File #: 210981    Version: 1 Name:
Type: Ordinance Status: Passed
File created: 10/27/2021 In control: Council
On agenda: 11/10/2021 Final action: 11/10/2021
Title: Accepting the recommendations of the Tax Increment Financing Commission as to the Sixth Amendment to the Arlington Road Tax Increment Financing Plan and approving the Sixth Amendment to the Arlington Road Tax Increment Financing Plan; directing the City Clerk to send a copy of this ordinance to Clay County.
Attachments: 1. Fact Sheet, 2. 210981 Fiscal Note, 3. Sixth Amendment Arlington, 4. Arlington 6th Amendment Powerpoint, 5. Arlington TIF 6th Amendment and Project G2 Presentation, 6. PowerPoint NPD Committee Arlington Road 6th Amendment and Project G2 (938983xA006D), 7. Authenticated Ordinance 210981
ORDINANCE NO. 210981

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Accepting the recommendations of the Tax Increment Financing Commission as to the Sixth Amendment to the Arlington Road Tax Increment Financing Plan and approving the Sixth Amendment to the Arlington Road Tax Increment Financing Plan; directing the City Clerk to send a copy of this ordinance to Clay County.

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WHEREAS, 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 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, Ordinance No. 100089, As Amended, passed on January 28, 2010, Ordinance No. 130986, passed on December 19, 2013, and Committee Substitute for Ordinance No. 140823, passed on June 18, 2015, created the Tax Increment Financing Commission of Kansas City, Missouri (the "Commission"); and

WHEREAS, the City Council, by Committee Substitute for Ordinance No. 140916, accepted the recommendations of the Tax Increment Financing Commission of Kansas City, Missouri ("Commission") and approved the Arlington Road Tax Increment Financing Plan ("Plan") and designated a Redevelopment Area, and has since been amended five times; and
WHEREAS, the sixth amendment to the Redevelopment Plan ("Sixth Amendment") was proposed to the Commission; and

WHEREAS, after all proper notice was given, the Commission met in public hearing regarding the Sixth Amendment on October 12, 2021, at which time, after receiving the comments of all interested persons and taxing districts, the Commission approved a resolution recommending to the City Council the approval of the Sixth Amendment to the Redevelopment Plan; and

WHEREAS, the Sixth Amendment to the Plan provides for (a) The addition of the legal description for Project G2, (b) Modification...

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