IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI
Title
A RESOLUTION authorizing the Trustees of the Land Trust of Jackson County, Missouri to convey three (3) parcels of real property located in Kansas City, Jackson County, Missouri for support of various projects for the upgrading and redevelopment of the urban core in accordance with § 141.750.0 RSMo, 2000.
Intro
RESOLUTION 13808, August 27, 2001
INTRODUCED BY Ronald E. Finley, County Legislator
Body
WHEREAS, Section 141.750.2, RSMo 2000, authorizes the Trustees of the Land Trust of Jackson County to convey title in fee simple for consideration less than two-thirds of the appraised value of a property only after the consent of at least two of the Trustees' appointing authorities; and,
WHEREAS, the Trustees have recommended that certain properties in the urban core, be conveyed to various public entities and neighborhood associations including HEDFC and K.C. Acquisitions, LLC to support the construction and rehabilitation of residential properties as well as the implementation of other strategies to curb blight within the urban core; and,
WHEREAS, the County has undertaken and supports various projects to upgrade and improve the neighborhoods and commercial districts in the urban core, and the conveyance of these parcels of land are of value to Jackson County and the City of Kansas City in that the projects are likely to combat the occurrence of blight in the urban core; now therefore,
BE IT RESOLVED by the County Legislature of Jackson County, Missouri, that the Land Trust Trustees be allowed to convey the following three (3) properties listed below for amounts of less than two-thirds market value to HEDFC and K.C. Acquisitions, LLC for the purposes shown:
ADDRESS TRANSFEREE PURPOSE
2615 Paseo HEDFC Infill Housing
2212 Lydia . HEDFC Infill Housing
2208 Vine K.C. Acquisitions, LLC Infill Housing
and,
BE IT FURTHER RESOLVED that Land Trust Trustees are hereby authorized to execute any and all necessary documents to convey the above-described properties to HEDFC and K.C. Acquisitions, LLC, for less than two-thirds market value.
Fiscal Note
Effective Date: This Resolution shall be effective immediately upon its passage by a majority of the Legislature.
APPROVED AS TO FORM:
____________________________ ______________________________
County Counselor
Certificate of Passage
I hereby certify that the attached resolution, Resolution # 13808 of August 27, 2001 was duly passed on ____________September 10_________________, 2001 by the Jackson County Legislature. The votes thereon were as follows:
Yeas ______8_________ Nays _______0_______
Abstaining _____0______ Absent _____1_______
________________________ ______________________________
Date Mary Jo Brogoto, Clerk of Legislature