ORDINANCE NO. 240063
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Sponsor: Director of Public Works Department
Appropriating $727,244.81 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 an accelerated effective date.
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WHEREAS, on July 19, 2012, the City Council passed Ordinance 120618 which approved the Twelfth Amendment to the KCI Corridor Tax Increment Financing Plan that included improvements to Old Tiffany Springs Road (aka N.W. Old Stagecoach Road) from Green Hills Road to Line Creek Parkway; and
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 October 6, 2022, the City Council passed Ordinance 220883 which approved a Master Planned Development Plan that included relocation of the intersection of N. Mexico City Avenue and N.W. Roanridge Road/N.W. 132nd Street; and
WHEREAS, the City Planning and Development Department has collected the required fees for the projects at N. Mexico City Avenue and N.W. Old Stagecoach Road; and
WHEREAS, the Department of Public Works' portion of those fees totals $727,244.81; NOW, THEREFORE,
BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:
Section 1. That $727,244.81 is hereby appropriated from the Unappropriated Fund Balance to the following accounts in the Development Services Fund:
24-2210-891572-B-89008956 N. Mexico City Avenue $628,151.32
24-2210-891572-B-89008891 N.W. Old Stagecoach Road 99,093.49
TOTAL: $727,244.81
Section 2. This ordinance is recognized as an ordinance with an accelerated effective date as provided by Section...
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