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HomeMy WebLinkAbout1729 Establish Riverside Red X Community Improvement District BILL NO. 2020-028 ORDINANCE NO. 1729 AN ORDINANCE APPROVING THE PETITION TO ESTABLISH THE RIVERSIDE RED X COMMUNITY IMPROVEMENT DISTRICT WHEREAS, Sections 67.1401 to 67.1571 RSMo, 2000, as amended (the "CID Act"), authorize the governing body of any city, upon presentation of a proper petition requesting the formation I and after a public hearing, to adopt an ordinance establishing a community improvement district; and WHEREAS, the City of Riverside, Missouri (the "City") is a city of the fourth class and a political subdivision of the State of Missouri, duly created, organized and existing under and by virtue of the Constitution and laws of the State of Missouri; and WHEREAS, on June 9, 2020, 100% of property owners per capita and by assessed value within the proposed Riverside Red X Community Improvement District filed with the Clerk of the City (the "City Clerk") a petition for the establishment of a community improvement district pursuant to the CID Act (the "Petition), entitled the Riverside Red X Community Improvement District(the"District"); and WHEREAS, the City Clerk verified that the Petition substantially complies with the CID Act, submitted the verified Petition to the Board of Aldermen and set a public hearing with all proper notice being given in accordance with the CID Act or other applicable law; and WHEREAS, none of the signatures of the signers of the Petition were withdrawn within seven days after the Petition was filed with the City Clerk; and WHEREAS, all the real property included in the District is entirely located within the City; WHEREAS, the applicants seek that the property within the District be declared a blighted area pursuant to the CID Act; and WHEREAS, on July 1, 2020, the Board of Aldermen held a public hearing at which all persons interested in the formation of the District were allowed an opportunity to speak and at which time the Board of Aldermen heard all protests and received all endorsements. NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF ALDERMEN FOR THE CITY OF RIVERSIDE, MISSOURI, as follows: SECTION 1 — APPROVAL OF PETITION. That the Riverside Red X Community Improvement District is hereby approved and shall be established within the City as a political subdivision of the State of Missouri, as provided in the Petition filed with the City Clerk on June 9, 2020, a copy of which is attached hereto as Exhibit A and incorporated herein by this reference. {33909/70713;886392.2 } SECTION 2 — INITIAL BOARD MEMBERS. That the District shall be governed by a board of directors consisting of five (5) members. The names and terms of office of the initial Board of Directors were proposed in the Petition and the following individuals are hereby appointed by the Mayor with the consent of the Board of Aldermen to serve as the Board of Directors for the District for the initial terms set forth below Zeke Young 4 year term Jennifer Boyd 4 year term Jeff Vochatzer 2 year term Heather Schaefer 2 year term Mike Harper 2 year term SECTION 3 — PURPOSE AND POWERS. That the District is hereby established for the purposes set forth in the petition; that the District shall have all the powers and authority authorized by the petition the Act, and by law; and that the District shall continue to exist and function in perpetual existence unless terminated in accordance with Missouri law. SECTION 4 — CITY REPORTING. That upon the effective date of this ordinance, the City Clerk is hereby directed to report the creation of the District to the Missouri Department of Economic Development pursuant to Section 67.1421.6 RSMo, by sending a copy of this ordinance to said agency. SECTION 5 — BLIGHTED AREA. The Board of Aldermen, based upon the Blight Study that was submitted to the City on June 9, 2020 and the evidence and testimony presented at the public hearing, hereby find that the property in the District is a Blighted Area as defined in the CID Act. The District may exercise the additional powers granted by the CID Act within the District area to remediate the blighting conditions. SECTION 6 — FURTHER AUTHORIZATION. That the City Administrator, City Clerk and such other officials of the City may execute any other additional documents or take such other actions as are necessary, incidental or expedient to carry out the intent of this Ordinance approved and the authority granted herein. SECTION 7 — EFFECTIVE DATE. That this ordinance shall be in full force and effect from and after the date of its passage and approval. BE IT REMBERED that the above was read two times by heading only, PASSED AND APPROVED by a majority of the Board of Aldermen and APPROVED by the Mayor of the City of Riverside this 1St day of July, 2020. Mayor Kathleen L. Rose ATTEST: Robin Kincaid, City Jerk 133909/70713;886392.2 1 2 Exhibit A Petition to Establish the Riverside Red X Community Improvement District 133909/70713;886392.2 } 3 RIVERSIDE RED X COMMUNITY IMPROVEMENT DISTRICT PETITION TO THE CITY OF RIVERSIDE, MISSOURI FOR THE CREATION OF THE RIVERSIDE RED X COMMUNITY IMPROVEMENT DISTRICT Submitted June 9, 2020 133909/70713;883798.2} 1 PETITION FOR THE CREATION OF THE RIVERSIDE RED X COMMUNITY IMPROVEMENT DISTRICT To the Board of Aldermen('Board of Aldermen")of the City of Riverside, Missouri("City"): The undersigned petitioner ("Petitioner"), (1) being the owner of record owning more than fifty percent (50%) by assessed value of the real property within the boundaries of the hereinafter described proposed Riverside Red X Community Improvement District (the "District"), and (2) comprising more than fifty (50%) per capita of all owners of real property within the boundaries of the District, does hereby petition and request that the Board of Aldermen create such District to fund all or part of the costs of services and improvements described herein and provided and made within the District under the authority of Sections 67.1401 to 67.1571, R.S.Mo. (the "Act"). 1. Boundaries,Legal Description, and Map of District The legal description of the District is attached hereto as Exhibit A. A map of the boundaries of the District is attached hereto as Exhibit B, confirming that the District is contiguous. The District is located entirely within corporate boundaries of the City. A summary of the parcel(s) within the District owned by each Petitioner is attached hereto as Exhibit C. 2. Name of District The name of the District is Riverside Red X Community Improvement District. 3. Signatures May Not Be Withdrawn Notice has been provided to all Petition signers that their signatures may not be withdrawn later than seven (7) days after the filing of this Petition with the City Clerk. This notice is included on each signature page attached to this Petition. 4. Five-Year Plan A five-year plan stating a description of the purposes of the District, the services it will provide, the improvements it will make and an estimate of costs of these services and improvements to be incurred is attached hereto as Exhibit D. 5. District Type The District will be established as a political subdivision of the State of Missouri in accordance with the Act. 133909/70713;883798.1 2 6. District Governance,Number of Directors The District will be governed by a board of directors elected by the District, which board shall consist of five(5)members. 7. Board of Directors Pursuant to Section 67.1451.6, R.S.Mo., the initial board of directors and their respective terms shall be: Zeke Young 4 years Jennifer Boyd 4 years Jeff Vochatzer 2 years Heather Schaefer 2 years Mike Harper 2 years Successor directors shall be elected by the District for four-year terms. Pursuant to Mo. Const. Art. 7, §8, each of the above initial board members are citizens of the United States, and have resided in the State of Missouri for at least one year preceding the submittal date of this Petition. 8. Total Assessed Value The total estimated assessed value of all real property located within the District, as reported by the Platte County Assessor's Office, is $1,105,455. As depicted on Exhibit C, Petitioner owns real property within the District currently assessed at $1,105,455 representing 100% of the assessed value of all of the real property within the District. 9. Determination of Blight Petitioner is seeking a determination of blight. 10. Proposed Length of Time The life of the District shall begin from the effective date of the ordinance establishing the District, and shall be in existence for thirty (30) years to fund capital improvements and services, provided however the District's life may be automatically continued for successive ten year terms, until all of the project costs are satisfied, without having to submit a new petition subject to the condition precedent that the Board of Aldermen shall not have adopted a resolution disallowing such continuation prior to the date upon which any successive term would have commenced unless sooner terminated in accordance with Section 67.1481, R.S.Mo. of the Act. 133909/70713;883798.1 3 l 1. Proposed Method of Financing District Projects- Sales Tax The proposed District Projects will be financed through a conventional secured loan, and/or reimbursement agreement or bonds issued by the District or other authorized body, any of which will be secured by the pledge of revenue received from the imposition of a one percent (1%) District sales tax within the District ("CID Sales Tax"). 12. Maximum Rates of Business Licenses and Real Property Taxes The District will impose no real property tax levy or business license taxes within the District. 13.Method of Assessment and Maximum Rates of Special Assessments The District will impose no special assessments within the District. 14.Limitations on Borrowing Capacity Petitioner does not seek limitations on the borrowing capacity of the District. 15. Limitations on Revenue Generation Petitioner does not seek limitations on the revenue generation of the District. 16. Other Limitations on District Powers Petitioner does not seek limitations on the powers of the District. 