ORDINANCE NO. 970236

 

Accepting the recommendations of the Tax Increment Financing Commission as to the First Amendment to the Civic Mall Tax Increment Financing Plan; approving the First Amendment to the Civic Mall Tax Increment Financing Plan; and designating an Altered Redevelopment Area.

 

WHEREAS, the City Council of Kansas City, Missouri by Ordinance No. 54556, passed on November 24, 1982, and thereafter amended in certain respects by Committee Substitute for Ordinance No. 911076, as amended, passed on August 29, 1991, created the Tax Increment Financing Commission of Kansas City, Missouri (the "Commission"); and

 

WHEREAS, on December 8, 1994, the City Council passed Ordinance No. 941589, which accepted the recommendations of the Commission as to the Civic Mall Tax Increment Financing Plan ("Redevelopment Plan"), approved the Redevelopment Plan, found the Redevelopment Area to be a blighted area; designated the Redevelopment Area as a Redevelopment Area pursuant to the Act; and authorized the Commission to take all such action as may be needed to effectuate the Redevelopment Plan; and

 

WHEREAS, the City Council passed Committee Substitute for Ordinance No. 961441 on November 26, 1996, which directed the Tax Increment Financing Commission to prepare an amendment to the Civic Mall Tax Increment Financing Plan, deleting the property bounded by 11th, McGee, 10th and Oak Streets; and

 

WHEREAS, said Redevelopment Plan, as amended, has been proceeding, and the Redevelopment Projects described therein remain necessary to improve the Redevelopment Area, as amended; and

 

WHEREAS, an amendment to the Redevelopment Plan entitled "The First Amendment to the Civic Mall Tax Increment Financing Plan" ("First Amendment") affect the area described therein was proposed to the Commission; and

 

WHEREAS, said Commission has been duly constituted and its members appointed; and, after all proper notice was given, the Commission met in public hearing and after receiving the comments of all interested persons and taxing districts closed said public hearing on February 12, 1997 and on February 12, 1997, adopted Resolution No. 2-2-97 ("Resolution") recommending that the City Council approve the First Amendment and designate the area described therein as a Redevelopment Area under the Act; and

 

WHEREAS, the intent of the First Amendment is to alter the boundaries of the Redevelopment Area and to exclude an area therefrom as directed by the City Council; NOW, THEREFORE,

 

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. The recommendations of the Commission concerning the First Amendment as set forth in the Resolution attached hereto as Exhibit "A" are hereby accepted and the First Amendment, a copy of which is attached hereto as Exhibit "B", is hereby approved and adopted as valid.

 

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 following described area constituting the Redevelopment Area, as amended, is hereby designated as a Redevelopment Area pursuant to the Act:

 

Beginning at the point of intersection of the centerline of 13th Street and the centerline of McGee Street, thence north along the centerline of McGee Street to the centerline of 11th Street; thence east along the centerline of 11th Street to the centerline of Oak Street; thence north along the centerline of Oak Street to the centerline of 10th Street; thence west along the centerline of 10th Street to the centerline of McGee Street; thence north along the centerline of McGee Street to the centerline of 8th Street; thence east along the centerline of 8th Street to the centerline of Oak Street; thence northeasterly along the centerline of Oak Street to the centerline of Admiral Boulevard; thence east along the centerline of Admiral Boulevard to the centerline of Locust Street; thence southerly along the centerline of Locust Street to the centerline of 8th Street; thence east along the centerline of 8th Street to the centerline of Charlotte Street; thence south along the centerline of Charlotte Street to the centerline of 9th Street; thence east along the centerline of 9th Street to the west right of way line of Interstate 70, said point being approximately 30 feet north of the northerly extension of the west lot line of Lot 15, Block 6, Peery Place; thence southerly and westerly along the west right of way line of Interstate 70 to the centerline of 11th Street; thence west along the centerline of 11th Street to the centerline of Charlotte Street; thence south along the centerline of Charlotte Street to the centerline of 12th Street; thence west along the centerline of 12th Street to the centerline of Cherry Street; thence north along the centerline of Cherry Street to the centerline of 11th Street; thence west along the centerline of 11th Street to the centerline of Oak Street; thence south along the centerline of Oak Street to the centerline of 13th Street; thence west along the centerline of 13th Street to the point of beginning, now all included in and a part of the City of Kansas City, Jackson County, Missouri.

 

Section 4. The City Council hereby finds that good cause has been shown for amendment of the Redevelopment Plan, and that the findings of the City Council in Ordinance No. 941589 with respect to the Redevelopment Plan is not affected by the First Amendment and apply equally to the First Amendment.

 

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Approved as to form and legality:

 

 

 

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Assistant City Attorney