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HomeMy WebLinkAbout1769 Final Payment Horizons VI Infrastructure Reimbursement and 2021 MDA Payment BILL NO. 2021-012 ORDINANCE NO. 17& 7 AN ORDINANCE APPROVING FINAL PAYMENT FOR HORIZONS VI INFRASTRUCTURE REIMBURSEMENT AND 2021 MDA PAYMENT IN ACCORDANCE WITH THE TERMS OF THE SIXTH AMENDMENT TO THE MDA BETWEEN THE CITY, RIVERSIDE HORIZONS, LLC, NORTHPOINT DEVELOPMENT, LLC AND HORIZONS INDUSTRIAL VI, LLC AND THE TERMS OF THE AMENDED AND RESTATED MDA BETWEEN THE CITY, RIVERSIDE HORIZONS, LLC AND NORTHPOINT DEVELOPMENT, LLC WHEREAS, Briarcliff Realty, LLC, a Missouri limited liability company, and the City of Riverside, Missouri (the "City") entered into that certain Master Development Agreement dated as of May 10, 2011 (the "MDA"), and WHEREAS.. Briarcliff Realty, LLC assigned its rights and obligations under the MDA, but not its rights and obligations under the MDA First Amendment, to Briarcliff Horizons, LLC, an affiliated entity of Briarcliff Realty, LLC, pursuant to Section 12.5(b) of the MDA; and WHEREAS, on or about February 13, 2012, Briarcliff Horizons, LLC filed articles of amendment with the Missouri Secretary of State changing its name to Riverside Horizons. LLC ("Riverside Horizons"); and WHEREAS, on or about February 2, 2017, the City, Riverside Horizons, Northpoint Development, LLC. a Missouri limited liability company ("North Point"), and Horizons Industrial VI, LLC, a Delaware limited liability company ("Horizons VI"), entered into that certain Sixth Amendment to the MDA, which was approved by Ordinance No. 1510 on January 31, 2017 ("Sixth Amendment"); and WHEREAS, the Sixth Amendment provides for the City to reimburse Horizons VI for 49% of the costs of certain public infrastructure, not to exceed Five Hundred Seventy Seven Thousand Six Hundred Thirty-Eight and 46/1000 Dollars ($577,638.46) in total reimbursement ("Maximum Amount"), only after the City has received PILOT payments attributable to Horizons VI; and WHEREAS, the City is to annually pay Horizons VI the equivalent of 90% of the annual PILOT revenues the City receives attributable to Horizons VI, or the amount necessary to meet its obligations pursuant to the Sixth Amendment, whichever is less, ("Horizons VI Reimbursement Payment"); and WHEREAS, the City, Riverside Horizons and NorthPoint entered into that certain Amended and Restated Master Development Agreement effective December 17, 2019, ("Amended MDA"), and which was approved by Ordinance No. 1702 on December 17, 2019, and WHEREAS, the City has received PILOT revenues for 2020 attributable to Horizons VI in the amount of Four Hundred Twenty-Five Thousand Seven Hundred Seventy-One and 18/100 Dollars ($425,771.18), from which the City is to pay One Hundred Five Thousand Nine Hundred Eleven and 82/100 Dollars ($105,911.82) as Final Horizons VI Reimbursement Payment pursuant to the terms of the Sixth Amendment ("Final Payment"); and WHEREAS the total amount due to Riverside Horizons' and NorthPoint pursuant to the terms of the Amended MDA (the "MDA Payment") is Four Hundred Thirteen Thousand Seven Hundred Thirty-Three and 79/100 Dollars ($413,733.79); and WA 16462870.1 WHEREAS, the City has received Invoice No. 81283, attached here to as Exhibit A and incorporated herein. for 2021 Horizons VI pad reimbursement, otherwise referred to in this Ordinance as the Final Payment, in the amount of One Hundred Five Thousand Nine Hundred Eleven and 82/100 Dollars ($105,911.82); and WHEREAS. the City has received Invoice No. 84014, attached here to as Exhibit B and incorporated herein. for 2021 PILOT payment reimbursement, otherwise referred to in this Ordinance as the MDA Payment, in the amount of Four Hundred Thirteen Thousand Seven Hundred Thirty-Three and 79/100 Dollars ($413,733.79); and WHEREAS. the Board of Aldermen find it to be in the best interests of the City in order to further the objectives of industrial and economic development of the City, and the terms and conditions of the MDA, the Sixth Amendment to the MDA and the Amended MDA, as well as in furtherance of the objective to protect the health, safety, and welfare of the businesses and citizens of the City. to approve the reimbursement payments to Horizons VI, or its designee, pursuant to the terms of the Sixth Amendment to the MDA and the Amended MDA and