17.Audit The City Auditor shall have the right to examine or audit the records of the District and shall require that the District make such records available to the City Auditor within ten(10) days after a written request for the same is made. 18. Severability/Exhibits It is the intention of the Petitioner that the provisions of this Petition shall be enforced to the fullest extent permissible under the laws and public policies of the State of Missouri and that the unenforceability (or modification to conform with such laws or public policies) of any provision hereof shall not render unenforceable, or impair, the remainder of this Petition. Accordingly, if any provision of this Petition shall be deemed invalid or unenforceable in whole or in part, this Petition shall be deemed amended to delete or modify, in whole or in part, if necessary, the invalid or unenforceable provision or provisions, or portions thereof, and to alter the balance of 133909/70713;883798.} 4 this Petition in order to render the same valid and enforceable. All exhibits attached hereto are hereby incorporated into this Petition by reference. 19. Anticipated Private Development: It is anticipated that the private development shown on Exhibit F will likely result from the establishment of the District. 20. Request for Establishment By execution and submission of this Petition, the Petitioner respectfully requests that the Board of Aldermen establish the Riverside Red X Community Improvement District as set forth in this Petition. (Remainder of page intentionally left blank. Signature page to follow.) 133909/70713;883798.1 5 IN WITNESS WHEREOF, I, the undersigned Petitioner, have executed the above foregoing Petition to create a Community Improvement District: Name of Owner Guy Zeke Young Trust Owner's Telephone Number 417-766-4268 Owner's Mailing Address PO BOX 1220 OZARK, MO 65721 Name of Signer Guy Zeke Young Signer's Legal Authority to Sin Trustee of the Guy Zeke Young Trust Signer's Telephone Number Same as above. Signer's Mailing Address Same as above. Type of Entity Trust Map, Parcel Number and Assessed Value of Each See following pages Tract of Property Owned within the District By executing this Petition, the undersigned represents and warrants that he is legally authorized to execute this Petition on behalf of the property owner named immediately above. The undersigned acknowledges that it has been given notice that its signature below may not be withdrawn later than seven (7) days after the filing of this Petition with the City Clerk. Guy Zeke Young, Trustee of the Guy Zeke Young Trust UTA dated October 12, 1999, as amended By: an�%� Name: Guy eke oung Its: Trustee of the Guy Zeke Young Trust Date: (o STATE OF MISSOURI ) (( ) ss. COUNTY OFC—ko —AkIl ) BE IT REMEMBERED, that on this day of2020, before me, the undersigned, a Notary Public in and for the County and State aforesaid, came Guy Zeke Young, Trustee of the Guy Zeke Young Trust, who executed the within instrument on behalf of said limited liability company and he duly acknowledged the execution of the same to be the act and deed of said limited liability company. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal, the day and year last above written. (� NOTARY PUBLIC My Commission Expire ERIKA L.BATEMAN Notary Public-Notary Seal STATE OF MISSOURI M Commt stioornie County y CommiseionE#12 79 97'2020 j 3390/70713;883798.2} 6 Guy Zeke Young Trust Riverside Red X CID Parcel Numbers and Assessed Values(2020): Parcel ID Address AV 2020 23-2.0-04-400-008-001.000 2401 NW PLATTE RD $905,642 23-2.0-04-400-008-003.000 2401 NW PLATTE RD $199,813 Total $1,105,455 133909/70713;883798.} 7 CLERK'S RECEIPT OF PETITION This Petition was filed in the office of the City Clerk of the City of Riverside, Missouri on the day of , 2020. c- City Clerk [SEAL] 133909/70713;883798. } 8 EXHIBIT A LEGAL DESCRIPTION OF DISTRICT Riverside Misc tract in the SE '/ SE '/o of Sec 4 T50 R33 lying S of NW Platte Road row except S30' And 2°d plat of Renner Plaza Lots 32 Thru 36 (Meets and bounds legal description will be provided prior to public hearing.) {33909/70713;883798.) A June 18, 2020 DESCRIPTIONS PART OF RENNER PLAZA NO. 2 AND PART OF THE SOUTHEAST QUARTER OF SECTION 4, TOWNSHIP 50 NORTH, RANGE 33 WEST, RIVERSIDE, PLATTE COUNTY, MISSOURI TRACT A A portion of Lot 31 and all of Lots 32, 33, 34, 35 and 36, RENNER PLAZA NO. 2, except that part taken as permanent road right-of-way granted to City of Riverside, Missouri described by the instruments recorded in Book 1021 at Page 433 and Book 1021 at Page 667, Platte County Recorder's office, Platte City, Missouri, more particularly described as follows: Commencing at the Southeast corner of said Lot 36, also being the Southeast corner of the Southwest 1/4 of the Southeast 1/4 of said Section 4; thence N 00° 28' 26" E, (N 00° 23' 27" E— Plat), along the East line of said Lot 36, a distance of 73.45 feet to a point on the North line of a permanent right-of-way of the Riverside-Quindaro Bend Levee District as described and recorded in Book 715 at Page 621, said Platte County Recorder's office, to the POINT OF BEGINNING; thence continuing N 00° 28' 26" E, (N 00° 23' 27" E—Plat), along the East line of said Lot 36 and Lot 35, a distance of 849.92 feet to a point on said permanent road right-of- way; thence N 67° 56' 25" W, along said road right-of-way, a distance of 236.26 feet to a point of curvature; thence continuing along said right-of-way, on a curve on the right having a radius of 1397.23 feet, a central angle of 0° 08' 18" and an arc distance of 3.37 feet to a point on a line drawn from the North line to the South line of said Lot 31, parallel with and 35.63 feet Easterly of the line separating Lots 30 and 31, RENNER PLAZA NO. 2 (also being the East line of the West 35.63 feet of said Lot 31); thence S 21° 55' 50" W, along said line, a distance of 208.11 feet to a point on the Northeasterly line of Lot 2, RIVERSIDE BUSINESS PARK, thence S 55° 04' 04" E, (S 55° 12' 34" E—Plat), along the Northeasterly line of said Lot 2, a distance of 271.60 feet to the Northeasterly corner of said Lot 2; thence S 00° 28' 26" W, (S 00° 19' 56" W —Plat), along the East line of said Lot 2, a distance of 609.52 feet to a point on the North line of said permanent right-of-way of the Riverside-Quindaro Bend Levee District; thence N 74° 36' 51" E, (N 74° 39' 04" E —Deed), along said North right-of-way line, a distance of 68.31 feet; thence N 89° 38' 07" E, (N 89° 40' 22" E— Deed), continuing along said North right-of-way line, a distance of 9.29 feet to the POINT OF BEGINNING. This description having been prepared by Stan W. Lloyd, Mo LS-2001024811. Containing 114,371 square feet or 2.626 acres, more or less TRACT B All the part of the Southeast 1/4 of the Southeast 1/4 of Section 4, Township 50 North, Range 33 West, Platte County, Missouri, more particularly described as follows: Commencing at the Southwest corner of the Southeast 1/4 of the Southeast 1/4 of said Section 4, also being the Southeast corner of Lot 36, RENNER PLAZA NO. 2; thence N 00° 28' 26" E, along the West line of said Southeast 1/4 of the Southeast 1/4, also being the East line of said Lot 36 and 35, RENNER PLAZA NO. 2, a distance of 73.45 feet to a point on the North line of a permanent right-of-way of the Riverside-Quindaro Bend Levee District as described and recorded in Book 715 at Page 621, said Platte County Recorder's office, to the POINT OF BEGINNING; thence N 00° 28' 26" E, (N 00° 23' 27" E—Plat), continuing along said West line of the Southeast 1/4 of the Southeast 1/4 and said East line of said Lots 36 and 35, RENNER PLAZA NO. 2, a distance of 849.92 feet, to a point on the Southwesterly permanent right-of-way of Northwest Platte Road (formerly known as U.S. No. 71 Highway), granted to City of Riverside, Missouri described by instrument recorded in Book 1021 at Page 433 and in Book 1021 at Page 667; thence S 67° 56' 26" E along said Southwesterly right-of-way and the permanent right-of-way of Northwest Platte Road (formerly known as U.S. No. 71 Highway), granted to City of Riverside, Missouri described by instrument recorded in Book 1021 at Page 668, a distance of 460.90 feet; thence on a curve to the left, tangent to the last described course, have a radius of 4050.49 feet, a central angle of 2° 51' 39" and an arc length of 202.24 feet; thence S 69° 36' 01" E, along said Northwest Platte Road right-of-way as now established, a distance of 719.84 feet to a point on the Westerly line of a permanent right-of-way of the Riverside-Quindaro Bend Levee District as described and recorded in Book 715 at Page 621, said Platte County Recorder's office; thence S 15° 56' 34" W, (S 16° 07' 04" W—Deed), along said Westerly line of permanent right-of-way and the Westerly line of a permanent right-of-way to the City of Riverside as described and recorded in Book 1027 at Page 624, said Platte County Recorder's office, a distance of 336.80 feet; thence S 32°48' 31" W, (S 32° 50' 46"W—Deed), along the Northwesterly line of said permanent right-of-way of the Riverside-Quindaro Bend Levee District, a distance of 31.45 feet; thence S 67°24' 39"W, (S 67° 26' 54" W—Deed), along said Northwesterly line, a distance of 43.46 feet to a point on the Northerly line of said permanent right-of-way of the Riverside-Quindaro Bend Levee District, the next five courses will continue along said Northerly line; thence S 89°23' 21"W, (S 89°25' 36"W—Deed), a distance of 298.35 feet; thence N 89° 18' 34"W, (N 89° 16' 19" W—Deed), a distance of 349.85 feet; thence S 89° 59' 14" W, (N 890 58' 31"W—Deed), a distance of 249.98 feet; thence N 85°45' 57"W, (N 85°43' 42" W—Deed), a distance of 161.32 feet; thence S 89° 38' 07" W, (S 89°40' 22" W—Deed), a distance of 89.44 feet, (87.44 feet—Deed), to the POINT OF BEGINNING. This description having been prepared by Stan W. Lloyd, Mo LS-2001024811. Containing 768,687 square feet or 17.647 acres,more or less. The basis of bearings for both of these descriptions is the Missouri State Plane West Zone,NAD 83. pF Mi ,k STAN w V LLOYD oG O NUMBER LS-20010248 � 1� zo W W V O W 00 00 W V ■ _ 0 _.. .. �I r td ow EXHIBIT C PARCEL NUMBERS AND ASSESSED VALUES OF PROPERTY WITHIN DISTRICT PETITIONER'S TRACTS: Guy Zeke Younp,Trust: Parcel ID Address AV 2020 23-2.0-04-400-008-001.000 2401 NW PLATTE RD $905,642 23-2.0-04-400-008-003.000 2401 NW PLATTE RD $199,813 Total $1,105,455 PETITIONER'S PERCENTAGE OF TOTAL CID ASSESSED VALUE: Total AV