ORDINANCE NO. 260937
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Sponsor: Director of City Planning and Development Department
Approving the Sixth Amendment to the Antioch Mall 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 “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, which also established the Clay County Kansas City Tax Increment Financing Commission (the “Commission”) (“Enabling Ordinances”); and
WHEREAS, the City created the Administrative TIF Commission and has delegated all powers delegable under the Act, in particular powers enumerated in Section 99.820.1 RSMo., in connection with administering tax increment financing plans and projects to the Administrative TIF Commission, as provided in Code § 74-58; and
WHEREAS, the original Antioch Mall Tax Increment Financing Plan was approved by Second Committee Substitute for Ordinance No. 050833 on March 23, 2006, and has been subsequently amended by the First Amendment approved by Ordinance 071008 on September 25, 2008, the Second Amendment approved by Ordinance No. 090036 on January 29, 2009, the Third Amendment approved by Ordinance 120176 on April 12, 2012, the Fourth Amendment approved by Ordinance 170535 August 3, 2017, and the Fifth Amendment approved by Ordinance 170875 on November 9, 2017 (collectively referred to herein as the “Plan”); and
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