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File #: 220701    Version: 1 Name:
Type: Ordinance Status: Referred
File created: 8/11/2022 In control: Neighborhood Planning and Development Committee
On agenda: 8/17/2022 Final action:
Title: Establishing administrative processes for awarding standard incentive packages to residential, office, and industrial developments that meet certain criterial and directing the City Manager and the Director of Finance to take certain acts to implement the standard incentive packages.
Sponsors: Quinton Lucas, Ryana Parks-Shaw
Attachments: 1. No Fact Sheet, 2. Fiscal Note 220701, 3. Attachment A. Minimum Standard Incentive Packages 2022-2027 with maps 8.15.2022, 4. Committee Sub 220701, 5. Compared Version 220701, 6. 20220822 - Stokes - KC tax subsidies
ORDINANCE NO. 220701


title
Establishing administrative processes for awarding standard incentive packages to residential, office, and industrial developments that meet certain criterial and directing the City Manager and the Director of Finance to take certain acts to implement the standard incentive packages.

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WHEREAS, the City Council, by Committee Substitute for Ordinance No. 140031, As Amended, adopted the City's Economic Development and Incentives Policy and directed the City Manager to develop the scoring system set forth therein; and

WHEREAS, the City Council, by Ordinance No. 140375, adopted a certain scoring system for purposes of implementing the City's Economic Development and Incentives Policy, and the City Council has, from time to time, adopted revisions to this scoring system; and

WHEREAS, the City Council wishes to prioritize incentives to achieve the City's development goals, and provide staff, outside agencies, and potential developers a clear understanding of those goals; and

WHEREAS, the Council desires to provide an administrative pathway to accessing incentives, so they can be granted consistently and in a more expedited fashion to developments that deliver community benefit aligned with the City's articulated goals; and

WHEREAS, the Council desires that City staff undertake the following steps in order to create a program that implements standard incentive packages; NOW, THEREFORE,

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

Section 1. The Council establishes administrative processes for awarding standard incentives to residential, office, and industrial developments in order to achieve the following goals by December 31, 2027:

(a) 10,000 units of affordable housing in target areas, as part of new multifamily development.

(b) 60,000 additional target sector employees in target areas or increased speculative Class A office space to 15% market share.

(c) 1...

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