Jackson County Missouri - File #: 16907

• File #: 16907
• Version: 0
• Name: Cooperative Agreement for TIF projects
• Type: Resolution
• Status: Passed
• File created: 5/11/2009
• In control: Inter-Governmental Affairs Committee
• On agenda: 5/11/2009
• Final action: 5/18/2009
• Title: A RESOLUTION authorizing the County Executive to execute an Intergovernmental Cooperative Agreement with the City of Kansas City, Missouri, setting forth a process for the allocation of economic activity tax proceeds relating to Tax Increment Financing projects at no cost to the County.
• Sponsors: James D. Tindall
• Indexes: COOPERATIVE AGREEMENT, INTERGOVERNMENTAL AGREEMENT, TIF - (TAX INCREMENT FINANCING COMMISSION)

Date	Ver.	Action By	Action	Result
5/18/2009	0	Inter-Governmental Affairs Committee
5/18/2009	0	County Legislature	Consent Agenda	Pass
5/18/2009	0	County Legislature	adopt	Pass
5/15/2009	0	County Legislature	Go To 1st Meeting	Pass
5/11/2009	0	County Legislature	assign to committee

IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI


Title
A RESOLUTION authorizing the County Executive to execute an Intergovernmental Cooperative Agreement with the City of Kansas City, Missouri, setting forth a process for the allocation of economic activity tax proceeds relating to Tax Increment Financing projects at no cost to the County.


Intro
RESOLUTION #16907, May 11, 2009

INTRODUCED BY James D. Tindall, County Legislator


Body
WHEREAS, the City of Kansas City, MO, and Jackson County have negotiated the terms of an Intergovernmental Cooperative Agreement ("Agreement") setting forth procedures for the timely disbursement of proceeds derived from economic activity taxes collected by the County that are due to the City for Tax Increment Financing (TIF) projects under chapter 99, Revised Statutes of Missouri; and,

WHEREAS, the City has entered into similar agreements with Clay County, Missouri, and Platte County, Missouri; and,

WHEREAS, the Agreement provides terms that will benefit both parties; and,

WHEREAS, the Agreement establishes a process that will reduce County staff time and expense in the calculation of amounts that are statutorily required to be paid to the City for TIF projects; and,

WHEREAS, the attached Intergovernmental Cooperative Agreement sets forth the mutual understandings and obligations of the City and County with regards to the cooperative effort regarding distribution of economic activity tax proceeds ; and,

WHEREAS, this Agreement is in the best interest of the health, welfare, and safety of the citizens of the 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 Intergovernmental Cooperative Agreement with the City of Kansas City, Missouri, for the disbursement of economic activity tax proceeds.

Enacted and Approved
Effective Date: This Resolution shall be ef...