ORDINANCE NO. 230260
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Sponsor: City Manager
Repealing Ordinance No. 220694; authorizing the City Manager to execute the replacement Second Amendment to the Restated Lease and Acquisition Agreement with Block 66, LLC; and directing the City Manager to execute Special Warranty Deeds and such ancillary documents in connection with conveying real property in the East Village area to Block 66, LLC.
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WHEREAS, in 2004, the Council approved the General Development Plan for the East Downtown Planning Area via Ordinance No. 040180, declaring the area to be a blighted, insanitary, or undeveloped industrial area and its redevelopment necessary; and
WHEREAS, in 2005, the Planned Industrial Expansion Authority of Kansas City, Missouri ("PIEA") issued a request for proposals for the acquisition and redevelopment of several parcels in the East Downtown Planning Area, including the properties that would become known as Blocks 49, 66, and 82 of the East Village Planning Area; and
WHEREAS, in 2006, the Council accepted recommendations of the Tax Increment Financing ("TIF") Commission as to the East Village Tax Increment Financing Plan, approving the East Village Tax Increment Financing Plan and designating a Redevelopment Area via Ordinance No. 060455; and
WHEREAS, in 2006, the TIF Commission issued a request for proposals for the acquisition and development of the expanded East Village Area, including parcels that would become known as Blocks 49, 66, 82, 99, and 100 of the East Village Planning Area; and
WHEREAS, on January 19, 2006, via Committee Substitute for Ordinance No. 060037, Council authorized the City Manager to execute a Memorandum of Understanding (the "MOU") with J.E. Dunn and East Village, LLC, of which Swope Community Builders was a member, for extensive development of the East Village Planning Area (formerly designated the "East Loop"); and
WHEREAS, the MOU also provided for the acquisition and development...
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