5942 - Laserfiche WebLink

Home Browse Search

INTRODUCED BY COUN~ILMEMBERADAMS BILL NO. 8157 ORDINANCE NO. 5942 AN ORDINANCE APPROVING THE REDEVELOPMENT PLAN FOR THE PROPERTY AT 6901 DELMAR; FINDING SAID PROPOSAL TO BE IN COMPLIANCE WITH CHAPTER 353 R.S. MO. 1986, AS AMENDED, FINDING THAT THE PROPERTY IS BLIGHTED AND THAT REDEVELOPMENT OF SUCH PROPERTY IS NECESSARY AND IN THE PUBLIC INTEREST UNDER CHAPTER 353 R.S. MO. 1986, AS AMENDED, AND IS IN THE INTEREST OF PUBLIC HEALTH, SAFETY, MORALS AND GENERAL WELFARE OF THE PEOPLE OF THE CITY OF UNIVERSITY CITY; AUTHORIZING A GRANT OF TAX ABATEMENT TO ANCHOR TEMPLE REDEVELOPMENT CORPORATION; AUTHORIZING THE CITY MANAGER TO EXECUTE ANY AND ALL DOCUMENTS NECESSARY TO IMPLEMENT THIS ORDINANCE; AND CONTAINING A SEVERABILITY CLAUSE. WHEREAS, the property at 6901 Delmar Boulevard (the "Property") is located in University City, Missouri; and WHEREAS, Sanford S. Talley is the owner of the Property; and WHEREAS, Anchor Temple Redevelopment Corporation (the "Redevelopment Corporation") is a Missouri Urban Redevelopment Corporation operating and existing pursuant to the provisions of Chapter 353 R.S. Mo. 1986, as amended; and WHEREAS, Anchor Temple Redevelopment Corporation, in conjunction with Sanford S. Talley, has submitted a redevelopment plan dated November 12, 1993, as revised November 24, 1993, attached hereto as Exhibit A and incorporated herein by this reference (the "Redevelopment Plan") for the rehabilitation of the Property; and WHEREAS, Sanford S. Talley is proposing to transfer title to the Property to the Redevelopment Corporation, subject to the Redevelopment Plan; and WHEREAS, in connection with the Redevelopment Plan, the Redevelopment Corporation has requested a grant of tax abatement under Chapter 353 R.S. Moo 1986, as amended, for a term of ten years, said abatement being more particularly described in the Redevelopment Plan; and