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File #: 230973    Version: Name:
Type: Ordinance Status: Passed
File created: 11/9/2023 In control: Council
On agenda: 11/30/2023 Final action: 11/30/2023
Title: Sponsor: Mayor Quinton Lucas and Councilmembers Andrea Bough and Johnathan Duncan Repealing Committee Substitute for Ordinance No. 230468 that authorized the City Manager to enter into a Tax Redirection Agreement with Red Bridge Properties, Inc., and enacting a new ordinance that authorizes the City Manager to enter into a Tax Redirection Agreement with Red Bridge Properties, Inc., for the purpose of increasing access to grocery services and incentivizing job creation and investment in Kansas City; and waiving certain requirements of City Code Chapter 3.
Sponsors: Andrea Bough, Quinton Lucas, Johnathan Duncan
Attachments: 1. 202311_230973 Docket Memo, 2. Red Bridge Redirection Agreement 11.8.23, 3. 230973 cs to org ord-com, 4. Authenticated Ordinances 230973 CS
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[COMMITTEE SUBSTITUTE FOR] ORDINANCE NO. 230973

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Sponsor: Mayor Quinton Lucas and Councilmembers Andrea Bough and Johnathan Duncan

Repealing Committee Substitute for Ordinance No. 230468 that authorized the City Manager to enter into a Tax Redirection Agreement with Red Bridge Properties, Inc., and enacting a new ordinance that authorizes the City Manager to enter into a Tax Redirection Agreement with Red Bridge Properties, Inc., for the purpose of increasing access to grocery services and incentivizing job creation and investment in Kansas City; and waiving certain requirements of City Code Chapter 3.

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WHEREAS, Kaw Fresh Market, LLC (the "Operator") has identified a site to provide grocery services in the Red Bridge Shopping Center of Kansas City, Missouri (the "Business Site") as the Red Bridge Farm Fresh Market (the "Project") to provide quality produce and affordable grocery services to Kansas City residents and visitors as a replacement to previously discontinued services at the Business Site; and

WHEREAS, the Business Site is owned by Red Bridge Properties, Inc. (the "Owner"); and

WHEREAS, the Operator anticipates entering into a long-term lease (15 years with options to extend) with the Owner for the Business Site, in which lease the Owner will provide to the Operator the assistance provided by the City herein; and

WHEREAS, the Operator anticipates the Project creating more than 80 new employees at an anticipated average income of $15+ per hour; and

WHEREAS, the Project serves to ensure access to grocery services and incentivize job creation and investment in Kansas City by, without limitation, (i) providing grocery services in a highly residential area, (ii) prioritizing high quality produce and options to support a healthy diet, (iii) establishing or expanding Operator's economic presence in the City, (iv) promoting economic development in the area of the City which the Business Site is located, (v) generating ...

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