Petitioner's Parcel $1,105,455 Total AV CID $1,105,455 Percentage of Total AV 100 % 133909/70713;883798. } EXHIBIT D FIVE-YEAR PLAN OF DISTRICT A. General. The District will be established for the purposes of providing funding for the financing, design, construction, demolition, removal, renovation, reconstruction or rehabilitation of certain public improvements or portions thereof, located within the District and related improvements and structures, as authorized pursuant to the Act and R.S.Mo. Section 67.1461.2. Such improvements and renovations are described as those projects eligible for funding or reimbursement from CID revenue as shown in greater detail in the budget described below. The District's purposes also include providing funding for the initial startup costs and ongoing operating costs of the District. B. Purposes. The purposes of the District are to: (1) Form and govern the District in accordance with the Act and the revised statutes of the State of Missouri; (2) Provide or cause to be provided for the benefit of the District, certain improvements and services described herein; (3) Obtain financing for the costs, expenditures, and undertakings of the District; (4) To levy and collect the CID Sales Tax in order to provide a source of repayment for CID Obligations issued to finance the District Projects, or to pledge toward the repayment of CID Obligations issued to finance the District Projects; and (5) Such other purposes authorized by the Act. C. District Administrative/Operation Costs. The administrative/operational services to be performed by the District shall include, but not be limited to,the following: (1) Adopting bylaws, passing resolutions, and otherwise governing the District in the manner required by the Act and the revised statutes of the State of Missouri; (2) Developing funding sources, including the levying of the CID Sales Tax, necessary in order to pay for the required expenses, costs and expenses of the District in a manner authorized by the Act; (3) Providing such accountings, reports and communications as are required by the Act and the Redevelopment Agreement; (4) Employing or contracting for necessary agents, attorneys, engineers, appraisers, construction managers, environmental inspectors and experts of various types and descriptions in order to obtain competent plans and contracts for the construction (such term to include, inter alia, construction, demolition, removal, renovation, reconstruction or rehabilitation) of District Projects as described in this Petition; 133909/70713;883798.} D-1 (5) Arranging for the construction of the District Projects in accordance with approved plans for same; (6) Complying with the terms and conditions of the ordinance of the City authorizing the creation of the District; and The estimated costs for the District's Administrative/Operational Costs are approximately $12,000 annually. D. Improvements to be Made. The improvements to be made by the District are set out on Exhibit D-1. E. District Services. The District is authorized to provide all of those services authorized by the Act, including maintenance of public improvements and public and private property within the District, and supporting business activity and economic development in the District, including, but not limited to, the promotion of business activity, development and retention, and the recruitment of businesses. As the District does not anticipate initially providing such services, the estimated costs for District Services is$0. F. Estimated Initial Five Year Budget. The estimated revenue from the Sales Tax and expenditures of the District for the initial five years of the District are set out on Exhibit D-1 and D-2. G. Budget. The commencement of the construction of District Projects and commencement of District Services and the levy and collection of the CID Sales Tax are anticipated to occur within the first year of the District's existence. H. Initial Start Up Costs. All costs associated with the formation of the District, including, but not limited to, the drafting, filing and prosecuting of this Petition, the negotiation of any and all agreements between the District and the City, including but not limited to legal fees, insurance and accounting fees. The estimated cost of the initial startup of the District is approximately$45,000. f3390/70713;883798.} EXHIBIT D-1 IMPROVEMENTS TO BE MADE 133909/70713;883798.} Riverside Red X CID Capital Improvements and 5-Year Plan CID Eligible Private Item Description Amount Expenditures* Financing Year 1 Year 2 Year 3 Year 4 Year 5 1 Land $ 299,250 $ - $ 299,250 2 Site Development and Infrastructure $ 3,339,819 $ 3,339,819 $ - $ 3,339,819 3 Building Improvements $ 7,586,250 $ - $ 7,586,250 4 FF&E $ 4,845,000 $ - $ 4,845,000 5 Demolition of Old Store $ 393,750 $ 393,750 $ - $ 393,750 6 Levee Detention Basin Relcoation $ 150,000 $ 150,000 $ - $ 150,000 7 Sanitary Sewer Relocation $ 135,000 $ 135,000 $ 135,000 8 Shared Parking Site Work and Utilities $ 850,000 $ 850,000 $ 850,000 9 Design Costs $ 470,295 $ 100,000 $ 370,295 $ 100,000 10 Developer Fee $ 429,975 $ - $ 429,975 11 Levee Special Inspection Fees $ 73,500 $ $ 73,500 12 lFinancing Costs and Permits 1 $ 467,581 $ $ 467,581 13 1 District Expenses(Insurance,Legal and Accounting)* $ 125,000 $ 125,000 1 $ $ 52,000 $ 37,000 $ 12,0001$ 12,000 1$ 12,000 Total $19,165,420 $ 5,093,569 I $14,071,851 1 $ 52,000 $ 3,870,569 $ 12,000 $ 12,000 $ 1,147,000 Note 1:This is a preliminary estimate only.Additional CID Improvements,CID Services,and CID Operating Costs may be incurred or projects added depending on the availability of funds. Available line item funds may be allocated to other items Note 2:All information furnished is from sources deemed reliable,but no warranty or representation is made as to the accuracy thereof and the same is subject to errors,omissions, changes or other conditions without notice. Note 3:CID Eligible Expenditures will be reimbursed subject to actual sales tax receipts;revenue projections forecast a net present value of$4,897,604. * For the first year,this includes all legal costs associated with the formation of the District,drafting,filing and prosecuting this Petition,the negotiation of any and all agreements between the District and the City,and engineering,insurance and accounting fees. 884163.XLSX 6/8/2020 EXHIBIT D-2 ESTIMATED REVENUE FROM SALES TAX 133909/70713;883798.I} Riverside Red X CID Projections Proposed Riverside Red X CID POST REDEV • • RETAIL CID SALES CID YEAR SALES TAX REVENUE 1 $ 33,500.000 $ 325,017 $ 325,017 2 34,170.000 331,517 331,517 3 34,853,400 338,148 338,148 4 35,550,468 344,911 344,911 5 36,261,477 351,809 351,809 6 36,9W707 358,845 358,845 7 37,726.441 366,022 366,022 8 38,480,970 373,342 373,342 9 39,250,589 380,809 380,809 10 40,035.601 388,425 388,425 11 40,836.313 396.194 396,194 12 41,653,039 404,118 404,118 13 42,486,100 412,200 412,200 14 43,335,822 420.444 420,444 15 44,202,539 428,853 428,853 16 45,086,589 437.430 437,430 17 45,988,321 446,179 446,179 18 46,908,088 455,102 455,102 19 47.846,249 464,204 464,204 20 48.803,174 473,488 473,488 21 49,779.238 482,958 482,958 22 50,774,823 492,617 492,617 23 51,790,319 502,470 502,470 24 52,826,125 512,519 512,519 25 53,882.648 522,769 522,769 26 54,960.301 533,225 533,225 27 56,059,507 543,889 543,889 28 57,180,697 554,767 554,767 29 58,324,311 565,862 565,862 30 59,490.797 577,180 577,180 CID SALES TAX REVENUE(GROSS) $ 9,887,622 CID SALES TAX REVENUE(NPV) 4,897,604 NOTES 1.CIDS MAY IMPOSE TAXES ON ALL SALES TAXABLE UNDER 144.010 TO 144.525. 2.CID TERM MAY LAST LONGER THAN THE TERMS PROJECTED ABOVE. 884048.XLSX 6/4/2020 EXHIBIT E PRIVATE DEVELOPMENT {33909/70713;883798. } - v h r• i F r Co LL J Q Red X E Grocery s Deten1on MuLti-Fam f - 3 LVL •. •. Service Road A ON Levee Excav ion Encroachment Area -- it DESIGN RERRESENTATION ONLY NOT FOR CONSTRUCTION Red X Site Plan Concept _y,.�g.dl,g 04/03/2020 RIVERSIDE.MISSOURI City Clerk Verification Pursuant to Sections 67.1401 to 67.1571 of the Revised Statutes of Missouri (the "CID Act"), 1, Robin Kincaid, City Clerk of the City of Riverside, Missouri, state the following: 1. A petition to form the Riverside Red X Community Improvement District was filed with the City Clerk on June 9, 2020. 2. It has been determined on June 10, 2020, which does not exceed ninety days after receipt of the petition, that the petition substantially complies with the requirements of Section 67.1421.2 of the CID Act. 3. On July 1, 2020, I delivered the verified petition to the Board of Aldermen. Date: June 11, 2020 Robin Kincaid City Clerk City of Riverside, Missouri Riverside Red X Community Improvement District Blight Study Riverside Red X, Inc. Riverside, Missouri June 2, 2020 STERRETTURBAN «C Riverside Red X Community Improvement District Blight Study Riverside Red X Community Improvement District Blight Study Riverside Red X, Inc. Riverside, Missouri June 2, 2020 Table of Contents Section I: Introduction Definitions Study Methodology Previous Blight Determinations Legal Description Ownership Boundary Map Section II: Study Area Overview Location&Access Land Area Topography Utilities Zoning Environmental Real Estate Taxes Existing Improvements Billboards Riverside,Missouri Location&Access Neighborhood Demographics Population&Household Income Unemployment Section III: Determination of Blight Study Conditions RS Mo. 67.l 401.2(3)(a) Appendices Appendix A: Property Ownership& Legal Descriptions Appendix B: Property Valuation& Taxes Appendix C: Supplemental Information Zoning Map Appendix D: Summary of Properties&Blighting Factors Present Appendix E: Certification/Assumptions&Limiting Conditions/Qualifications Sterrett Urban LLC 2 Riverside Red X Community Improvement District Blight Study Introduction The purpose of this analysis is to determine if the proposed Riverside Red X Community Improvement District(the "Study Area") in Riverside, Missouri evidences blight according to the Community Improvement District Act—Sections 67.1401 to 67.1571 R.S.Mo. (the "Act"). The consultant visited the Study Area on June 2, 2020. The effective date of this study is June 2, 2020,the date of inspection. The Study Area lies within the city of Riverside, Missouri, and is generally located at 2401 NW Platte Road. The Study Area is