ORDINANCE NO. 260398
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Sponsor: City Manager's Office
Approving Redevelopment Project J and designating the Redevelopment Project Area of Redevelopment Project J of the 435 & Soccer Drive Tax Increment Financing Plan; and adopting tax increment financing therefore.
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WHEREAS, the Clay County KC Tax Increment Financing Commission (the "Commission") was created 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"), and by Ordinance No. 54556 of the City Council of Kansas City, Missouri (the "City Council"), adopted on November 24, 1982, and thereafter amended in certain respects by Committee Substitute for Ordinance No. 911076, as amended, adopted on August 29, 1991, by Ordinance No. 100089, as amended, adopted on January 28, 2010, by Ordinance No. 130986, adopted 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 passed on March 21, 2024 ("Enabling Ordinances"); and
WHEREAS, the 435 & Soccer Drive Tax Increment Financing Plan (the "Redevelopment Plan") and the eighteen (18) Redevelopment Project Areas described therein as Redevelopment Projects A - R, were proposed to the Commission; and
WHEREAS, after all proper notice was given, the Commission met in a public hearing regarding the Redevelopment Plan, the Redevelopment Area, the Redevelopment Projects and the Redevelopment Project Areas at 9:30 AM on March 11, 2026, at which time, after receiving the comments of all interested persons and taxing districts, the Commission approved Resolution No. 3-2-26 (the "Resolution") recommending to the City Council the approval of the Redevelopment Plan, the designation of the Redevelopment Area, the approval of the Redevelopment Projects and th...
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