File #: 13230    Version: 0 Name: Santa Fe Trail Neighborhood TIF
Type: Resolution Status: Passed
File created: 5/22/2000 In control: Finance and Audit Committee
On agenda: 5/22/2000 Final action: 6/19/2000
Title: A RESOLUTION authorizing the County Executive to execute a Cooperative Agreement with McProperties, L.L.C., and the City of Independence, MO, regarding the Santa Fe Trail Neighborhood Tax Increment Financing Plan.
Sponsors: Victor E. Callahan
Indexes: COOPERATIVE AGREEMENT, TAX INCREMENT FINANCING PLAN
IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI


Title
A RESOLUTION authorizing the County Executive to execute a Cooperative Agreement with McProperties, L.L.C., and the City of Independence, MO, regarding the Santa Fe Trail Neighborhood Tax Increment Financing Plan.


Intro

RESOLUTION # 13230, May 22, 2000
INTRODUCED BY Victor E. Callahan, County Legislator

Body
WHEREAS, pursuant to the Real Property Tax Increment Allocation Redevelopment Act, ยงยง99.880. et seq., RSMo, the council of the City of Independence has approved the Tax Increment Financing Plan for the Santa Fe Trail Neighborhood Redevelopment Project; and,

WHEREAS, this project will include two car dealerships; and,

WHEREAS, the developer of this project, McProperties, L.L.C., the City, and the County desire to ensure that the taxes generated from economic activities within the redevelopment project area and particularly from the dealerships, receive proper treatment under state law; and,

WHEREAS, to that end, the developer, the City, and the County have negotiated the attached Cooperative Agreement, which will govern as to this issue; and,

WHEREAS, the execution of this Cooperative Agreement is in the best interests of the Health, Welfare, and Safety of the citizens of Jackson County; now therefore,

BE IT RESOLVED by the County Legislature of Jackson County, Missouri, that the County Executive be and hereby is authorized to execute the attached Cooperative Agreement with McProperties, L.L.C., and the City of Independence.

Enacted and Approved
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 # 13230 of May 22, 2000 was duly passed on ___________June 19________________, 2000 by the Jac...

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