ORDINANCE NO. 260890
title
Sponsor: Mayor Quinton Lucas
Approving and designating the Redevelopment Project Area 1 of the Downtown Stadium Tax Increment Financing Plan; adopting tax increment financing therefore; and directing the Clerk to send a copy of this Ordinance to Jackson County.
body
WHEREAS, the Tax Increment Financing Commission of Kansas City, Missouri (the “Commission”) was created pursuant to the Real Property Tax Increment Allocation Redevelopment Act, Sections 99.800 to 99.865 of the Revised Statutes of Missouri, as amended (the “Act”), and by Ordinance No. 54556 of the City Council of Kansas City, Missouri (the “City Council”), 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, by Ordinance No. 100089, as amended, passed on January 28, 2010, by Ordinance No. 130986, passed on December 19, 2013, by Committee Substitute for Ordinance No. 140823, as amended, passed on June 18, 2015, by Committee Substitute for Ordinance No. 230524, passed on June 22, 2023, and by Committee Substitute for Ordinance No. 240045 passed on March 21, 2024 (“Enabling Ordinances”); and
WHEREAS, the Downtown Stadium Tax Increment Financing Plan (the “Redevelopment Plan”) and Redevelopment Project Area 1 described therein were proposed to the Commission; and
WHEREAS, after all proper notice was given, the Commission opened a public hearing regarding the Redevelopment Plan and RPA 1 Redevelopment Project on August 12, 2026, which was continued to August 26, 2026 and September 9, 2026, at which time, after receiving the comments of all interested persons and taxing districts, and consideration of the evidence and testimony of the public hearing, the Commission approved Resolution No. 9-5-26 (the “Resolution”) making certain findings and recommending to the City Council the approval of the Redevelopment Plan and designation of the Redevelopment Area, the designat...
Click here for full text