depicted in the map included on the following pages. The Study Area encompasses two (2)property tax parcels—both of which have been assigned the address of 2401 NW Platte Road—containing approximately 21.1 acres of fee simple property. Definitions Chapter 67 of the Missouri Revised Statutes, entitled "Political Subdivisions, Miscellaneous Powers", under Sections 67.1401 to 67.1571, entitled the Community Improvement District Act, allows for the establishment of a Community Improvement District("CID"). A CID is either a political subdivision or a nonprofit corporation, and is a separate legal entity distinct and apart from the municipality or county that creates the district. The CID consists of the area in which the improvements are to be constructed or services are to be provided and is created by petition circulated within the proposed district. CIDs are established for the purpose of financing a wide range of public-use facilities and establishing and managing policies and public services relative to the needs of the CID. CIDs can impose special assessments, real property taxes, sales taxes, and fees. CIDs can also be combined with other funding methods to pay for additional services and improvements. If a CID is located in a blighted area, it has additional powers and may expend its revenues or loan funds to correct blighted conditions on private property within the CID. The Act states the following with regard to the additional powers conferred upon a CID located in a blighted area: 2. Each district which is located in a blighted area or which includes a blighted area shall have the following additional powers: (1) Within its blighted area,to contract with any private property owner to demolish and remove, renovate, reconstruct, or rehabilitate any building or structure owned by such private property owner; and Sterrett Urban LLC 3 Riverside Red X Community Improvement District Blight Study (2) To expend its revenues or loan its revenues pursuant to a contract entered into pursuant to this subsection,provided that the governing body of the municipality has determined that the action to be taken pursuant to such contract is reasonably anticipated to remediate the blighting conditions and will serve a public purpose. (67.1461.2, RSMo.) The Act provides the following definition for a blighted area: "Blighted area", an area which: (a)By reason of the predominance of defective or inadequate street layout, insanitary or unsafe conditions, deterioration of site improvements, improper subdivision or obsolete platting, or the existence of conditions which endanger life or property by fire and other causes, or any combination of such factors, retards the provision of housing accommodations or constitutes an economic or social liability or a menace to the public health, safety, morals or welfare in its present condition and use; or (b)Has been declared blighted or found to be a blighted area pursuant to Missouri law including, but not limited to, chapter 353, sections 99.800 to 99.865, or sections 99.300 to 99.715. (67.1401, RSMo.) Methodology The purpose of this work was to analyze conditions located within the proposed Riverside Red X Community Improvement District so as to determine if the Study Area qualifies as a blighted area as defined within the Act. The Blight Study includes a detailed analysis of site,building, and public improvement deterioration. Qualifying blight conditions throughout the Study Area were identified and analyzed to produce a chart showing blight conditions present in the Study Area. Field investigations were conducted to document physical conditions within the categories of blight set out in the state statute. Pertinent Geographic Information Systems (GIS) data was obtained through Platte County and analyzed. Additional supplemental and updated information was obtained through discussions with representatives of the property owner, and various reports and studies prepared or commissioned by the City, property owners and other stakeholders. The consultant visited the Study Area on June 2,2020. The effective date of the study is June 2,2020,the date of inspection. Sterrett Urban LLC 4 Riverside Red X Community Improvement District Blight Study Previous Blight Determinations The proposed community improvement district does not encompass any existing redevelopment plans. A finding of blight by the City of Riverside has not previously been found for the Study Area. Legal Description The Study Area consists of two(2)property parcels. A specific legal description of the parcels included within the proposed community improvement district is included in Appendix A—Property Ownership& Legal Descriptions. Ownership The Study Area contains two (2)property parcels. The parcels are identified by the Platte County Assessor's office and a listing of the tax parcels and their respective ownership information identified by the Platte County Assessor is included in Appendix A. Bounda Ma • Riverside Red X ` Community Improvement District O t -t 1 Riverside Red X Community Improvement District-Boundary Map Sterrett Urban LLC 5 Riverside Red X Community Improvement District Blight Study - PROPERTY DATA Location &Access The Riverside Red X Street Study Area encompasses approximately 21.1 acres and consists of two (2)tax parcels in Riverside, Missouri. General regional access to the Study Area is excellent, as NW Platte Road, a minor arterial road that runs northwest/southeast and provides direct access to the Study Area on its north boundary,provides access to the regional network of highways to the west and east.Approximately 450 feet west of the Study Area NW Platte Road intersects with NW Riverway Boulevard (U.S. Highway 69),which provides access to north-and south- bound Interstate 635 via Missouri Highway 9. Approximately three-quarters of a mile to the east,NW Platte Road provides access to U.S. 169 via NW Briarcliff Parkway or Missouri Highway 9. The excellent regional access allows travelers to get to downtown Kansas City to the south in just five minutes, and to Kansas City International Airport to the north in eleven minutes. As noted above the Study Area is accessed only from NW Platte Road along the northern boundary. Five driveways provide ingress/egress between the western boundary of the western tax parcel and the center of the eastern tax parcel. The second and fourth driveways from the west are two lanes each and provide right-in, right-out access only. The first,third, and fifth driveways consist of three lanes—one lane for ingress and two for egress (one west-bound, one east-bound). None of the access points to the Study Area are signalized. Along the northern boundary of the Study Area NW Platte Road has four through lanes (two west-bound and two east-bound)and a median/center turn lane. Trails and bike routes do not exist within the Study Area and none are planned. The nearest trail to the Study Area is the Linear Trail which is a 1.3-mile trail that runs along NW Platte Road and connects Riverside,Missouri with the Briarcliff Neighborhood in Kansas City, Missouri to the east. Public transit does not directly serve the Study Area nor do any routes exist within one- quarter mile of the Study Area. The nearest bus route—Route 231, Riverside-Antioch—is accessible about 0.8 miles to the north and west at the Riverside Community Center. Route 231 goes as far west as The Village at Burlington Creek, located on NW 64'Street on the west side of Interstate 29. The route goes as far east as Antioch Crossing via Vivion Road,where there are six transfer options and a free park and ride. Land Area There is a total of two (2)property parcels within the Study Area. According to calculations from county GIS maps,the Study Area contains a total of approximately 21.1 acres of fee simple interest property. Sterrett Urban LLC 6 Riverside Red X Community Improvement District Blight Study Topography The Platte County GIS maps illustrate topography is generally flat in the north central and northwest portion of the Study Area at approximately elevation 750 feet, and slopes upward to the south and east to approximately elevation 760 feet. Part of the L-385 Levee,completed in 2005, is located just south of the Study Area and north of Missouri Highway 9, and as such has removed the Study Area from the 500-year flood plain. According to the county's geographic information system the highest point in the proposed Study Area is near the southeast corner where the elevation is approximately about 762 feet. On the northern edge of the Study Area the topography is relatively flat (elevation 750) and slopes upward along NW Platte Road commencing at the eastern- most entrance/exit to the Study Area located just east of the detention basin to approximately elevation 760 at the northeast corner of the Study Area. The detention basin adjacent to NW Platte Road in the northcentral portion of the Study Area is approximately four feet deep. Another detention basin located in the southwest portion of the Study Area is also approximately four feet deep. Both basins bottom at around elevation 746. The lowest elevation in the Study Area is at the bottom of either detention basin at approximately elevation 746. The Study Area is located within the Line Creek watershed. Easements Sterrett Urban was not provided with a title report that encompasses the Study Area. No overall evaluation can be developed regarding easements or other restrictions which may be in effect within the Study Area. Utilities All utilities are available to the subject properties within the Study Area including electricity,water, sewers and natural gas. Zoning The existing zoning in the Study Area is C-I (Commercial). A map illustrating the C-I zoning district within the Study Area is included in Appendix C. Supplemental Information. Below is a chart summarizing the purpose of the C-1 zoning classification: Sterrett Urban LLC 7 Riverside Red X Community Improvement District Blight Study Zoning ClassilicatioiPurpose _- C-1 Commercial C-1, Commercial The "C-1" Commercial District is intended to accommodate general office, service and commercial activities, along with limited residential uses, generally related to the core area of the City. Development in the "C-1" District should integrate a mix of uses and provide for a high degree of walkability,while still providing accommodations for the automobile. *City of Riverside,Missouri Unified Development Ordinance Environmental No separate environmental assessments were conducted as part of this Study and the Consultant was not provided any environmental assessments to review. Real Estate Taxes A six-year history of the assessed values within the Study Area is included in the appendix. The data in Appendix B is the Assessor's opinion of Market Value and the resulting assessed value for each of the properties within the proposed redevelopment area. All property is supposed to be re-assessed in odd-numbered years,except that new construction (including remodeling)can be assessed in any year. To determine assessed value,the assessment ratio for commercial properties is 32%. The real estate levy for 2019 in the Study Area was $6.6585 per$100 of assessed valuation. An additional $0. 