Definition.

Kansas City Code § 74-501

in effect

Sec. 74-501. - Definition. For purposes of this article, the following words shall have the following meanings (1) Speculative industrial or warehouse building means any newly constructed facility which is neither owner occupied nor built-to-suit, and which is eligible for and being marketed to one or more qualified business enterprises which are primarily of an industrial or warehouse character. (2) Initial tax abatement means a two year, 50 percent abatement of ad valorem tax on improvements consisting of a speculative industrial or warehouse building. (3) Longer tax abatement means 50 percent abatement of ad valorem tax on improvements consisting of a speculative industrial or warehouse building for the eight year period following the two year period described in subsection (2) above, provided that at the end of such two year period the speculative industrial or warehouse building is at least 20 percent occupied by an eligible business. (4) Eligible business means a business occupying space within a speculative industrial or warehouse building and eligible for incentives under the enhanced enterprise zone program pursuant to section 135.950(9)(b), RSMo, as codified under Ordinance Nos. 051411, 051412, and 051413 of the City of Kansas City, Missouri. The determination of whether a business is eligible shall be limited solely to chapter 135, as codified, and in no event will the determination of eligibility require a certification under the Missouri Works Program. (5) Longer deeper abatement means a tax abatement longer than 10 years or exceeding 50 percent. (6) Opportunity zone means an area in Kansas City, Missouri which has been designated an opportunity zone by the US Department of the Treasury. (7) EEZ board (8) Eastside investment zone (Ord. No. 251058, § 6, 2-5-26)

Source: City of Kansas City, Missouri, Code of Ordinances, Charter and Zoning and Development Code (Municode Library, library.municode.com)URL: https://library.municode.com/mo/kansas_city/codes/code_of_ordinances?nodeId=COORKAMIVOII_CH74ECDEINPOPRCO_ARTXIENENZO_S74-501DEFetched: 10/28/2026