File #: 210889    Version: 1 Name:
Type: Ordinance Status: Passed
File created: 9/28/2021 In control: Council
On agenda: 10/7/2021 Final action: 10/7/2021
Title: Accepting the recommendations of the Tax Increment Financing Commission as to the Sixth Amendment to the Platte Purchase Development Plan; approving the Sixth Amendment; and directing the City Clerk to send copies of this ordinance.
Attachments: 1. 6th Amendment Fact Sheet 210889, 2. Platte Purchase Amd 6 Fiscal Note, 3. Platte Purchase Development Plan 6th Amendment presentation to NPD, 4. NPD Committee - Platte Purchase TIF 6th Amendment (927255xA006D), 5. Authenticate Ordinance 210889
ORDINANCE NO. 210889

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Accepting the recommendations of the Tax Increment Financing Commission as to the Sixth Amendment to the Platte Purchase Development Plan; approving the Sixth Amendment; and directing the City Clerk to send copies of this ordinance.

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WHEREAS, pursuant to the Real Property Tax Increment Allocation Redevelopment Act, Sections 99.800 to 99.865, RSMo, as amended (the "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of Kansas City, Missouri (the "City Council") by Ordinance No. 54556 passed on November 24, 1982, and thereafter repealed and amended in certain respects by Committee Substitute for Ordinance No. 911076, as amended, passed on August 29, 1991, Ordinance No. 100089, passed on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 July 14, 2016, the City Council accepted the recommendation of the Commission and passed Ordinance No. 160415 approving the Platte Purchase Development Plan (the "Redevelopment Plan") and designating a Redevelopment Area; and

WHEREAS, the City Council has amended the Redevelopment Plan five times; and

WHEREAS, a Sixth Amendment to the Redevelopment Plan ("Sixth Amendment") was proposed to the Commission and the Commission, having been duly constituted and its members appointed, after proper notice was given, met in public hearing, and, after receiving the comments of all interested persons and taxing districts, closed the public hearing September 14, 2021, and adopted Resolution No. 9-5-21 ("Resolution") recommending approval of the Sixth Amendment; and

WHEREAS, the proposed Sixth Amendment provides for (1) modifications to the description of the public improvements to be implemented pursuant to the Plan; 2) modifications to the Site Plan, (3) modifications to...

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