36 per$100 is assessed on commercial/industrial property only(the Merchants and Manufacturers replacement tax). In 2019 (the most recent year in which real estate taxes have been collected)the redevelopment area generated$1,105,455 in taxable assessed value, generating a total of$77,586.38 in real estate taxes,net of the Riverside Quindaro Bend Levee and the Riverside Quindaro Bend Installment(when combined in 2019 the assessments for the Riverside Quindaro Bend total $22,153.75). Neither the 2019 taxes nor the levee assessments have been paid as of June 2,2020 due to the property owner appealing the valuation of that property within the Study Area. Existing Improvements The Study Area consists of the Red X, a one-story grocery store constructed of concrete masonry units that according to county records was built in 1965. The improvements consist of a 51,087 square foot grocery store and more than 40,000 square feet of warehouse space accessed by one small loading area in the northwest corner of the Study Area. A very small part of the warehouse space was added in 1995. At 55 years of age,a Sterrett Urban LLC 8 Riverside Red X Community Improvement District Blight Study majority of the improvements, including the building systems and coolers, are near or have surpassed their useful life. Primary ingress and egress is from NW Platte Road on the north side of the Study Area. Parking is located to the north and east of the grocery store and is in poor condition. In addition to the Red X and its parking, a large amount of open space exists in the eastern portion of the Study Area. Billboards There are no billboards located within the Study Area. Sterrett Urban LLC c� Riverside Red X Community Improvement District Blight Study Riverside, Missouri Location & Access The city of Riverside, Missouri is located on the north side of the Missouri River and enjoys excellent regional access due to its present highway infrastructure of Interstate 635, Missouri Highway 9,and U.S. Highway 69. Unfortunately,those same assets that provide excellent access also contribute to creating four distinct quadrants in the city that are not well connected. The main entryways into Riverside are primarily Interstate 635,NW Gateway Avenue and NW High Drive from the north; Vivion Road,NW Platte Road and Missouri Highway 9 from the east; U.S. Highway 169 and Interstate 635 from the south; and Missouri Highway 9 from the west. Riverside is bordered to the north by the communities of Kansas City, unincorporated Platte County,Parkville,and Northmoor, all in Missouri.Northmoor, Missouri and Kansas City,Missouri are located to the east, and the city is bounded on the south by the Missouri River. And located to the west is the Missouri River, Parkville, Kansas City, and unincorporated Platte County,all in Missouri. Access to and from these adjoining communities can be challenging due to elevated road infrastructure and topography. Neighborhood Demographics Population The following provides population and income trends within a one,three,and five-mile radius of the center of the Study Area at 2401 NW Platte Road. 2401 NW Platte Rd Historical Estimated Projected Population Population Population Radius 2000 2010 2019 2024 One Mile 2,748 2,953 4,420 4,950 chg.(1 mile) +7.5% +49.7% +12.0% chg.from '00(1 mile) +7.5% +60.8% +80.1% Three Mile 40,241 40,227 45,478 48,411 chg.(3 mile) -0.0% +13.1% +6.4% chg. from '00(3 mile) -0.0% +13.0% +20.3% Five Mile 150,140 150,847 167,287 176,243 chg.(5 mile) +0.5% +10.9% +5.4% chg.from'00(5 mile) +0.5% +11.4% +17.4% Source:ESRI,•Sterrett Urban,LLC Sterrett Urban LLC 10 Riverside Red X Community Improvement District Blight Study Estimated Projected 2401 NW Platte Rd Median Median HH HH Income Income Radius 2019 2024 One Mile 53,686 61,615 Three Mile 52,214 59,161 Five Mile 50,712 56,851 Source:ESR/ The population figures indicate tremendous population growth within one mile from the Study Area over the past nineteen years (60.8%). Population rose 13.0%over the same period within three miles of the Study Area and 11.4%within five miles. During the same period the population for Platte County increased at an estimated rate of 41.5°/x. The median household income for the one-mile radius around the subject Study Area is currently approximately one-third lower than the median household income for Platte County, Missouri, and approximately 1.5% lower than the median household income for the state of Missouri. The median household income for that area within three and five miles of the Study Area is slightly lower than that nearest the Study Area. Unemployment The most recent unemployment data for the Study Area is for the City of Riverside, Missouri as a whole. The following data was provided by the U.S. Census Bureau, 2014- 2018 American Community Survey 5 Year Estimates: Civilian Labor Force—Riverside, Missouri 2018__ Labor Force Labor Force Percentage Labor Force Employed Unemployed Unemployed 1,545 1,446 99 6.4% j Source: U.S. Census Bureau,2014-2018 American Community Survey 5 Year Estimates According to the Bureau of Labor Statistics,the preliminary unemployment rate for the Kansas City, KS/MO metropolitan area in March 2020 was 3.9%. According to the Mid-America Regional Council, an unemployment rate of 4.0%can generally be considered "full employment." Sterrett Urban LLC 11 Riverside Red X Community Improvement District Blight Study Section II Determination of Study Area Conditions Significant findings of the Riverside Red X Community Improvement District Blight Study are presented in the discussion which follows. These findings are based on a review of documents and reports, interviews, field surveys, and analyses conducted in May and June 2020. Properties and buildings, along with public improvements adjacent to the properties,were evaluated and deficiencies noted. As previously explained,the purpose of this study was to determine whether conditions as defined by RSMo. 67.1401.2(3)(a) of the Missouri State Statute, as amended, exist in the Study Area. The definition of"blighted area" in Chapter 67 of the Revised Statutes of Missouri, as amended, is discussed below. RSMo. 67.1401.2(3)(a) The principal blighting factors reported here and in line with the statutory definition include: defective or inadequate street layout, insanitary or unsafe conditions, deterioration of site improvements, improper subdivision or obsolete platting, and the existence of conditions which endanger life or property by fire and other causes. The Appendix section of this report includes a table exhibiting the blighting factors present at each property parcel. Blight Defined As presented in Section I,blight is defined as follows: "Blighted area", an area which: (a)By reason of the predominance of defective or inadequate street layout, insanitary or unsafe conditions, deterioration of site improvements, improper subdivision or obsolete platting, or the existence of conditions which endanger life or property by fire and other causes, or any combination of such factors, retards the provision of housing accommodations or constitutes an economic or social liability or a menace to the public health, safety, morals or welfare in its present condition and use;or (b) Has been declared blighted or found to be a blighted area pursuant to Missouri law including, but not limited to, chapter 353, sections 99.800 to 99.865, or sections 99.300 to 99.715. (67.1401, RSMo.) Several court cases provide additional direction in the consideration of blight: Sterrett Urban LLC 12 Riverside Red X Community Improvement District Blight Study ■ The courts have determined that it is not necessary for an area to be what commonly would be considered a"slum" in order to be blighted. Parking Systems, Inc. v. Kansas City Downtown Redevelopment Corporation, 518 S.W.2d 11, 15 (Mo. 1974) ■ An otherwise viable use of a property may be considered blighted if it is an economic underutilization of the property. Crestwood Commons Redevelopment Corporation v. 66 Drive-In, Inc., 812 S.W.2d 903, 910 (MO.App.E.D. 1991). ■ It is not necessary for every property within an area designated as blighted to conform to the blight definition. A preponderance of blight conditions is adequate to designate an area for redevelopment. Maryland Plaza Redevelopment Corporation v. Greenberg, 594 S.W.2d 284, 288 (MO.App.E.D. 1979). ■ The courts have determined that in order to make a finding of blight for a defined redevelopment area,the total square footage of the area is to be considered and not a preponderance of the individual parcels. Allright Properties, Inc. v. Tax Increment Financing Commission of Kansas City, 240 S.W.3d 777 (MO.App.W.D. 2007). Component 1: Defective or Inadequate Street Layout Conditions typically associated with defective or inadequate street layout include poor vehicular access and/or internal circulation; substandard driveway definition and parking layout(e.g. lack of curb cuts, awkward entrance and exit points); offset or irregular intersections; and substandard or nonexistent pedestrian circulation. During the on-site investigations and field surveys this condition was found throughout much of the Study Area. Vehicular access is provided to the rear of the building for service and the storage of truck trailers, but the driveways and parking are a mix of gravel and vegetation and not asphalt or concrete as required by city code. A few drive aisles