Kansas City Code ch. 74, art. IX — CHAPTER 100 BONDS | Code of Ordinances of Kansas City, Missouri (Supp. No. 140, Update 1: codified through Ordinance No. 260692, enacted August 13, 2026) — City of Kansas City

Kansas City Code § 74-400 Title.

Sec. 74-400. - Title. This article shall be known as the Chapter 100 Bond ordinance. (Ord. No. 251058, § 6, 2-5-26)

Kansas City Code § 74-401 Policy.

Sec. 74-401. - Policy. Chapter 100 bonds are designed as a financial incentive, primarily for business retention projects, to encourage new jobs and investment in Kansas City. (Ord. No. 251058, § 6, 2-5-26)

Kansas City Code § 74-402 Industrial development plan.

Sec. 74-402. - Industrial development plan. (a) For all proposed chapter 100 projects, a plan shall be submitted to the city council, including: (1) statement identifying each property tax jurisdiction affected by such project, except property assessed by the state tax commission; (2) The most recent equalized assessed valuation of the real property and personal property included in the project, and an estimate as to the equalized assessed valuation of real property and personal property included in the project after the development. (b) Statutory notice. (1) A cost benefit analysis of the project on each school district, county or city; and (2) Identification of any PILOTS expected to be made by any lessee of the project, and the disposition of any such payments by the city. (c) Prior to the introduction of the plan with the council for approval, a community impact statement shall be performed. The community impact statement shall address the following issues: (1) the project's integration with the Spirit Playbook; (2) Cost-benefit of the project with respect to the expected revenue the project will generate, compared to the property taxes abated for the city and the other impacted taxing jurisdictions. The cost-benefit analysis shall include an estimate of the students likely to be generated by the project. (3) The project's projected use of affirmative action policies in construction and hiring. (4) A checklist of: a. Substantial increase in job creation and/or retention of a substantial number of existing employees; b. Real and personal property investment; c. Average wages of present/future employees; d. Capability to attract sales from outside the City; e. Financial strength of the business; f. Additional residents to the area; g. Potential for future expansion; h. Existing versus new business to the city; i. General environmental impact on the area; j. Use of federal and state incentives for the project; k. Evidence of the need for the chapter 100 bonds in recruitment projects; l. Evidence of support for the chapter 100 bonds by the affected taxing jurisdictions; and m. Estimated impact to proximate businesses, or to businesses selling similar products or services located in the city. (d) In accordance with section 100.059 RSMo, the city shall, not less than 20 days before approving the plan for a project, provide written, certified mail, notice of the proposed project to the county in which the project is located, the school district in which the project is located and any other property taxing jurisdiction in which the project is located. Such notice shall state the date on which the city council will first consider approval of the plan, and shall invite such school districts, counties or other taxing jurisdictions to submit comments. Such notice shall also include the following information: (1) A description of the project; (2) An estimate of the cost of the project; (3) A statement of the source of funds to be expended for the project; (4) A statement of the terms upon which the facilities to be provided by the project are to be leased or otherwise disposed of by the municipality. (Ord. No. 251058, § 6, 2-5-26)