Board Bill Number 160 Votes In Session 2019-2020

Municipal Courts Building Hotel TIF Redevelopment Plan and Agreement

Board Bill

1. On July 18, 2017, the City adopted Ordinance No. 70598 (Board Bill No. 70), which, among other things approved that certain Redevelopment Plan titled “Municipal Courts Building Hotel TIF Redevelopment Plan” dated March 23, 2017 concerning the redevelopment of the municipal courts buildings located at 1320 Market (the “Redevelopment Area”) and authorizing tax increment financing in connection therewith in accordance with the Real Property Tax Increment Allocation Redevelopment Act, Sections 99.800 through 99.865 of the Revised Statutes of Missouri, as amended. 2. On July 18, 2017, the City adopted Ordinance No. 70599, which authorized the execution of a Redevelopment Agreement (the “Agreement”) between the City and the Vertical Realty Advisors, LLC (the “Developer”). Section 3.4 of the Agreement did provide that the Developer shall complete or cause the completion of the project (absent any event of Force Majeure), not later than December 31, 2020. 3. This Board Bill authorizes the execution of an amendment to the Agreement, which extends deadline for the Developer to complete or cause the completion of the project (absent any event of Force Majeure) until June 30, 2021.

View Board Bill 160 details

12/13/2019 Final Passage Vote Results

Aye 21
No 0
Final Passage Vote
Ward Alderman Position
1 Sharon Tyus Aye
4 Samuel L Moore Aye
5 Tammika Hubbard Aye
6 Christine Ingrassia Aye
9 Dan Guenther Aye
10 Joseph Vollmer Aye
12 Larry Arnowitz Aye
13 Beth Murphy Aye
15 Megan E Green Aye
16 Tom Oldenburg Aye
17 Joseph D Roddy Aye
18 Jesse Todd Aye
19 Marlene E Davis Aye
20 Cara Spencer Aye
21 John Collins-Muhammad Aye
22 Jeffrey L Boyd Aye
23 Joseph Vaccaro Aye
24 Bret Narayan Aye
26 Shameem Clark Hubbard Aye
28 Heather Navarro Aye
President Lewis E Reed Aye
3 Brandon Bosley Did Not Vote
25 Shane Cohn Did Not Vote
7 Jack Coatar Abstain
2 Lisa Middlebrook Absent
8 Annie Rice Absent
11 Sarah Martin Absent
14 Carol Howard Absent
27 Pamela Boyd Absent

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