the MDA Payment to Riverside Horizons and NorthPoint. NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF ALDERMEN OF THE CITY OF RIVERSIDE, MISSOURI, AS FOLLOWS: The Recitals set forth above in this ORDINANCE are hereby incorporated into and made a part of this ORDINANCE as if fully set forth in this ORDINANCE. SECTION 1. BEST INTEREST OF THE CITY TO APPROVE AND PAY THE PUBLIC INFRASTRUCTURE PAYMENT AND THE MDA PAYMENT. It is in the best interests of the City in order to further the objectives of industrial and economic development of the City, as well as in furtherance of the objective to protect the health, safety, and welfare of the businesses and citizens of the City, to approve the Final Payment pursuant to the Sixth Amendment to the MDA in the amount of One Hundred Five Thousand Nine Hundred Eleven and 82/100 Dollars ($105,911.82), and to further approve payment of the MDA Payment in the amount of Four Hundred Thirteen Thousand Seven Hundred Thirty-Three and 79/100 Dollars ($413,733.79) pursuant to the terms of the Amended MDA, and such payments are hereby approved. SECTION 2. AUTHORITY GRANTED. The City hereby authorizes the Mayor, the City Administrator, the Director of Finance. Special Counsel to the City and other appropriate City officials to take any and all actions as may be deemed necessary or convenient to carry out and comply with the intent of this Ordinance, to pay Horizons VI, or its designee, pursuant to the terms of the Sixth Amendment to the MDA and the Amended MDA, and to execute and deliver for and on behalf of the City all certificates, instruments, agreements and other documents, as may be necessary or convenient to perform all matters herein authorized. SECTION 3. EFFECTIVE DATE. This Ordinance shall be in full force and effect from and after its passage and approval. WA 16462870.1 BE IT REMEMBERED 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, Missouri, this 20" day of April 2021. i ,,I Ka leen L. Rose, Mayor ;ATT Robin ,Kincaid,'City,Clerk Appmu0 as to form. SWecounsel ane LLP S to the City by Joe Bednar 3 WA 16462870.1 EXHIBIT A INVOICE NO. 81283 4 WA 16462870.1 Exhibit A Remit To: Horizons Industrial VI, LLC (816) 888-7380 4825 NW 41 st St., Ste 500 Riverside, MO 64150 To: City of Riverside 2950 NW Vivion Road Kansas City, MO 64150 Premises. Invoice Date 02/15/2021 Invoice No. 81283 Tenant ID 1006rive Unit Billing Information for City of Riverside: Date Description -- Amount 02/15/2021 2021 Horizons VI pad reimbursement 105,911.82 Grand Total 105,911.82 ---------------------------------------------------------------------------- Remittance Advice (please detach amid etum) Customer Information Invoice Information Tenant Name City of Riverside Tenant ID 1006rive Name: City of Riverside Unit Billing Address. 2950 NW Vivion Road Remit To: Horizons Industrial VI, LLC Payment Date City/State/Zip Kansas City, MO, 64150 Payment Amount Thank you for your prompt payment Remit To: Horizons Industrial VI, LLC (816) 888-7380 4825 NW 41st St., Ste 500 Riverside, MO 64150 To: City of Riverside 2950 NW Vivion Road Kansas City, MO 64150 Premises: Invoice Date 02/15/2021 Invoice No. 81283 Tenant ID 1006rive Unit Billing Information for City of Riverside: Date Description Amount 02/15/2021 2021 Horizons VI pad reimbursement 105,911.82 Grand Total 105,911.82 ---------------------------------------------------------------------------- Remittance Advice (please detach and return) Customer Information Invoice Information Tenant Name City of Riverside Tenant ID 1006rive Name: City of Riverside Unit Billing Address: 2950 NW Vivion Road Remit To: Horizons Industrial VI, LLC Payment Date City/State/Zip Kansas City, MO, 64150 Payment Amount Thank you for your prompt payment HORIZONS INDUSTRIAL VI, LLC 4825 NW 4197 ST,SUITE 500 RNERSIDE,MISSOURI 64150 816-888-7380 February 15,2021 VIA HAND DELIVERY VIA HAND DELIVERY AND F.MAII. City of Riverside City of Riverside City Hall City Hall 2950 NW Vivion Road 2950 NW Vivion Road Riverside,Missouri 64150 Riverside, Missouri 64150 Attn:City Administrator Attn:Clerk Re: Notice of Request for Reimbursement of Public Funds($577,638.46)per Sixth Amendment to Master Development Agreement Dated February 7, 2017 ("Amended Master Development Agreement") by a between City of Riverside, Missouri, a City and Political Subdivision Duly Organized