File #: 13637    Version: 0 Name: Land Trust - conveyance of 75 parcel in KCMO
Type: Resolution Status: Passed
File created: 3/26/2001 In control: Finance and Audit Committee
On agenda: 3/26/2001 Final action: 4/9/2001
Title: A RESOLUTION authorizing the Trustees of the Land Trust of Jackson County, Missouri to convey seventy-five (75) 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 § 141.750.2 RSMo 2000.
Sponsors: Ronald E. Finley
Indexes: LAND TRUST, REAL PROPERTY
IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI


Title
A RESOLUTION authorizing the Trustees of the Land Trust of Jackson County, Missouri to convey seventy-five (75) 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 § 141.750.2 RSMo 2000.

Intro
RESOLUTION 13637, March 26, 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, 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 of Kansas City be conveyed to various public entities and neighborhood associations including K.C. Acquisitions, LLC, Housing and Economic Development Financial Corporation, KCATA, City of Kansas City, and Neighborhood Housing Services, for a nominal consideration, to support projects that upgrade and improve the neighborhoods and commercial districts in the urban core, and because the 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; and

WHEREAS, the City Council of the City of Kansas City, in Resolution No. 010144, a copy of which is attached hereto as Exhibit A, has agreed to and passed a resolution supporting the conveyance of said seventy-five (75) properties; now therefore,

BE IT RESOLVED by the County Legislature of Jackson County, Missouri, that the Trustees of the Land Trust of Jackson County be and hereby are authorized to convey the seventy-five (75) properties listed in Exhibit A for an amount of less than two-thirds fair market value; and,

BE IT FURTHER RESOLVED that Trustees are hereby...

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