RESOLUTION NO. 210697

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Declaring the Council’s intent to support a District row Project to preeserve a portion of Western Bible College in Phase One and to create thirty-five luxury townhomes in Phase Two.

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WHEREAS, the central city that comprises most of the City’s historically economically disadvantaged neighborhoods has seen a disproportionate share of population loss; and

WHEREAS, the availability of housing stock is a driving factor in maintaining residential stability; and

WHEREAS, although the availability of affordable housing is critical, the availability of all types of housing, including luxury housing, increases housing stock and adds to the sustainability of a vibrant neighborhood; and  (Paseo to Tracy); and

WHEREAS, the District Row project consists of 10 acres of land between 22^nd and 20^th Streets; and

WHEREAS, the developer is seeking $800,000 for the phases one portion of the project that will preserve 37,000 square feet of the Western Bible College and $2.2 million for the construction of 35 luxury townhomes in phase two; NOW, THEREFORE,

                     BE IT RESOLVED BY THE COUNCIL OF KANSAS CITY THAT:

The City Council declares its intent to support a District Row project to preserve a portion of Western Bible College in phase one and to create thirty-five luxury townhomes in phase two through the use of available options, including special obligation bonds.

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