Sponsor: City Manager’s Office COMMITTEE SUBSTITUTE Accepting and approving the recommendation of the Tax Increment Financing Commission of Kansas City, Missouri, as to the termination of the Country Club Plaza Tax Increment Financing Plan and the termination of the designation of Redevelopment Project Areas 1, 7, and 8 described therein; acknowledging that the twenty-three-year statutory period for the capture of tax increment allocation financing within Project Areas 1, 2, and 3 has expired; declaring as surplus those funds within the special allocation funds established in connection with Redevelopment Project Areas 1, 2, 3, 7, and 8; dissolving the special allocation funds established in connection with Redevelopment Project Areas 1, 2, 3, 7, and 8; authorizing the distribution of such surplus funds; estimating and appropriating the sum of $2,900,000.00; and directing the City Clerk to send copies of this ordinance to Jackson County.

Ordinance Passed Introduced December 9, 2024

Where it was heard