Title
Public Hearing for the Second Amendment to the Chapter 353 Redevelopment Plan for the Blue Parkway and Colbern Road Redevelopment Area
Body
Issue/Request:
Public Hearing for the Second Amendment to the Chapter 353 Redevelopment Plan for the Blue Parkway and Colbern Road Redevelopment Area
Key Issues:
This is a public hearing regarding the second amendment to the Redevelopment Plan. The public hearing is being conducted pursuant to Section 353.060 and 353.110, RSMo. Rich Wood with Gilmore & Bell, PC, the City's Economic Development legal counsel, will provide the City's presentation on this matter. Mr. Wood and staff will be available for questions.
Saint Luke's East Hospital and Saint Luke's is pursuing the purchase of 13.58 acres of property from Unity which is located within the Blue Parkway and Colbern Road Redevelopment Area - Chapter 353 Redevelopment Plan within the corporate city limits of Lee's Summit. In pursuing the property purchase, a Second Amendment to the Chapter 353 Redevelopment Plan for the Blue Parkway and Colbern Road Redevelopment Area is being proposed and requested, along with amendments to the Redevelopment Agreement and Cooperative Agreement that accompany the Chapter 353 Redevelopment Plan.
The proposed amendments provide that (a) the Saint Luke’s Property will not be transferred to the Corporation prior to conveyance to Saint Luke’s and will not be subject to Tax Abatement as provided in the Redevelopment Plan, (b) during the time that Saint Luke’s or its affiliates owns the Saint Luke’s Property it will be excluded from the imposition of special assessments imposed by the District, (c) during the time that Saint Luke’s or its affiliates owns the Saint Luke’s Property, sales which occur on the Saint Luke’s Property that are exempt from tax under State law and other local laws, apart from the CID Act, shall also be exempt from the CID District Sales Tax, and (d) additional related terms and provisions as set forth in the d...
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