File #: 240621    Version: 1 Name:
Type: Ordinance Status: Passed
File created: 7/23/2024 In control: Council
On agenda: 8/1/2024 Final action: 8/1/2024
Title: Sponsor: City Manager Approving the Ninth Amendment to the Arlington Road Tax Increment Financing Plan.
Sponsors: City Manager's Office
Attachments: 1. Arlington Road TIF 9th Amendment - PILOTS - EATS - Assessed Values, 2. TIF - Arlington Road - 9th Amendment - DOCKET MEMO, 3. TIF_ Arlington - Ninth Amendment to TIF Plan(615109667.2), 4. Authenticated Ordinance 240621
ORDINANCE NO. 240621

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Sponsor: City Manager

Approving the Ninth Amendment to the Arlington Road 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"), the City Council of Kansas City, Missouri (the "City Council") by Ordinance No. 54556 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, Ordinance No. 100089, as amended, passed on January 28, 2010, and Ordinance No. 130986, passed on December 19, 2013, Committee Substitute for Ordinance No. 140823, as amended on, June 18, 2015 and Committee Substitute for Ordinance No. 230524, passed on June 22, 2023, created the Tax Increment Financing Commission of Kansas City, Missouri (the "Commission"); and

WHEREAS, on November 6, 2014, the City Council passed Committee Substitute for Ordinance No. 140916 approving the Arlington Road Tax Increment Financing Plan (the "Redevelopment Plan"), and designated the area described therein as a redevelopment area (the "Redevelopment Area"); and

WHEREAS, the City Council, by Ordinance No. 150758, accepted the recommendations of the Commission, and approved the First Amendment to the Redevelopment Plan on September 17, 2015; and

WHEREAS, the City Council, by Ordinance No. 160241, accepted the recommendations of the Commission, and approved the Second Amendment to the Redevelopment Plan on April 7, 2016; and

WHEREAS, the City Council, by Ordinance No. 170865, accepted the recommendations of the Commission, and approved the Third Amendment to the Redevelopment Plan on November 9, 2017; and

WHEREAS, the City Council, by Ordinance No. 180280, accepted the recommendations of the Commission, and approved the Fourth Amendment to the Redevelopment Plan on June 21, 2018; and

WHEREAS,...

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