are not of sufficient width to allow for two-way traffic, and angled drive aisles create a few places where the chances for vehicle/vehicle conflict increase. Curbing does not exist along much of the perimeter of the parking lot as required by city code. Per the county's GIS mapping system, parking spaces located at the northwest corner of the Study Area are less than the required fifteen feet from the public right-of- way. In a few locations,particularly along NW Platte Road,pavement markings have faded and are no longer legible. No signage or pavement markings exist to indicate ingress or the two lanes for egress at the fifth driveway from the west,creating the potential for vehicle/vehicle conflicts. Examples of this condition are shown below: Sterrett Urban LLC 13 Riverside Red X Community Improvement District Blight Study 4.. W . ..:... —— 49 op- ;i w� y 1401 N11 Platin Rd loohitt;; txtrtlnrest improper tlrivcwar(mast be asphalt or concrete) _ I 2401 NW Platte Rd—looking north—improper parking nJ trailers (city cork requires asphalt or concrete) Sterrett Urban LLC I �. Riverside Red X Community Improvement District Blight Study 2401 NW Platte Rd—looking west—lack of curb around perimeter of parking,islands,signage Component 2: Improper Subdivision or Obsolete Platting There are specific conditions that can be used to determine whether a Study Area is blighted based on improper subdivision or obsolete platting. Among these conditions are faulty lot shape and/or layout, inadequate lot size, poor access, as well as conformity of use. On-site investigations and field surveys, and review of public records suggest these conditions do not exist in the Study Area. Lot layout is deemed to be faulty if the configuration relative to the street is contrary to what is desired for development. Lot shape is considered faulty if the shape is unusual to an extent that it deters or constrains development options. Although the western parcel is of a shape that constrains or even prohibits development, if joined with the eastern parcel that is under the same ownership the shape of the lot can no longer be considered faulty. The Study Area did not exhibit evidence of improper subdivision or obsolete platting. Component 3: Insanitary or Unsafe Conditions There are several locations within the Study Area exhibiting unsafe or insanitary conditions. Conditions considered unsafe or insanitary in the Study Area include obsolete mechanical equipment, security system, lighting, and refrigeration, sloping Sterrett Urban LLC 15 Riverside Red X Community Improvement District Blight Study floors,and noncompliance with the Americans with Disabilities Act(ramps and landings not to code). In addition to these conditions,the poor condition of the surface parking lots in the western portion of the Study Area(documented under"Component 4: Deterioration of Site Improvements")also presents tripping hazards. No separate environmental assessments were done for this Blight Study. Examples of this condition are shown below. The entirety of the Study Area exhibited insanitary or unsafe conditions. The most prevalent condition was the presence of obsolete building systems (HVAC, refrigeration, lighting, and security), sloped floors, mold,noncompliance with the ADA code,and deteriorated walking surfaces, including cracked/uneven sidewalks and deteriorated parking surfaces and driveways. 2401 A{ti'Platte Rd—interior—sloping floor adjacent to front entrance Sterrett Urban LLC 16 Riverside Red X Community Improvement District Blight Study I 2401 NW Platte Rd- interior—ohsolete lighting and HIAC aC 2401 NW Platte Rd—interior—sloping floor: ohsolete coolers Sterrett Urban LLC 17 Riverside Red X Community Improvement District Blight Study 3 rr ' rT7 ut till r * •SST. Ju=' '�•_ 2401 NW Platte Rd—interior—sloping floor:ohsolete coolers t � _ �. V✓✓3ii 'r lid. .T. 1' 2401 N11'Platte Rd—interior—ohsolete coolers Sterrett Urban LLC g Riverside Red X Community Improvement District Blight Study ff� j f 1 Y 2401 NW Platte Rd-interior-ohsolete sec•uritl'system r Lot a� ec�: y 1 1p« 2401 NW Platte Rd-interior-unusable cooler due to presence of mold Sterrett Urban LLC 19 Riverside Red X Community Improvement District Blight Study i i r 2401 NW Platte Rd—interior—obsolete loading area and storage ,h 4�. r�eArtIsm 2401 NW Platte Rd—interior—inefficient storage Sterrett Urban LLC 20 Riverside Red X Community Improvement District Blight Study .T 2401 NW Platte Rd—looking north—obsolete,inefficient HVAC;water ponding �i r �'�1ya�-- ;c# . •.p„ v"4�� IV- ' u r - 2401 NIV Platte Rd—looking northwest—trash/dehris; tr'uiler.s not parked on u.sphalt or concrete Sterrett Urban LLC 21 Riverside Red X Community Improvement District Blight Study i ��is' u:o , '� r i'"` f•� ,.� '_ — � '.w_ .••.� 2401 NW Platte Rd—looking south—trash/debris ti.. all 2401 NW Platte Rd—looking north—trash/debris;outdoor storage of applianc e.s, e quihnrrnt. nxucrial Sterrett Urban LLC 22 Riverside Red X Community Improvement District Blight Study f t all ILLf h. 2401 NW Platte Rd—looking north improper storage of materials,appliances;deterioration of sidewalk n. i ry 2401 NW Platte Rd—looking south—noncompliant ADA ramps and landings Sterrett Urban LLC 23 Riverside Red X Community Improvement District Blight Study r i? 2401 NW Platte Rd-looking north-ramp noncompliant with ADA;deteriorated curb Component 4: Deterioration of Site Improvements The condition of deterioration of site improvements was primarily established through field survey work and observation of exterior and interior physical conditions within the Study Area. Building deterioration rating criteria considered included the following: primary structure (roof,walls, foundation); secondary structure (fascia/soffits, gutters/downspouts, exterior finishes,windows and doors, stairways/fire escapes); and exterior structure (mechanical equipment, loading areas, fences/walls/gates, other structures). The most common examples of structural deterioration found in the Study Area included the deterioration of the roof and the failure of exterior finishes. The following photos are examples of structural deterioration in the Study Area. Sterrett Urban LLC 24 Riverside Red X Community Improvement District Blight Study • yr 2401 NW Platte Rd—looking north—deterioration o f roof .,a 2401 Mi'Platte Rd—interior—evidence of water intrusion through roof Sterrett Urban LLC 25 Riverside Red X Community Improvement District Blight Study JV-, r 4 a4 _ i' -4% ♦ ' #-g 2401 NW Platte Rd—aerial—deterioration of roof(requires replacement) Sterrett Urban LLC 26 Riverside Red X Community Improvement District Blight Study Ak 2401 NW Platte Rd—looking north—failure of finishes ,z- i rI 2401 A Jf Platic Rrl—Inuking nurllr—failure n//ini.�hc� Sterrett Urban LLC 27 Riverside Red X Community Improvement District Blight Study y� 2401 NW Platte Rd—looking northeast—failure of finishes;cracking of wall Sterrett Urban LLC 28 Riverside Red X Community Improvement District Blight Study j . 2401 NW Platte Rd-looking north-failure of finishes;overgrown vegetation l _ t 2401 'Platte Rd-looking north-failure of finishes;overgrown vegetation Sterrett Urban LLC 29 Riverside Red X Community Improvement District Blight Study ` X ... .),40.E✓y�•y_ -.. ..� -.ar i 2401 NW Platte Rd—looking north—deterioration of wall;failure offinishes;mold 2401 NW Platte Rd—looking south—failure of:finishes Sterrett Urban LLC 30 Riverside Red X Community Improvement District Blight Study In addition to structural deterioration, a variety of blight conditions were observed within the Study Area related to the deterioration of the site and non-primary improvements. These conditions which negatively affect the appearance and utilization of the area, most commonly include deterioration of parking surfaces, drive aisles, and fences, and the lack of trash and storage enclosures. Examples of site deterioration problems are found throughout the Study Area, as shown in the photographs below. 1 2401 NW Platte Rd—looking east—deterioration of parking surface Sterrett Urban LLC 31 Riverside Red X Community Improvement District Blight Study 1 45" 1 2401 NW'Platte Rd-looking south-deterioration of parking surface { r dW �. .rr. 2401 NW Platte Rd—looking west—deterioration of parking surface;lack of curb Sterrett Urban LLC 32 Riverside Red X Community Improvement District Blight Study r, y NOW 44 e ..+ r.� •rax Y� —s '����, dr,•� ^�YYY f ,�-�':, :�.-� e k ,ick'•. 2401 NW Platte Rd—looking north—deterioration of parking�surface;unprotected drain _ s3 .J• 2401 NW Platte Rd—looking southeast—deterioration of parking surface Sterrett Urban LLC 33 Riverside Red X Community Improvement District Blight Study +— n i 2401 NW Platte Rd—looking north—deterioration of parking surface,shopping cart corral,bollards AAANWW 2401 NW Platte Rd—looking north—deterioration of parking surface Sterrett Urban LLC 34 Riverside Red X Community Improvement District Blight Study A' .Z p - 1. 4 2401 NW Platte Rd—looking east—deterioration of parking surface Sterrett Urban LLC 35 Riverside Red X Community Improvement District Blight Study .r 2401 NW Platte Rd—looking north—deterioration of parking surface t 17 �u,_7♦ yr. N�,�. • `.t t• - 2401 NW Platte Rd—looking west—deterioration offence,parking surface;luck of c•urh;misaligned wheel stops Sterrett Urban LLC 36 Riverside Red X Community Improvement District Blight Study I qq�y f1j. .