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Legislation #: 030970 Introduction Date: 8/28/2003
Type: Resolution Effective Date: 9/11/2003
Sponsor: None
Title: Authorizing an application to the Missouri Development Finance Board (MDFB) for the authorization of state tax credits in the amount of $6,000,000.00 to support fund-raising efforts for capital improvements at the Starlight Theatre.

Legislation History
DateMinutesDescription
8/28/2003

Prepare to Introduce

8/28/2003

Referred Planning, Zoning & Economic Development Committee

9/10/2003

Immediate Adoption

9/11/2003

Adopted


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RESOLUTION NO. 030970

 

Authorizing an application to the Missouri Development Finance Board (MDFB) for the authorization of state tax credits in the amount of $6,000,000.00 to support fund-raising efforts for capital improvements at the Starlight Theatre.

 

WHEREAS, the Council intends to provide a wide variety of educational, social and cultural opportunities for the citizens of Kansas City, Missouri; and

 

WHEREAS, the Board of Parks and Recreation Commissioners has entered into a concession and use agreement with the Starlight Theatre Association for the operation of the facility and production of theatrical and musical events; and

 

WHEREAS, the Board, through Resolution No. 25898, has expressed its support for the improvements and application to the MDFB and authorizes such application, pursuant to the MDFBs Tax Credit for Contribution Program; NOW, THEREFORE,

 

BE IT RESOLVED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That the Council expresses its intention to support the concept of infrastructure improvements at Starlight Theatre.

 

Section 2. That the Council states that the Starlight Theatre will benefit the public and provide recreational and cultural opportunities for citizens of the City of Kansas City, Missouri.

 

Section 3. That the Council authorizes an application in the amount of $6,000,000.00 to the Missouri Development Finance Board for financing through the State Tax Credit for Contribution Program.

 

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