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File #: 230493    Version: 1 Name:
Type: Ordinance Status: Passed
File created: 6/2/2023 In control: Council
On agenda: 6/15/2023 Final action: 6/15/2023
Title: Sponsor: City Manager Accepting the recommendations of the Tax Increment Financing Commission of Kansas City, Missouri as to the Seventh Amendment to the Linwood Tax Increment Financing Plan and approving the Seventh Amendment to the Linwood Tax Increment Financing Plan.
Sponsors: City Manager's Office, Tax Increment Financing (TIF) Commission
Attachments: 1. Linwood Shopping Center 7th Amendment - DOCKET MEMO, 2. TIF_ Linwood - Seventh Amendment to TIF Plan(606548333.pdf, 3. Linwood Shopping Center 7th Amendment - EXHIBIT 4A - Budget of Redevelopment Project Costs, 4. map, 5. 230493.Authenticated Ordinance
ORDINANCE NO. 230493

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Sponsor: City Manager

Accepting the recommendations of the Tax Increment Financing Commission of Kansas City, Missouri as to the Seventh Amendment to the Linwood Tax Increment Financing Plan and approving the Seventh Amendment to the Linwood Tax Increment Financing Plan.


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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"), and Ordinance No. 545556 adopted on November 24, 1982, as amended by Committee Substitute for Ordinance No. 911076 adopted on August 29, 1991, by Ordinance No. 100089 adopted on January 28, 2010, by Ordinance No. 130986 adopted on December 19, 2013 and by Committee Substitute for Ordinance No. 140823 adopted on June 18, 2015 (collectively, the "Enabling Ordinances") the City Council of Kansas City, Missouri created the Tax Increment Financing Commission of Kansas City, Missouri (the "Commission"); and

WHEREAS, on June 16, 2016, the City Council of Kansas City passed Ordinance No. 160448, which accepted the recommendations of the Commission and approved the Linwood Shopping Center Tax Increment Financing Plan (the "Redevelopment Plan") and designated the Redevelopment Area described therein to be a Blighted Area (the "Redevelopment Area"); and

WHEREAS, the Redevelopment Plan has since been amended six (6) times by Ordinance No. 190524, Ordinance No. 200063, Ordinance No. 200353, Ordinance No. 200628, Ordinance No. 210065 and Ordinance No. 210980, and

WHEREAS, a Seventh Amendment to the Redevelopment Plan ("Seventh Amendment") was proposed to the Commission and the Commission, having been duly constituted and its members appointed, after proper notice was given, met in public hearing on May 9, 2023, and after receiving the comments of all interested persons and taxing districts, closed the public hearing, approved the Seventh Amendment to the Redevelopment P...

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