ORDINANCE NO. 260983
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Sponsor: Director of City Planning and Development Department
Amending Chapter 74, Code of Ordinances, Economic Development Incentive Policies and Procedures Code, by repealing and replacing Section 74-302 to establish a policy for the acceptance of partial tax parcels within the boundaries of a community improvement district and to require petitions that seek to amend or add property to a community improvement district to estimate the revenue to be used for public benefits; repealing and replacing Section 74-304 to modify the date City staff presents its annual CID report; and providing for a delayed effective date.
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WHEREAS, this ordinance codifies the policy for the acceptance of partial tax parcels within the boundaries of a community improvement district (“CID”) established by Committee Substitute for Resolution No. 260719; and
WHEREAS, this ordinance requires a petition to amend or add property to a CID, describe and estimate the revenue to be used for benefits to the public as currently required of a petition to establish a CID per Section 74-302(a)(3) of the Code of Ordinances; and
WHEREAS, this ordinance modifies the date the City presents its annual CID report; NOW, THEREFORE,
BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:
Section 1. That Chapter 74, Article VII, Code of Ordinances, Economic Development Incentive Policies and Procedures Code, is hereby amended by repealing Section 74-302 and enacting in lieu thereof a new section of like number and subject matter to read as follows:
Sec. 74-302. Requirements to establish or amend a CID.
Petition. The petition to establish, amend or add property to a CID shall:
Inform the property owners of the right to initiate a petition to terminate the proposed CID as provided by RSMo 67.1481.
Provide that the city auditor shall have the right to examine or audit the records of the CID and shall require that the CID make such records available to the city auditor within ten...
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