COMMITTEE SUBSTITUTE FOR ORDINANCE NO. 210665

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Accepting the recommendations of the Tax Increment Financing Commission and approving the Third Amendment to the Santa Fe Tax Increment Financing Plan; and directing the City Clerk to send a copy of this ordinance to Jackson 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 "Act"), the City Council of Kansas City, Missouri by Ordinance No. 54556 passed on November 24, 1982, and thereafter repealed and amended in certain respects by Committee Substitute for Ordinance No. 911076, As Amended, passed on August 29, 1991, Ordinance No. 100089, passed on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 the Tax Increment Financing Commission of Kansas City, Missouri (the "Commission"); and

WHEREAS, on September 30, 1993, the City Council passed Ordinance No. 930859, wherein the City Council approved the Santa Fe Tax Increment Financing Plan ("Plan"), designated the area described therein as a Redevelopment Area, and adopted tax increment financing therein; and

WHEREAS, the Plan has been amended 2 times; and

WHEREAS, a Third Amendment to the TIF Plan has been proposed; and

WHEREAS, the Commission has been duly constituted and its members appointed; and, after all proper notice was given, the Commission met in public hearing on July 13, 2021, and after receiving the comments of all interested persons and taxing districts, closed said public hearing and approved a resolution recommending to the City Council the approval of the Third Amendment to the Santa Fe TIF Plan;

WHEREAS, the Third Amendment provides for modifications to the Site Plan; (2) modifications to the description of the public improvements to be implemente...

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