ORDINANCE NO. 260922
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Sponsor: City Manager’s Office
Approving the Fifteenth Amendment to the North Oak Tax Increment Financing Plan in the form of the Fifteenth Amended and Restated North Oak Tax Increment Financing Plan; estimating and appropriating funds for Vivion Road Improvements; and authorizing certain agreements for the implementation of certain public infrastructure improvements.
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WHEREAS, the Tax Increment Financing Commission of Kansas City, Clay County, Missouri (the “Commission”) 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, by Committee Substitute for Ordinance No. 140823, as amended, adopted on June 18, 2015, by Committee Substitute for Ordinance No. 230524, passed on June 22, 2023, and by Committee Substitute for Ordinance No. 240045 on March 21, 2024 (the “Enabling Ordinances”); and
WHEREAS, on February 24, 2005, the City Council passed Committee Substitute for Ordinance No. 050104, which accepted the recommendations of the Commission and approved the North Oak Tax Increment Financing Plan (the “Redevelopment Plan”) and designated the Redevelopment Area described therein to be a blighted area (the “Redevelopment Area”); and
WHEREAS, the Redevelopment Plan has been subsequently amended thirteen (13) times by the First Amendment, as approved by Committee Substitute for Ordinance No. 060534 on July 20, 2006, the Third Amendment, as approved by Committee Substitute for Ordinance No. 070996 on October 11, 2007, the Fourth Amendment, as approved by Committee Subst...
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