Title
An Ordinance approving a Plan for a Chapter 100 Project for the View High Sports and Entertainment Project.
(Note: First read by Council on June 10, 2025. Passed by unanimous vote.)
Body
Issue/Request:
This is an ordinance that would approve a Chapter 100 Plan for the View High Sports Complex and authorizing the issuance by the City of its taxable industrial development revenue bonds in the aggregate principal amount of not to exceed $49,350,000 to finance costs of the project to be constructed by the company 3d Builders KC, LLC (the “Developer”), as the Developer of the View High Sports Complex Project. The Bonds will be issued pursuant to the provisions of Sections 100.010 to 100.200 of the Revised Statutes of Missouri, as amended, and Article VI, Section 27(b) of the Missouri Constitution, as amended (collectively, the “Act”).
Key Issues:
Developer is requesting that the City approve incentives through a Chapter 100 Plan to provide sales and use tax exemption on construction materials and 100% tax abatement for 25 years, which is the maximum allowed by the Missouri Constitution.
Proposed City Council Motion:
I move for second reading of An Ordinance Approving A Plan for a Chapter 100 Project for the View High Sports and Entertainment Project.
Background:
On March 18, 2025, the City Council held a public hearing to consider a rezoning for the Project from District AG (Agricultural) to District CP-2 (Planned Community Commercial) and Preliminary Development Plan for View High Sports Complex on approximately 17.18 acres of land located at 3350 NW Ashurst Drive.
At the March 18, 2025 Council meeting, the City Council also heard a conceptual presentation about the incentive request presented by Developer. A majority of the City Council expressed an interest in considering the incentive request through the formal Chapter 100 process and the process governing the companion CID petition through the Community Improvement District Act. The City Council...
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