committeesub
[COMMITTEE SUBSTITUTE FOR] ORDINANCE NO. 221064
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Sponsor: City Manager
Authorizing the City Manager to enter into a Predevelopment Agreement with West Bottoms - Propco Master, LLC for the development of approximately 21.85 acres in the West Bottoms Area; authorizing the City Manager to agree to extensions of time and schedule modifications under the Predevelopment Agreement; and authorizing the waiver of prevailing wage for certain projects in the area.
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WHEREAS, Council previously approved Ordinance No. 48681, declaring the area generally encompassed by the Missouri River to 25th Street, State Line to the Bluffs (the "Plan Area") blighted; and
WHEREAS, on April 7, 1978, Council approved Ordinance No. 48892, approving the Planned Industrial Expansion Authority ("PIEA") Central Industrial Development Project Plan for the Plan Area; and
WHEREAS, On June 30, 2022, Council passed Ordinance No. 220555 rezoning an area of approximately 21.85 acres generally located in the Plan Area ("Project Area") to a District UR; and
WHEREAS, West Bottoms - Propco Master, LLC ("Developer") owns several parcels in the Project Area and wishes to undertake comprehensive redevelopment of the Project Area; and
WHEREAS, development of the project area contingent on the City making substantial infrastructure improvements in the Project Area; and
WHEREAS, the proposed redevelopment will include the renovation of several historic structures, as well as the construction of new structures; and
WHEREAS, The City and Developer wish to enter into a predevelopment agreement memorializing each parties' role and responsibilities for the completion of the project; NOW, THEREFORE,
BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:
Section 1. That the City Manager is authorized to execute the Predevelopment Agreement with Developer to provide for the development of the Pro...
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