�. � �~ •} ,OM1 �` 2401 NW Platte Rd—looking north—deterioration offence,drive;improper parking surface i� � I I I � 2401 NW Platte Rd—looking northwest—deterioration offence,drive;improper driving surface Sterrett Urban LLC 37 Riverside Red X Community Improvement District Blight Study ri I I r ;- -Ahs 44 s. 2401 NW Platte Rd—looking southeast—deterioration offence,detention basin 411 *. (�J 2401 NW Platte Rd—looking north—unscreened trash and storage areas;trash/debris Sterrett Urban LLC 38 Riverside Red X Community Improvement District Blight Study e. 2401 A41'Platte Rd—looking south—unscreened trash and storage areas Each of the two parcels surveyed in the Study Area exhibited deterioration of site improvements. The most prevalent conditions included deterioration of roof and failure of finishes, and the deterioration of parking surfaces, driveways and drive aisles, and fences, and unscreened trash and outdoor storage areas. Component 5: Existence of Conditions which Endanger Life or Property by Fire and Other Causes Fire safety information pertaining to the property in the Study Area was not gathered for this Blight Study as the data was not available. An examination of crime data for the past six months,provided by Trulia.com (a combination of data from SpotCrime.com and CrimeReports.com), indicates the Study Area has crime rates equal to or lower than many of the neighborhoods in the Kansas City metropolitan area, and lower than the majority of commercial properties. The Study Area does not exhibit conditions that endanger life or property by fire and other causes. Sterrett Urban LLC 39 Riverside Red X Community Improvement District Blight Study Summary of Blighting Factors The following table summarizes the five blighting factors analyzed during inspections of property within the Study Area. Riverside Red X CID Summary of Blighting Factors Area Study Area Parcels Pct. (acres) Pct. Total 2 100% 21.1 100% Blighting Factors Defective or inadequate street layout 2 100.0% 21.1 100.0% Improper subdivision or obsolete platting 0 0.0% 0.0 0.0% Insanitary or unsafe conditions 2 100.0% 21.1 100.0% Deterioration of site improvements 2 100.0% 21.1 100.0% Existence of conditions which endanger life or property by fire and other causes 0 0.0% 0.0 0.0% Parcels with at least one blighting factor 2 100.0% 21.1 100.0% Parcels with no blighting factors 0 0.0% 0.0 0.0% As evidenced from the table above,more than 50%of the redevelopment area satisfies the blighting factors of"Defective or inadequate street layout", "Insanitary or unsafe conditions" and "Deterioration of site improvements."In addition,the percentage of the Study Area that has at least one blighting factor is 100.0%. The Study Area is deemed to have a predominance of blighting factors present, due to the presence of a combination of three of the statutory blighting factors throughout the Study Area. Economic Liability The following economic characteristics of blighted areas are generally agreed upon as: • Reduced or negligible income; • Impaired economic value; • Depreciated values; • Impaired investments; and • Negligible income. These economic characteristics are typically substantiated with certain conditions, which may include but are not limited to one or more of the following: • Depreciated or stagnant property values or impaired investments. Sterrett Urban LLC 40 Riverside Red X Community Improvement District Blight Study • High business vacancies, low lease rates, high turnover rates, or excessive vacant lots. • Lack of neighborhood commercial facilities. • Residential overcrowding or an excess of adult businesses. • High crime rate. The Missouri Supreme Court has determined that "the concept of urban redevelopment has gone far beyond `slum clearance' and the concept of economic underutilization is a valid one." As indicated in Appendix B: Property Valuation and Taxes, the assessed value of the Study Area has increased by approximately 136.94% in the last six years, all a result of changes in the market rather than any changes to the property. Despite the increased valuation by the county, however,the Red X continues to have the lowest valuation compared to its competitors in Platte County. The best comparable for the Red X include other grocery stores of similar size— primarily Price Chopper and Hy-Vee. Of these two brands, four stores exist among them in Platte County within a reasonable distance of the Red X and average just more than 73,000 square feet per store, compared to 90,235 square feet for the Red X. Using the county's market assessments of each of the stores,the valuation for Red X amounts to $38.28 per square foot of building. The other four grocery stores are valued between $112.20 and $137.53 per square foot. The four comparable stores are newer and according to county records have far less warehouse storage and more refrigerated storage than the Red X. Even if the Red X warehouse space was eliminated the value per building square foot still would not approach that of the other four grocery stores. The level of tax revenue generated by the Red X is far less than what it could and should be due to its age and condition, and the amount of obsolescence related to its building systems and layout. The redevelopment of the area has been hindered primarily by unsafe and insanitary conditions brought about by obsolete building systems, defective or inadequate street layout and the deterioration of site improvements. These are costs that are prohibitive for a private sector developer(or property owner)to take on independently and remain competitive in the market. Doing nothing will only result in further deterioration of building and site improvements, resulting in the potential for continued stagnation of income and property values. In order for the Red X to provide a safe environment for customers and employees, and to continue to grow and attract new economic activity to the Study Area and surrounding areas, some form of external financial assistance that is not currently being utilized will be required in order to make improvement of the Study Area economically feasible. Economic underutilization—obsolete building systems and layout, deteriorating site improvements, and low assessed values and tax revenues—indicates the Study Area is blighted. Sterrett Urban LLC 41 Riverside Red X Community Improvement District Blight Study Conclusion Several components of the Chapter 67 definition of blight were present in the proposed Riverside Red X Community Improvement District. The dominant blighting factors are the unsafe and insanitary conditions that exist as a result of obsolete building systems and refrigeration, mold, defective and inadequate street layout and the deterioration of site improvements throughout the Study Area. The roof, building systems and refrigeration, and a majority of the surface parking area and other secondary site improvements are in poor condition and require replacement or substantial repair. This results in an inability to ensure safe, clean space for customers and employees. The depressed assessed values, and consequently tax revenue, indicates blight is present within the Riverside Red X CID. All of the above combine to create economic underutilization and an inability to pay reasonable taxes. Therefore,the consultant has determined that the Riverside Red X Study Area of Riverside, Missouri, as of June 2, 2020, in its present condition and use, is a"blighted area"according to the definition provided in Missouri's Community Improvement District Act statutes (RSMo Ch. 67) and constitutes an economic liability in its present condition and use. Sterrett Urban LLC 42 Riverside Red X Community Improvement District—Blight Study Appendix A Property Ownership & Legal Descriptions Sterrett Urban, LLC Riverside Red X CID Appendix A Blight Study Property Ownership and Legal Descriptions No. Parcel ID No. Site Address Legal Description Owner RIVERSIDE MISC TRACT IN THE SE 1/4 OF SE 1/4 OF SEC 4 T50 1 23-2.0-04-400-008-001.000 2401 NW PLATTE RD R33 LYING S OF N W PLATTE RD ROW EXCEPT S 30' GUY ZEKE YOUNG TRUST 2 23-2.0-04-400-008-003.00012401 NW PLATTE RD RENNER PLAZA 2ND LOTS 32 THRU 36 GUY ZEKE YOUNG TRUST Sterrett Urban,LLC 1 Riverside Red X Community Improvement District-Blight Study Appendix B Property Valuation & Taxes Sterrett Urban, LLC Riverside Red X CID Appendix B Blight Study Property Valuation and Taxes Assessed Values Taxes No. Parcel ID Number 2014 2015 2016 2017 2018 2019 2019 Delinquent 1 23-2.0-04-400-008-001.000 370,560 370,560 370,560 620,332 620,332 905,642 83,459.47 83,459.47 2 23-2.0-04400-008-003.000 96000 96,000 96,000 206,814 206,814 199,813 16,280.66 16,280.66 Total 466,560 466,560 466.560 827,146 827,146 1,105,45511 99,740.13 99,740.13 Annual Change% 0.00% 0.00% 77.29% 0.00% 33.65% Cumulative Change% 0.00% 0.00% 77.29% 77.29% 136.94% NOTES 2019 taxes are under protest and consequently have not been paid.All other taxes dating back to at least 2014 have been paid. Sterrett Urban,LLC 1 Riverside Red X Community Improvement District—Blight Study Appendix C Supplemental Information Zoning Map Sterrett Urban, LLC '��_ al�lswtla•11I/�►111111ffir' ������ __ 1', r . r �r IN a..m.~����1 a!~ J• 1+ �.� 9 .�. rl. �r. I�f1�1 M City Limits Riverside Parcels in IN Zoning .: ■ •� I� ■.11{11■�■L11■ R-1 Single-Famity Residential .► � �. �+�■_ ,.... � roto form- �` i � .i� a �. - ♦ ♦ �,.: �� A■n. -m■e non •� /�0���,OOi w t•► s m— t I ♦� �1 A��1� ■I �Lltt...�t• •0`.ri inti.: , _..= _ ���ti� `. 50th'st- _ t�in� .■ua�■��.. R-2 Two-Family Residential RA Mufti-Family Residential �.I��r ,''6 �ii ��+\fllll�l. � �.,�■i=1111 ■III..{ ���� "• i==�Cl == -•Civic&Professional OfficSIN\r��gip j H♦i�iu. f/llll►�' , z +�11/If���r 7 `■■r�■■■ _ ��r; c-1 Commercial ANNE I Industrial am -■Planned . '♦♦., gl 11 e� `' ■. . �r,�,. �11a,� ,� ar.:��A��Gw� ��►mss: m� N 41st St � �� �� �� �••�;�� 1' y 1 Riverside Red X Community Improvement District-Blight Study Appendix D Summary of Properties & Blighting Factors Present Sterrett Urban, LLC N � I 7 O O -ye ro ro _ r r as lTl h7 v N N W W _ N N _ C O A O 'TTi O O 0 08 00 O o O o 8 �e L N ■ ■ Defective or inadequate street layout C o 0 o Improper subdivision or obsolete platting f° P a � X t.. A n � O N o � N ■ ■ Insanitary or unsafe conditions c _ „ ■ ■ Deterioration of cite improvements y C O o c o Endangerment of life or property by fire,other causes 0 �-n 0 es w w R)UAI rv' a to � acreage 11=1r O R. 0 O `rl N cy N ■ ■ Predominance of Blighting Factors Present c U a yv ro O io o. �p X F ' 0 Riverside Red X Community Improvement District-Blight Study Appendix E Certification /Assumptions & Limiting Conditions / Qualifications Sterrett Urban, LLC Riverside Red X CID Appendix E Blight Study Certification Certification I certify that, to the best of my knowledge and belief... 1. The statements of fact contained in this report are true and correct. 2. The reported analyses, opinions, and conclusions are limited only by the reported assumptions and limiting conditions, and are our personal, unbiased professional analyses, opinions, and conclusions. 3. We have no present or prospective interest in the property that is the subject of this report, and we have no personal interest with respect to the parties involved. 