ORDINANCE NO. 230057
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Sponsor: Director of the Public Works Department
Appropriating $666,020.82 from the Unappropriated Fund Balance of the Development Services Fund to provide funding for management of Tax Increment Financing (TIF) for roadway, bridge, and other transportation related improvement projects; and recognizing this ordinance as having an accelerated effective date.
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WHEREAS, the City Planning and Development Department and the Department of Public Works executed a Memorandum of Understanding effective October 28, 2020 that allows the Department of Public Works to receive a portion of fees collected to provide project management and project coordination of TIF projects; and
WHEREAS, on December 14, 2017, the City Council passed Ordinance 170971 which approved the First Amendment to the Platte Purchase Development Plan that included improvements to Platte Purchase Road from Platte Purchase Park to N.E. 108th Street; and
WHEREAS, on June 9, 2022, the City Council passed Ordinance 220483 which approved the Revised Thirteenth Amendment to the Parvin Road Corridor Tax Increment Financing Plan that included constructing the Arlington Link Phase 2 (aka N.E. 48th Street Extension); and
WHEREAS, the City Planning and Development Department has collected the required fees for the projects at Platte Purchase Road and N.E. 48th Street; and
WHEREAS, the Department of Public Works' portion of those fees totals $666,020.82; NOW, THEREFORE,
BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:
Section 1. That $666,020.82 is hereby appropriated from the Unappropriated Fund Balance to the following accounts in the Development Services Fund:
23-2210-891572-B-89008824 Platte Purchase Road $193,910.53
23-2210-891572-B-89008895 N.E. 48th Street 472,110.29
TOTAL: $666,020.82
Section 2. This ordinance is recognized as an ordinance with ...
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