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 hereby are authorized to execute any and all documents and take any other actions necessary to give effect to this Resolution.
Enacted and Approved
Effective Date: This Resolution shall be effective immediately upon its passage by a majority of the Legislature.
APPROVED AS TO FORM:
______________________________ ________________________________
Chief Deputy County Counselor County Counselor
Certificate of Passage
I hereby certify that the attached resolution, Resolution No. 19651 of November 13, 2017, was duly passed on November 20, 2017 by the Jackson County Legislature. The votes thereon were as follows:
Yeas ________9_________ Nays ____0_______
Abstaining _____0______ Absent ____0________
______________________ _____________________________________
Date Mary Jo Spino, Clerk of Legislature