File #: 3273    Version: 0 Name: Termination of plan contract - Solarwoods and Solarstone.
Type: Ordinance Status: Passed
File created: 7/8/2002 In control: Finance and Audit Committee
On agenda: 7/8/2002 Final action: 7/22/2002
Title: AN ORDINANCE authorizing the execution of a termination of plan contract terminating the tax increment financing plan for Solarwoods and Solarstone Business Park, Phase No. 2, repealing certain previously enacted ordinances, and authorizing other related actions in connection with the redevelopment of certain property within the County.
Sponsors: Victor E. Callahan
IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI


Title
AN ORDINANCE authorizing the execution of a termination of plan contract terminating the tax increment financing plan for Solarwoods and Solarstone Business Park, Phase No. 2, repealing certain previously enacted ordinances, and authorizing other related actions in connection with the redevelopment of certain property within the County.


Intro
ORDINANCE # 3273, July 8, 2002

INTRODUCED BY Victor E. Callahan, County Legislator


Body
WHEREAS, the Legislature has established the Jackson County, Missouri Tax Increment Financing Commission (the "Commission") pursuant to the Real Property Tax Increment Allocation Redevelopment Act, Sections 99.800 to 99.865 of the Revised Statutes of Missouri, as amended (the "TIF Act"); and,

WHEREAS, the Commission considered a redevelopment plan and project entitled "Tax Increment Financing Plan for SolarWOODS and SolarSTONE Business Park, Phase No. 2" (the "1991 Redevelopment Plan") and the designation of a redevelopment area described in the 1991 Redevelopment Plan (the "Redevelopment Area"); and

WHEREAS, pursuant to its Resolution No. 4 and Resolution No. 5, the Commission, after giving all notices required by the TIF Act and holding a public hearing at which all interested parties had an opportunity to be heard and at which the Commission heard and considered all protests and objections concerning the 1991 Redevelopment Plan and the Redevelopment Area, voted to recommend to the Legislature that the Redevelopment Area be designated a "redevelopment area" and that the 1991 Redevelopment Plan and certain redevelopment projects set forth therein (the "1991 Projects") be approved; and

WHEREAS, after due consideration of the Commission's recommendation and after making each of the findings required by Section 99.810 of the TIF Act, the Legislature adopted Ordinance 2061 and 2070 (the "1991 Redevelopment Plan Ordinances") designating the Redev...

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