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File #: 210649    Version: 1 Name:
Type: Ordinance Status: Passed
File created: 8/4/2021 In control: Neighborhood Planning and Development Committee
On agenda: 8/11/2021 Final action: 8/19/2021
Title: Accepting the recommendations of the Tax Increment Financing Commission as to the Twelfth Amendment to the Southtown Corridor/31st & Baltimore Tax Increment Financing Plan; approving the Twelfth Amendment to the Southtown Corridor/31st & Baltimore Tax Increment Financing Plan; and directing the City Clerk to transmit copies of this ordinance.
Sponsors: Ryana Parks-Shaw
Attachments: 1. Authenticated Ordinance 210649, 2. fact sheet, 3. FiscalNote_210649, 4. 12th Amendment TIF Plan, 5. Southtown-31st Baltimore Corridor TIF, 12th Amendment, Exhibit 4 Budge..., 6. PowerPoint, 7. Save Inc Public Comment
ORDINANCE NO. 210649

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Accepting the recommendations of the Tax Increment Financing Commission as to the Twelfth Amendment to the Southtown Corridor/31st & Baltimore Tax Increment Financing Plan; approving the Twelfth Amendment to the Southtown Corridor/31st & Baltimore Tax Increment Financing Plan; and directing the City Clerk to transmit copies of this ordinance.

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WHEREAS to the Twelfth Amendment to the Southtown Corridor/31st & Baltimore Tax Increment Financing Plan; approving the Twelfth Amendment to the Southtown Corridor/31st & Baltimore Tax Increment Financing Plan; and directing the City Clerk to transmit copies of this ordinance.

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, on May 19, 1994, the City Council passed Ordinance No. 940564, wherein the City Council approved the Southtown Corridor/31st & Baltimore Tax Increment Financing Plan ("Redevelopment Plan"), designated the area described therein as a Redevelopment Area, and adopted tax increment financing therein; and

WHEREAS, the Plan has been amended 11 times; and

WHEREAS, said Commission has been duly constituted and its members appointed, and, after all proper notice was given, the Commission met in public hearing and after receiving the comments of all interested persons and taxing districts, closed sai...

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