelopment Project within the Redevelopment Area, as amended;

 

(f) A plan has been developed for relocation assistance for businesses and residences;

 

(g) The Twelfth Amendment does not include the initial development or redevelopment of any gambling establishment.

 

Section 4. That the City Clerk is hereby directed to send a copy of this ordinance to Clay County.

 

_____________________________________________

 

Approved as to form and legality:

  

 

______________________________

Brian T. Rabineau

Assistant City Attorney