ORDINANCE NO. 260890
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Sponsor: Mayor Quinton Lucas
Approving and designating the Redevelopment Project Area 1 of the Downtown Stadium Tax Increment Financing Plan; adopting tax increment financing therefore; and directing the Clerk to send a copy of this Ordinance to Jackson County.
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WHEREAS, the Tax Increment Financing Commission of Kansas City, Missouri (the “Commission”) was created 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 by Ordinance No. 54556 of the City Council of Kansas City, Missouri (the “City Council”), 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, by Ordinance No. 100089, as amended, passed on January 28, 2010, by Ordinance No. 130986, passed on December 19, 2013, by Committee Substitute for Ordinance No. 140823, as amended, passed on June 18, 2015, by Committee Substitute for Ordinance No. 230524, passed on June 22, 2023, and by Committee Substitute for Ordinance No. 240045 passed on March 21, 2024 (“Enabling Ordinances”); and
WHEREAS, the Downtown Stadium Tax Increment Financing Plan (the “Redevelopment Plan”) and Redevelopment Project Area 1 described therein were proposed to the Commission; and
WHEREAS, after all proper notice was given, the Commission opened a public hearing regarding the Redevelopment Plan and RPA 1 Redevelopment Project on August 12, 2026, which was continued to August 26, 2026 and September 9, 2026, at which time, after receiving the comments of all interested persons and taxing districts, and consideration of the evidence and testimony of the public hearing, the Commission approved Resolution No. 9-5-26 (the “Resolution”) making certain findings and recommending to the City Council the approval of the Redevelopment Plan and designation of the Redevelopment Area, the designation of Redevelopment Project Area 1 and approval of the RPA 1 Redevelopment Project; and
WHEREAS, on ____________, the City Council of Kansas City, Missouri (the “Council”) passed Ordinance No. __________ which accepted the recommendations of the Commission and approved the Downtown Stadium Tax Increment Financing Plan (the “Redevelopment Plan”) and designated the Redevelopment Area described therein to be a combination of a conservation area and a blighted area (the “Redevelopment Area”); NOW, THEREFORE,
BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:
Section 1. That all terms used in this ordinance shall be construed as defined in Sections 99.800 to 99.865 of the Revised Statutes of Missouri, as amended.
Section 2. That the area of Redevelopment Project Area 1 (“Project Area”) is legally described as follows:
All that part of Lots 8 - 13, SCARRITT & PEERY’S SUBDIVISION, all that part of Lots 18 - 52, VINEYARD’S 5TH ADDITION, and all that part of the Southeast Quarter of Section 8, Township 49 North, Range 33 West of the Fifth Principal Meridian, situate in the City of Kansas City, Jackson County, Missouri, being described as follows:
COMMENCING at the Southwest corner of the Southeast Quarter of said Section 8; thence North 2 degrees 23 minutes 03 seconds East, along the West line of said Southeast Quarter, a distance of 499.27 feet to the POINT OF BEGINNING; thence North 87 degrees 44 minutes 16 seconds West, departing the West line of the Southeast Quarter of said Section 8, a distance of 311.08 feet; thence North 2 degrees 21 minutes 37 seconds East a distance of 371.91 feet; thence North 87 degrees 37 minutes 02 seconds West a distance of 117.74 feet; thence North 65 degrees 45 minutes 00 seconds West a distance of 66.97 feet; thence North 24 degrees 15 minutes 00 seconds East a distance of 428.56 feet to the intersection with the South line of vacated E. 25th Street; thence South 87 degrees 01 minutes 43 seconds East, along the South line of said vacated E. 25th Street, a distance of 126.76 feet; thence North 2 degrees 31 minutes 25 seconds East, departing the South line of said vacated E. 25th Street, a distance of 60.30 feet to the intersection with the North line thereof; thence South 86 degrees 57 minutes 56 seconds East, along the North line of said vacated E. 25th Street, a distance of 567.01 feet to the intersection with the West right-of-way line of Gillham Street; thence Southerly, along the West right-of-way line of said Gillham Street, around a curve to the right that is non-tangent with the exit of the last-described course, having an initial tangent bearing of South 16 degrees 36 minutes 28 seconds East, a radius of 1,902.00 feet, through a central angle of 16 degrees 44 minutes 31 seconds, an arc distance of 555.77 feet; thence South 2 degrees 39 minutes 29 seconds West, continuing along the West right-of-way line of said Gillham Road, a distance of 87.50 feet; thence North 87 degrees 36 minutes 35 seconds West, departing the West right-of-way line of said Gillham Road, a distance of 72.16 feet; thence South 47 degrees 26 minutes 00 seconds West a distance of 192.86 feet; thence South 2 degrees 15 minutes 44 seconds West a distance of 77.89 feet; thence North 87 degrees 44 minutes 16 seconds West a distance of 255.53 feet to the POINT OF BEGINNING. Containing 640,370 square feet or 14.7009 acres, more or less.