and Existing under the Constitution and Laws of the State of Missouri ("City")and Horizons Industrial VI,LLC,a Delaware Limited Liability Company("Horizons VI"). Ladies and Gentlemen: Per the Amended Master Development Agreement,attached hereto as Exhibit A,the City and Horizons VI agreed to share the costs of the Additional Public Infrastructure(i.e. site grading/fill and site demolition, excavation and grading). Per the Shaw Change Order #17, the projected cost of the Additional Public Infrastructure was $1,178,854.00 of which $577,638.46 is the responsibility of the City and, per the Amended Master Development Agreement,is reimbursable to Horizons VI following receipt of payments in-lieu oftaxes for the Horizons VI project(the"PILOT Payments")by the City/City Treasury. As of the date of this letter,PILOT Payments in the amount of$471,726.64 have been paid by Horizons VI to the City/City Treasury. As such, and in accordance with Section 7 of the Amended Master Development Agreement, Horizons VI is hereby requesting reimbursement of the Public Fund portion of the Additional Public Infrastructure (i.e. $577,638.46). Please remit payment in accordance with the Amended Master Development Agreement to the following address: Horizons Industrial VI,LLC Attn:Nathaniel Hagedorn 4825 NW 4V Street,Suite500 Riverside,Missouri 64150 Should you have any questions regarding this notice,please contact me at your earliest opportunity.Thank you. HORIZONS INDUSTRIAL VI,LLC BY. a-- Nathaniel Hagedorn EXHIBIT A Sixth Amendment to Master Development Agreement BILL NO. 2017-008 ORDINANCE NO. ZtLIO AN ORDINANCE AUTHORIZING THE CITY TO ENTER INTO A SIXTH AMENDMENT TO THE MASTER DEVELOPMENT AGREEMENT FOR THE DEVELOPMENT OF THE BRIARCLIFF HORIZONS SITE AND AUTHORIZING AND APPROVING CHANGE ORDER 19 TO THE GEORGE J. SHAW CONTRUCTION CO. CONTRACT WHEREAS, Briarcliff Realty, LLC, a Missouri limited liability company ("Briarcliff Realty") and the City entered into that certain Master Development Agreement dated May 10, 2011 ("MDA") which provides for, among other items, the construction of Infrastructure Improvements on the Briarcliff Horizons Site (as such terms are defined in the MDA); and WHEREAS, the MDA established Infrastructure Phase 1 improvements to consist of the lakes, canals, and landscaping, and further established the cost estimate and budget for the Infrastructure Phase I Improvements to be Thirteen Million One Hundred Forty-Six Thousand Six Hundred Eighty-Three Dollars ($13,146,683.00); and WHEREAS, on or about August 21, 2011, Briarcliff Realty competitively bid the Infrastructure Project (as defined in the MDA) and subsequently submitted its recommendation to the City to award a portion of the project known as Horizons Earthwork / Site Utilities (City Project No. 607-001) to George J. Shaw Construction Co. ("Shaw"); and WHEREAS, on or about November 1, 2011, the Board of Aldermen approved Shaw as the contractor to perform construction services related to the Earthwork portion of Horizons Earthwork/Site Utilities, and WHEREAS, on or about December 1, 2011, Briarcliff Realty entered into an agreement with Shaw to perform construction services related to a portion of the Horizons Earthwork / Site Utilities in an amount not to exceed Seven Million Three Hundred Thirty Thousand Four Hundred Seventy-Seven Dollars ($7,330,477.00) ("Shaw Contract"); and WHEREAS, Briarcliff Realty assigned all of its rights and obligations under the MDA, but not its rights and obligations under the MDA First Amendment, to Briarcliff Horizons, LLC, an affiliated entity of Briarcliff Realty, pursuant to Section 12.5(b) of the MDA; and WHEREAS, on or about February 13, 2012, Briarcliff Horizons, LLC filed articles of amendment with the Missouri Secretary of State changing its name to Riverside Horizons, LLC ("RH"); and WHEREAS, on or about August 17, 2012, RH assigned all of its duties and obligations under the MDA to construct and complete the public infrastructure and other public improvements as set forth in the MDA to Northpoint Development, LLC ("NPD") pursuant to Section 12.5(b) of the MDA; and WHEREAS, the Board of Aldermen has previously approved Change Orders 1 through 18 to the Shaw Contract totaling an additional cost of Three Million Three Hundred Sixty-Eight Thousand Two Hundred Fourteen and 22/100 Dollars ($3,368,214.22); and WHEREAS, NPD, Horizons Industrial VI, LLC, a Delaware limited liability company ("Horizons VI"), and Shaw request approval of, and City staff recommend and request the Board WA 9003435.1 of Aldermen to approve, the following Change Order 19 to the Shaw Contract ("Change Order 19") attached hereto as Exhibit A and incorporated herein: Change Order 19: a) Addition for Horizons VI pad preparation, mobilization, layout, and supervision resulting in an increase in the contract amount of$38,220.00; b) Addition for erosion control resulting in an increase in the contract amount of$15,115.00; c) Addition for stripping/clearing resulting in an increase in the contract amount of$18,595.00; d) Addition for Horizons VI on-site cut/fill resulting in an increase in the contract amount of$305,495.00; e) Addition for Horizons VI import and pad fill to subgrade elevation resulting in an increase in the contract amount of$462,814.00; f) Addition for placement of surcharge resulting in an increase in the contract amount of$97,384.50; g) Addition for flipping of surcharge resulting in an increase in the contract amount of$72,072.00; h) Addition for removing surcharge and filling site to grade resulting in an increase in the contract amount of$107,418.50; and i) Addition for finishing grading of building pad resulting in an increase in the contract amount of$61,740.00. For a total net cost INCREASE pursuant to Change Order 19 of One Million One Hundred Seventy-Eight Thousand Eight Hundred Fifty-Four Dollars ($1,178,854.00) to increase the overall contract total to Eleven Million Eight Hundred Seventy-Seven Thousand Five Hundred Forty-Five and 221100 Dollars ($11,877,545.22)for Shaw; and WHEREAS, Section 5.5 and 5.6 of the MDA require City approval for all change orders to the Infrastructure Construction Documents; and WHEREAS, the Board of Aldermen has previously approved Amendments 1 through 5 to the MDA; and WHEREAS, RH, NPD, Horizons VI, and the City desire to amend the MDA pursuant to the Sixth Amendment to Master Development Agreement attached hereto as Exhibit B, and incorporated herein (the "Sixth Amendment") to provide for the construction of Industrial VI Infrastructure (as defined in the Sixth Amendment), and additional amendments to the MDA as set forth therein; and WHEREAS, the Board of Aldermen find it to be in the best interests of the City in order to further the objectives of industrial and economic development of the City, and the terms and conditions of the MDA, as well as in furtherance of the objective to protect the health, safety, and welfare of the businesses and citizens of the City, to approve the Sixth Amendment and approve Change Order 19. NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF ALDERMEN OF THE CITY OF RIVERSIDE, MISSOURI AS FOLLOWS: 2 WA 9003435.1 SECTION 1. BEST INTEREST OF THE CITY TO APPROVE CHANGE ORDER 19. The Board of Aldermen finds that it is in the best interest of the City to approve Change Order 19, attached hereto as Exhibit A and incorporated herein, and that such approval fulfills a public purpose and will further the growth of the City, facilitate the development of the entire Horizons site, improve the environment of the City, foster increased economic activity within the City, increase employment opportunities within the City and otherwise is in the best interests of the City by furthering the health, safety, and welfare of its residents and taxpayers, and the Board of Aldermen does hereby approve Change Order 19 as follows: Change Order 19: a) Addition for Horizons VI pad preparation, mobilization, layout, and supervision resulting in an increase in the contract amount of$38,220.00; b) Addition for erosion control resulting in an increase in the contract amount of$15,115.00; c) Addition for stripping/clearing resulting in an increase in the contract amount of$18,595.00; d) Addition for Horizons VI on-site cuttfill resulting in an increase in the contract amount of$305,495.00; e) Addition for Horizons VI import and pad fill to subgrade elevation resulting in an increase in the contract amount of$462,814.00,- f) 462,814.00;f) Addition for placement of surcharge resulting in an increase in the contract amount of$97,384.50; g) Addition for flipping of surcharge resulting in an increase in the contract amount of$72,072.00; h) Addition for