ORDINANCE NO. 240440
title
Sponsor: Director of Public Works Department
Estimating revenue in the amount of $551,000.00 in the Capital Improvement Fund and $1,400,000.00 in the Capital Improvements Grant Fund; appropriating the amounts to the KCI Corridor Trail Segment 1 and Segments 2 and 3 project accounts; authorizing the City Manager to execute a funding agreement with the Tax Increment Financing Commission; authorizing two contracts with Radmacher Brothers Excavating Co., Inc. with a total value of $2,987,556.03 for the construction of the KCI Corridor Trail Segment 1 and Segment 2 and 3 projects; and recognizing this ordinance as having an accelerated effective date.
body
WHEREAS, on March 11, 1999, the City Council of Kansas City, Missouri with the passage of Ordinance No. 990256, approved the KCI Corridor Tax Increment Financing Plan; and
WHEREAS, the KCI Corridor Tax Increment Financing Plan has been subsequently amended, most recently with Ordinance 230492, by a series of ordinances passed by the City Council and the Plan provides, among other things, for the design and construction of a 10' wide concrete non-motorized transportation facility along I-29 generally from Old Tiffany Springs Road to N.W. 112th Street referred to as T1 and T1B in the Plan; and
WHEREAS, the KCI Corridor Tax Increment Financing Plan includes $551,000.00 for the construction of Trails T1 and T1B; and
WHEREAS, the City Manager with the approval of Ordinances 120924, 140182, and 160181 was directed to apply for federal funds and which the City secured $1,400,000.00 from the Federal Highway Administration through its Transportation Alternatives Program for the construction of the T1 and T1B trails; and
WHEREAS, the City received $500,000.00 of TAP funding for construction of the KCI Corridor Trail from NW Old Tiffany Springs Road to Tiffany Springs Parkway, known as KCI Corridor Trail Segment 1 with a Federal Project Number of ...
Click here for full text