File #: 240898    Version: 1 Name:
Type: Ordinance Status: Passed
File created: 10/2/2024 In control: Council
On agenda: 10/31/2024 Final action: 10/31/2024
Title: Sponsor: City Manager's Office Approving the Amended Eighth Amendment to the Platte Purchase Development Plan.
Sponsors: City Manager's Office
Attachments: 1. Platte Purchase - Amended Eighth Amendment to TIF Plan, 2. Platte Purchase Amended 8th Amendment - DOCKET MEMO, 3. Platte Purchase - Amended Eighth Amendment to TIF Plan 10.21.2024, 4. Platte Purchase 8th Amendment Presentation 10.21.2024, 5. Revised DOCKET MEMO 10-21-24, 6. Authenticated Ordinance 240898
ORDINANCE NO. 240898

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Sponsor: City Manager's Office

Approving the Amended Eighth Amendment to the Platte Purchase Development 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 July 28, 2016, the City Council passed Ordinance No. 160415, which accepted the recommendations of the Commission and approved the Platte Purchase Development Plan (the "Redevelopment Plan") and designated the Redevelopment Area described therein to be an Economic Development Area (the "Redevelopment Area"); and

WHEREAS, the City Council, by Ordinance No. 170971, accepted the recommendations of the Commission, and approved the First Amendment to the Redevelopment Plan on December 14, 2017; and

WHEREAS, the City Council, by Ordinance No. 190264, accepted the recommendations of the Commission, and approved the Second Amendment to the Redevelopment Plan on April 18, 2019; and

WHEREAS, the City Council, by Ordinance No. 200205, accepted the recommendations of the Commission, and approved the Third Amendment to the Redevelopment Plan on October 17, 2019; and

WHEREAS, the City Council, by Ordinance No. 200205, accepted the recommendations of the Commission, and approved the Fourth Amendment to the Redeve...

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