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FINANCIAL_SERVICESAPPROVED

Kansas City Finance, Governance and Public Safety Committee Agenda April 21, 2026

City Enters Tax Contribution Agreement With TIF Commission for West Bottoms

KC WaterKANSAS CITY TIF COMMISSIONApril 21, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Kansas City authorized a Cooperative Agreement and Tax Contribution Agreement with the Kansas City TIF Commission to govern payment and reimbursement of West Bottoms public infrastructure costs. The agreements support special obligation bond financing for the Somera Road West Bottoms redevelopment.

Contract Details

Vendor

KANSAS CITY TIF COMMISSION

Agency

KC Water, MO

Contract Type

FINANCIAL_SERVICES

Document Date

April 21, 2026

Contract Term

up to 30 years for tax contributions and reimbursements

Renewal Date

2056-12-31

Renewal Info

Agreement term aligned with the life of the TIF plan and associated special obligation bonds; up to 30 years of annual appropriations and reimbursements are anticipated.

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