4. We have no bias with respect to the property that is the subject of this report or to the parties involved with this assignment. 5. Our compensation is not contingent on an action or event resulting from the analyses, opinions, or conclusions in, or the use of,this report. 6. Patrick Sterrett has made a personal inspection of the property that is the subject of this report on June 2, 2020. 7. This study is not based on a requested result or a specific conclusion. 8. We have not relied on unsupported conclusions relating to characteristics such as race, color, religion, national origin, gender, marital status, familial status, age, receipt of public assistance income, handicap, or an unsupported conclusion that homogeneity of such characteristics is necessary to maximize value. Patrick Sterrett Sterrett Urban, LLC • Riverside Red X CID Appendix E Blight Study Assumptions&Limiting Conditions Assumptions & Limiting Conditions This Blight Study is subject to the following limiting conditions and assumptions: 1. The reported analyses, opinions, and conclusions are limited only by the reported assumptions and limiting conditions, and are Sterrett Urban's unbiased professional analyses,opinions,and conclusions. 2. Information provided and utilized by various secondary sources is assumed to be accurate. Sterrett Urban cannot guarantee information obtained from secondary sources. 3. The nature of real estate development is unpredictable and often tumultuous. In particular,the natural course of development is difficult to predict and forecast. Sterrett Urban deems our projections as reasonable considering the current and obtained information. 4. Sterrett Urban has considered and analyzed the existing conditions concerning the subject property within the redevelopment area. We have considered these existing conditions when forming our analysis and conclusions. However, it should be understood that conditions are subject to change without warning, and potential changes could substantially affect our recommendations. 5. Our analyses,opinions and conclusions were prepared in conformance with the Code of Professional Ethics and Standards of the American Institute of Certified Planners. Sterrett Urban, LLC Patrick Sterrett, AICP S T E R R E T T U R B ALLC N Principal Urban Planning&Development Services Patrick Sterrett is a certified urban planner and has more than twenty years of experience forging partnerships, managing complex real estate development projects, and creating exciting, sustainable urban plans and designs. Prior to forming Sterrett Urban LLC in 2006, Mr. Sterrett spent eleven years at the Economic Development Corporation of Kansas City, Missouri (EDC) and initiated and/or managed for the public sector some of the largest pioneering redevelopment projects in recent memory in Kansas City and in the country, including the Crossroads Arts District, the Midtown Marketplace (Linwood & Main - Costco and Home Depot), the Power& Light District (Centertainment), the Kansas City Riverfront, the Columbus Park Neighborhood Mixed- Use Village, and the Centerpoint Intermodal Center - KC (former Richards-Gebaur Airport). During his tenure at the EDC, Mr. Sterrett provided staffing to each of the redevelopment agencies (all political subdivisions of Missouri) including the Land Clearance for Redevelopment Authority, the Tax Increment Financing Commission, and the Port Authority, and also served as Executive Director of the Port Authority of Kansas City. Mr. Sterrett's work has been featured in local and national publications, and his work in the Crossroads Arts District and the Power & Light District has been recognized by the International Economic Development Council as exemplary of the most advanced redevelopment methods to revitalize distressed areas. As Principal of Sterrett Urban LLC, Mr. Sterrett recently developed a financing plan utilizing New Markets Tax Credits, Historic Preservation Tax Credits, tax abatement, City and philanthropic grants to restore the former Linwood Presbytery Church as an $11 million, 40,000 square foot non-profit healthcare and office campus. Mr. Sterrett also served as financial administrator during construction and managed the satisfaction of all compliance requirements of the government, lenders and investors. Mr. Sterrett's professional experience includes the development of dozens of feasibility plans, blight studies, and redevelopment plans, and securing more than $30 million in federal, state, local, and philanthropic funds for public improvements in distressed areas. Most recently Mr. Sterrett has been preparing a redevelopment plan, blight study, and rezoning for the former Bannister Federal Complex in south Kansas City, and a redevelopment plan and development prospectus for the Truman Road Corridor, an inner-city industrial district. In addition, Mr. Sterrett is currently in the process of continuing his long relationship with the Plaza East Community Improvement District. Mr. Sterrett handled the creation of the district and has provided administrative and management services to the District since 2012. l Patrick Sterrett, AICP S T E R R E T T U R B ALLC N I'rincipal Urban Planning& Development Services Professional Experience Sterrett Urban LLC 2006- SELECT 006-SELECT EXPERIENCE REDEVELOPMENT PLANNING/BUILDING CONDITION STUDIES Blight Study Tiffany Landing Community Improvement District; Tiffany Landing, LLC; Kansas City, MO General Development Plan and Qualifications Analysis (Undeveloped Industrial Area) Frontage at Executive Park(PTEA), Kansas City, MO General Development Plan and Qualifications Analysis (Blight) 22nd/23rd Street Connector(PTEA), Kansas City, MO General Development Plan and Qualifications Analysis (Blight) 2nd Amended Ellison/Knickerbocker(PTEA), Kansas City, MO *Blight Study Second & Delaware Development Plan (Chapter 353), Kansas City, MO *Blight Study Commerce Tower Redevelopment Area(LCRA), Kansas City, MO *Blight Study Key Coalition Neighborhood Urban Renewal Area(LCRA), Kansas City, MO General Development Plan and Qualifications Analysis (Insanitary Area) Victory Court (PTEA), Kansas City, MO General Development Plan and Qualifications Analysis (Blight) 1-35 &W. 13th Street (PTEA), Kansas City, MO *In conjunction with APD Urban Planning & Management, LLC 2 Patrick Sterrett, AICP S T E R R E T T U R B A LLC N I'rincilr{i Vrban Planning& Do elopment Ser%ices REDEVELOPMENT PLANNING/BUILDING CONDITION STUDIES(CONTINUED) General Development Plan and Qualifications Analysis (Blight) Troost Bannister(PTEA), Kansas City, MO General Development Plan and Qualifications Analysis (Insanitary Area) Seven301 (PTEA), Kansas City, MO General Development Plan and Qualifications Analysis (Blight) Oxford on the Blue (PTEA), Kansas City, MO General Development Plan and Qualifications Analysis (Blight) 1 st Amended Ellison/Knickerbocker(PTEA), Kansas City, MO '`Blight Study Bannister& 1-435 (TIF), Kansas City, MO General Development Plan and Qualifications Analysis (Blight) 1 st Amended Armour/Gillham Corridor(PTEA), Kansas City, MO Blight Study Addendum (Social Liabilities) Armour/Gillham Corridor(PTEA), Kansas City, MO Blight Study Liberty Commons (TIF), Liberty, MO Blight Study Hospital Hill III Urban Renewal Area (LCRA), Kansas City, MO General Development Plan and Qualifications Analysis (Insanitary Area) Hawthorne Road (PTEA), Kansas City, MO General Development Plan Amended/Restated Folgers Coffee Company(PTEA), Kansas City, MO Blight Study Inter-State Building Development Plan (Chapter 353), Abbot Properties, Kansas City, MO General Development Plan & Blight Study 39th Terrace (PTEA), Kansas City, MO "In conjunction with APD Urban Planning & Management, LLC 3 Patrick Sterrett, AICP S T E R R E T T U R B A LLC N Principal Urban Planning& Development Services REDEVELOPMENT PLANNING/BUILDING CONDITION STUDIES(CONTINUED) Blight Study Truman-Hardesty(TIF), Kansas City, MO Blight Study Oak Barry Community Improvement District, MD Management, Kansas City, MO General Development Plan & Blight Study Metro North Mall (PTEA), Kansas City, MO Blight Study Metro North Square Community Improvement District, MD Management, Kansas City, MO General Development Plan & Blight Study 155th& Kensington (PTEA), Kansas City, MO Blight Study Hospital Hill III Urban Renewal Area, Kansas City, MO Blight Study Update Columbus Park Urban Renewal Area (LCRA), Kansas City, MO General Development Plan & Blight Study Troost-Rockhill (PTEA), Kansas City, MO Blight Feasibility& Redevelopment Boundary Analysis Northwest Briarcliff Road Corridor, Kansas City, MO General Development Plan & Blight Study Valentine-Broadway(PTEA), Kansas City, MO General Development Plan & Blight Study Westport-Main (PTEA), Kansas City, MO Blight Study Indiana Corridor Urban Renewal Area(LCRA), Kansas City, MO Blight Study Troost/Paseo Urban Renewal Area (LCRA), Kansas City, MO General Development Plan & Blight Study Blue Valley(PTEA), Kansas City, MO 4 Patrick Sterrett, AICP S T E R R E T T U R B A LLC N Principal Urban Planning& Development SerN ices REDEVELOPMENT PLANNING/BUILDING CONDITION STUDIES(CONTINUED) Blight Study Martin City Corridor Urban Renewal Area (LCRA), Kansas City, MO Blight Study Longfellow-Dutch Hill Urban Renewal Area(LCRA), Kansas City, MO General Development Plan & Blight Study Stuart Hall/HD Lee (PTEA), Kansas City, MO Blight Study& Urban Renewal Plan Columbus Park Urban Renewal Area (LCRA), Kansas City, MO Economic Development Corporation of Kansas City, Missouri 1995 - 2006 Executive Director, Port Authority of Kansas City, Missouri Planner / Senior Planner Author of the following plans and studies: Tax Increment Financing Plans / Blight or Conservation Study Riverfront TIF Plan / Blight Study 74th &Wornall TIF Plan / Blight Study(plan not approved) 19th Terrace TIF Plan / Conservation Study 22nd & Main St. TIF Plan / Conservation Study 47th & Roanoke TIF Plan Prospect North TIF Plan Jazz District TIF Plan Pershing Road TIF Plan Urban Renewal Plans / Blight Eastwood Trafficway / Blight Study South 315t Street / Blight Study Longfellow-Dutch Hill Education Master of Urban Planning, University of Kansas Concentration: Housing & Community Development Bachelor of Architecture, University of Kansas 5