240455
Sponsor: Councilmember Ryana Parks-Shaw COMMITTEE SUBSTITUTE Authorizing the City Manager to negotiate and execute a development agreement with Swope Health Services or an affiliated entity for the property located at 5900 Swope Parkway, in Kansas City, Missouri, estimating revenue from the sale of property and appropriating funds to defease outstanding bonds; appropriating $2,500,000.00 from the unappropriated fund balance of the Health Levy as a contribution toward redevelopment of the site; authorizing the Director of Finance to execute an escrow agreement and related documents; approving the selection of Kutak Rock LLP and Hardwick Law Firm as defeasance counsel for this matter; and directing the City Manager to identify additional funding sources for up to $2,500.000.00 to be utilized for the redevelopment of the site.
- Committee
- Council
- Introduced
- May 16, 2024
- On agenda
- May 23, 2024
- Passed
- May 23, 2024
Where it was heard
Council Council Council Finance, Governance and Public Safety Committee CouncilWatch Kansas City
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