removing surcharge and filling site to grade resulting in an increase in the contract amount of$107,418.50; and i) Addition for finishing grading of building pad resulting in an increase in the contract amount of$61,740.00. For a total net cost INCREASE pursuant to Change Order 19 of One Million One Hundred Seventy-Eight Thousand Eight Hundred Fifty-Four Dollars ($1,178,854.00) to increase the overall contract total to Eleven Million Eight Hundred Seventy-Seven Thousand Five Hundred Forty-Five and 22/100 Dollars ($11,877,545.22) for Shaw. SECTION 2. BEST INTEREST OF THE CITY TO APPROVE SIXTH AMENDMENT. The Board of Aldermen finds that it is in the best interests of the City in order to further the objectives of industrial and economic development of the City, and the terms and conditions of the MDA, as well as in furtherance of the objective to protect the health, safety, and welfare of the businesses and citizens of the City, to approve the Sixth Amendment, attached hereto as Exhibit B and incorporated herein, and the Board of Aldermen does hereby approve the Sixth Amendment. SECTION 3. AUTHORITY GRANTED. The City hereby authorizes the Mayor of the City to execute and deliver the Sixth Amendment and Change Order 19, consistent with the terms of this Ordinance and Missouri law, and hereby authorizes the Mayor, the City Administrator, Special Counsel to the City and other appropriate City officials to take any and all actions as may be deemed necessary or convenient to carry out and comply with the intent of this Ordinance and to execute and deliver for and on behalf of the City all certificates, instruments, agreements and other documents, as may be necessary or convenient to perform all matters herein authorized. 3 WA 9003435.1 SECTION 4. EFFECTIVE DATE. This Ordinance shall be in full force and effect from and after its passage and approval. BE IT REMEMBERED 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, Missouri, this 31"day of January, 2017. Kathleen L. Rose, Mayor ATTEST:• e r Robi Kincaid, Ciily Clerk 1 .••• Approved as to form: Spenc Fane LLP, Special unsel to the City e B nar 4 WA 9003435.1 EXHIBIT A COVER MEMO AND CHANGE ORDER 19 5 WA 9003435.I EXHIBIT B SIXTH AMENDMENT TO MASTER DEVELOPMENT AGREEMENT WA 9003435.1 SIXTH AMENDMENT TO MASTER DEVELOPMENT AGREEMENT THIS SIXTH AMENDMENT TO MASTER DEVELOPMENT AGREEMENT ("Sixth Amndmenj") is made and entered into as of February 7, 2017 by and among the CITY OF RIVERSIDE, MISSOURI, a fourth class city duly organized and existing under the Constitution and laws of the State of Missouri (the "City"), HORIZONS INDUSTRIAL VI, LLC, a Delaware limited liability company ("Horizons VI"), RIVERSIDE HORIZONS, LLC, a Missouri limited liability company ("RH"), and NORTHPOINT DEVELOPMENT, LLC, a Missouri limited liability company ("NP Develop=').This Sixth Amendment amends the MDA(as defined below). RECITALS WHEREAS, Briarcliff Realty, LLC, a Missouri limited liability company("Briarcliff Realty"), and the City entered into that certain Master Development Agreement dated as of May 10, 2011 (as amended, the "h1 ), which provides for the temps and conditions upon which Briarcliff'Realty may purchase a portion of the Mortgaged Property from the City; WHEREAS, Briarcliff Realty assigned all of its rights and obligations under the MDA, but not its rights and obligations under the MDA First Amendment, to Briarcliff Horizons, LLC, an affiliated entity of Briarcliff Realty,LLC,pursuant to Section 12.5(b)of the MDA; WHEREAS, on or about February 13, 2012 Briarcliff Horizons, LLC filed Articles of Amendment with the Missouri Secretary of State changing its name to Riverside Horizons,LLC; WHEREAS, on or about August 17, 2012, RH assigned its rights, title, interest, duties and obligations regarding infrastructure under the MDA to NP Development,an affiliate of RH; WHEREAS,NorthPoint Holdings, LLC,a Missouri limited liability company("NP Holdings'), is the sole member of NP Development, is a member of Horizons VI, and has been appointed as the Development Manager of the Project(as defined below)pursuant to that certain Development Agreement between NP Holdings and Horizons VI; WHEREAS, on or about October It, 2016, RH provided the City with a Notice of Intent to Purchase ("Ngfia"), pursuant to Section 7.5(a) of the MDA, stating its notice of intent to