Section 3. That tax increment allocation financing is hereby adopted for taxable real property in the above-described area selected for the Project Area. After the total equalized assessed valuation of the taxable real property in the Project Area exceeds the certified total initial equalized assessed valuation of the taxable real property in the Project Area, the ad valorem taxes, and payment in lieu of taxes (“PILOTS”), if any, arising from the levies upon the taxable real property in such Project Area by taxing districts and tax rates determined in the manner provided in subsection 2 of Section 99.855 each year after the effective date of this ordinance until redevelopment project costs have been paid shall be divided as follows:
1. That portion of taxes, penalties and interest levied upon each taxable lot, block, tract, or parcel of real property which is attributable to the initial equalized assessed value of each such taxable lot, block, tract or parcel of real property in the Project Area shall be allocated to and, when collected, shall be paid by the Jackson County Collector and the City Treasurer to the respective affected taxing districts in the manner required by law in the absence of the adoption of tax increment allocation financing;
2. PILOTS attributable to the increase in the current equalized assessed valuation of each taxable lot, block, tract, or parcel of real property in the Project Area over and above the initial equalized assessed value of each such unit of property in the Project Area shall be allocated to and, when collected, shall be paid to the City Treasurer who shall deposit such payments in lieu of taxes into a special fund called the “Special Allocation Fund” of the City. Any payments in lieu of taxes which are not paid within sixty (60) days of the due date shall be deemed delinquent and shall be assessed a penalty of one percent (1%) per month.
Section 4. That in addition to the payments in lieu of taxes described in subsection 2 of Section 3 above, fifty percent (50%) of the total additional revenue from taxes, penalties and interest which are imposed by the City and certain taxing districts, and which are generated by economic activities within the Project Area over the amount of such taxes generated by economic activities within such area in the calendar year prior to the passage of this ordinance, while tax increment financing remains in effect, but excluding certain taxes, fees and special assessments specifically identified by the Act, other than payments in lieu of taxes, shall be allocated to, and paid by the collecting officer to the City Treasurer or other designated financial officer of the City, who shall deposit such funds, which are necessary to the payment of Redevelopment Project Costs identified by the Redevelopment Plan, in a separate segregated account within the Special Allocation Fund for the purpose of paying such Redevelopment Project Costs.
Section 5. That in addition to the payments in lieu of taxes and economic activities taxes which are imposed by the City and certain taxing districts and generated by economic activities within the Project Area under the Act, the City shall provide additional financing by pledging Additional City EATs identified in the Redevelopment Plan, which are generated by economic activities within the Project Area, which are not subject to capture, in accordance with the Act, and which would otherwise be deposited into the City’s general funds, to be allocated to, and paid by the collecting officer to the City Treasurer or other designed financial officer of the City, who shall deposit such funds, which are necessary to the payment of Redevelopment Project Costs identified by the Redevelopment Plan, in a separate segregated account within the Special Allocation Fund for the purpose of paying such Redevelopment Project Costs.
Section 6. That the City Clerk shall send a copy of this ordinance to the County Clerk and County Commission of Jackson County, Missouri.
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Approved as to form:
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Emalea Kohler
Associate City Attorney