File #: 18104    Version: 0 Name: Winchester Tax Increment Financing Plan
Type: Resolution Status: Passed
File created: 2/19/2013 In control: Finance and Audit Committee
On agenda: 2/19/2013 Final action: 2/25/2013
Title: A RESOLUTION authorizing the County Executive to execute an Intergovernmental Agreement and Mutual Release and Cooperative Agreement with the City of Kansas City, MO, and other public entities relating to the Winchester Tax Increment Financing Plan and the Youth Soccer Facility Improvements Project.
Sponsors: Scott Burnett, Theresa Garza Ruiz, Crystal Williams
Indexes: COOPERATIVE AGREEMENT, INTERGOVERNMENTAL AGREEMENT, TAX ANTICIPATION NOTES, WINCHESTER TIF PLAN
Attachments: 1. 18104adopt.pdf, 2. 18104SXAMD.pdf, 3. 18104AGMT.pdf, 4. 18104AGMT.pdf
Related files: 19927
IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI

Title
A RESOLUTION authorizing the County Executive to execute an Intergovernmental Agreement and Mutual Release and Cooperative Agreement with the City of Kansas City, MO, and other public entities relating to the Winchester Tax Increment Financing Plan and the Youth Soccer Facility Improvements Project.

Intro
RESOLUTION NO. 18104, February 19, 2013

INTRODUCED BY Scott Burnett, Theresa Garza Ruiz, and Crystal Williams, County Legislators


Body
WHEREAS, the Kansas City, MO Tax Increment Financing (TIF) Commission submitted notice of its intent to amend its Winchester TIF plan for the purpose of constructing a youth soccer complex; and,

WHEREAS, Consolidated School District #2 (Raytown) objected to portions of the proposed amendment and the District, Jackson County, and the Mid-Continent Public Library desire to resolve these issues amicably; and

WHEREAS, at its meeting February 13, 2013, the Kansas City TIF Commission approved the Sixth Amendment to the Winchester TIF which, if approved by the Kansas City, MO City Council, Jackson County, the District, and the Library, will terminate the TIF Plan; and

WHEREAS, termination of the Winchester TIF will allow the release of the funds in the Special Allocation Fund, which will be held by the City for infrastructure improvements and an additional account will be established for the construction of the nearby youth soccer facility; and,

WHEREAS, additionally, the City is requesting that the Legislature authorize the County Executive to execute the attached Cooperative Agreement - Youth Soccer Facility Improvements, which sets out each entity's obligations related to the construction of the soccer complex; and,

WHEREAS, under this Agreement, the county's share of the released TIF funds will be applied to the youth soccer facility improvements; and,

WHEREAS, the execution of these Agreements is in the best interest of the health, sa...

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