Jackson County Missouri - File #: 19651

• File #: 19651
• Version: 0
• Name: Universal Floodwater Detention TIF Plan Cooperative Agreement
• Type: Resolution
• Status: Passed
• File created: 11/9/2017
• In control: Finance and Audit Committee
• On agenda: 11/13/2017
• Final action: 11/20/2017
• Title: A RESOLUTION authorizing the County Executive to execute the Universal Floodwater Detention TIF Plan Cooperative Agreement with the City of Kansas City, Missouri, and the Tax Increment Financing (TIF) Commission of Kansas City, Missouri, related to the distribution of Special Allocation Funds in connection with a certain TIF redevelopment project.
• Sponsors: Dennis Waits
• Indexes: TIF - (TAX INCREMENT FINANCING COMMISSION), UNIVERSAL FLOODWATER DETENTION TIF PLAN
• Related files: 19814, 5065

Date	Ver.	Action By	Action	Result
11/20/2017	0	County Legislature	adopt	Pass
11/20/2017	0	County Legislature	Consent Agenda
11/20/2017	0	Finance and Audit Committee	recommend do pass	Pass
11/14/2017	0	County Legislature	Go To 1st Meeting	Pass
11/13/2017	0	County Legislature	assign to committee

IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI


Title
A RESOLUTION authorizing the County Executive to execute the Universal Floodwater Detention TIF Plan Cooperative Agreement with the City of Kansas City, Missouri, and the Tax Increment Financing (TIF) Commission of Kansas City, Missouri, related to the distribution of Special Allocation Funds in connection with a certain TIF redevelopment project.


Intro
RESOLUTION NO. 19651, November 13, 2017

INTRODUCED BY Dennis Waits, County Legislator


Body
WHEREAS, the City of Kansas City, Missouri, and the Tax Increment Financing Commission of Kansas City, Missouri, have requested the execution of the Universal Floodwater Detention TIF Plan Cooperative Agreement related to the distribution of payments in lieu of taxes (PILOTS) and economic activity taxes (EATS) which are being held in a Special Allocation Fund; and,

WHEREAS, this Agreement is related to certain infrastructure improvements in Kansas City, Missouri; and,

WHEREAS, under this Agreement with the City of Kansas City, and the TIF Commission of Kansas City, Missouri, the County would distribute certain surplus PILOTS and EATS payments generated from properties within the redevelopment area to the affected taxing jurisdictions, including the County itself; and,

WHEREAS, the attached Universal Floodwater Detention TIF Plan Cooperative Agreement is a suitable mechanism by which to implement the mutual understanding of the parties; and

WHEREAS, the execution of this Agreement is in the best interest of the health, safety and welfare 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 Universal Floodwater Detention TIF Plan Cooperative Agreement with the City of Kansas City, Missouri, and the TIF Commission of Kansas City, Missouri; and,

BE IT FURTHER RESOLVED that all County officials be and h...