ORDINANCE NO. 201050
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Declaring certain real property generally located at 500-507 Main Street in Kansas City, Missouri, surplus to the City's needs; and authorizing the Director of the General Services Department to execute an Option Agreement with 500 Main Developers LLC to purchase this surplus real property, to later convey it and to execute related documents
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BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:
WHEREAS, the City owns rights in certain real property generally located at 500- 507 Main Street, more fully described below, in Kansas City, Missouri; and
WHEREAS, the City Manager has determined on behalf of all City departments that the parcels of real property set out below are in excess to the needs of the City and no interest has been expressed by any City department in retaining the land for public use; and
WHEREAS, these properties have been identified for redevelopment by the City and thus are surplus to the City's needs; and
WHEREAS, a Request for Qualifications and Proposals was is sued by the City on May 30,2014 for redevelopment of the properties and the properties were made available through an open and public competition; and
WHEREAS, certain recorded easements affecting the real property, but benefitting the City, if deemed necessary by the City, shall remain in effect and any conveyance out of the City shall be specifically subject to existing recorded easements and encumbrances, and dedicated right of way for public streets, which shall be deemed retained by the City, as more fully set forth in the subsequent transfer deed; NOW, THEREFORE,
BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:
Section 1. That the property described below, is hereby declared surplus to the City's needs.
7 E 5th St: 7-11 E 5TH ST & 509 MAIN: CITY MKT PARKING OLD TOWN LOTS201 THRU 203 & N 10 FT LOT 204 BLK 21
500 Main: 500-20 MAIN OLD TOWN ALL LOTS 191 THRU 194& PRT LOT
195 DAF BEF NE COR SLOT 191 TH SELY ...
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