File #: 200265    Version: 1 Name:
Type: Ordinance Status: Historical
File created: 4/2/2020 In control: Council
On agenda: 5/14/2020 Final action: 5/24/2020
Title: Taking certain actions and approving various modified economic development incentives in relation to the redevelopment by Delta Quad Holdings, LLC of the vacant structure and related facilities formerly occupied by the Federal Reserve Bank of Kansas City at 925 Grand Boulevard previously approved by Committee Substitute for Ordinance 160163, including accepting the recommendations of the Tax Increment Financing Commission of Kansas City, Missouri as to the findings related to a First Amendment to the Grand Reserve Tax Increment Financing Plan; approving the First Amendment to the Grand Reserve Tax Increment Financing Plan; reaffirming the approval and designation of Redevelopment Project Area 1 as a Redevelopment Project and the adoption of tax increment financing therefor; approving modified additional financial assistance for the Redevelopment Project and authorizing the City Manager to enter into an amendment to a previously executed Sales Tax Contribution Agreement in fu...
Attachments: 1. Grand Reserve 10 Day Notice TIF Plan, 2. Grand Reserve Amendment to Sales Tax Contribution Agreement, 3. Grand Reserve Amended Redevelopment Agreement, 4. Grand Reserve First Amendment to TIF Plan , 5. Grand Reserve Sales Tax Contribution Agreement, 6. Grand Reserve Ch. 100 Plan Comparison, 7. Grand Reserve 2020 Ch. 100 Plan , 8. Grand Reserve Fact Sheet, 9. Fiscal Note, 10. Presentation, 11. Colored Compared Version, 12. Authenticated Ordinance