purchase the Site(as defined below)in order to construct the Project thereon; WHEREAS, the Industrial Development Authority of the City of Riverside, Missouri issued its Industrial Development Revenue Bonds (Riverside, Horizons Infrastructure Project—City of Riverside,Missouri),Series 2007 in the principal amount of 540,265,000("Bonds'); WHEREAS, the City, the IDA, and UMB Bank, N.A. entered into that certain Financing and Cooperation Agreement dated as of May 1,2007 relating to the Bonds("FinancingA&MOMt'); WHEREAS,the Financing Agreement requires that the IDA,upon direction of the City,transfer and sell the Mortgaged Property, as defined in the Financing Agreement, in whole or in part, in one or more transactions; (139311S5/C0MML7/Q11)6999;3► 1 WA 9181986.1 Sixth Amendment-Master Development Agreement WHEREAS, the IDA owns all of Lot 1, FINAL PLAT REPLAT OF RIVERSIDE HORIZONS INDUSTRIAL VI EAST,a subdivision in the City of Riverside,Platte County,Missouri,according to the plat recorded January 5,2017 as Document No.2017000198 in Plat Book 21 at Page 256("Site"),and the City desires to encourage the beneficial and orderly development of the same; WHEREAS, in order to accommodate the Project, the City desires to authorize and direct the IDA to sell the Site and transfer it to the City by way of a Special Warranty Deed, in substantially the form attached hereto as Exhibit A; WHEREAS, the City finds that it is necessary and in the best interests of the City, in order to further the objectives of the applicable TIF Plan and objectives of industrial and economic development for the City,to authorize the sale of the Site from the IDA to the City at the price of$0.50 per square foot; WHEREAS, the size of the Site is 874,671 square feet, making the purchase price of the Site Four Hundred Thirty-Seven Thousand Three Hundred Thirty-Five and 50/100 Dollars ($437,335.50) ("Sale Price'); WHEREAS,pursuant to the Financing Agreement,UMB Bank N.A.,Trustee of the Bonds, will need to receive the amount of the Sale Price in order for the Site to be released from the mortgage thereon; WHEREAS, pursuant to the Notice, RH intends to assign its rights pursuant to the MDA to develop the Site to Horizons VI who intends to develop the Site through construction of a 412,065 square foot industrial distribution warehouse("Proicc '); WHEREAS, pursuant to the MDA, Section 3.2, the City and the Developer acknowledge and agree that the scope of infrastructure and costs may be amended; WHEREAS, public infrastructure improvements ("Industrial VI Infrastructure'), as set forth on Shaw Change Order #19 (as defined below), are needed for the completed construction and use of the Site; WHEREAS, Horizons VI, in consideration for the City directing the IDA to sell the Site to the City and the City's subsequent sale of the Site to RH for the Sale Price,has agreed to participate with the City in the costs of constructing the Industrial VI Infrastructure for the Site; WHEREAS, based on the Project design and construction specifications, the anticipated cost of providing the Industrial VI Infrastructure is One Million One Hundred Seventy-Eight Thousand Eight Hundred Fifty-Four and 00/100 Dollars($1,178,854.00), which shall be funded by Horizons VI("Ed32Le Funds"), of which forty-nine percent(490/.)of the actual costs thereof,up to a maximum amount of Five Hundred Seventy-Seven Thousand Six Hundred Thirty-Eight and 46/100 Dollars ($577,638.46), shall be reimbursed by the City to Horizons VI, only after the City, as confirmed by the Finance Director and determined by the Board of Aldermen by and through written Resolution, receives into its Treasury the Payment In Lieu Of Taxes("PILOT"),paid by Horizons VI; {1893/155/CONTRACr/01176999;31 2 WA 9181986.1 Sixth Amendment-Master Development Agreement WHEREAS, the City's Board of Aldermen instruct staff and Special Counsel to enter into an agreement with Horizons VI to establish the Industrial VI Infrastructure funding sources and specify an escrow process for the Private Funds to fund the Industrial VI Infrastructure costs whereby Horizons VI shall cause to be deposited into an account within the City Treasury designated by the Finance Director One Million One Hundred Seventy-Eight Thousand Eight Hundred Fifty-Four and 00/100 Dollars ($1,178,854.00)as a condition precedent to the issuance of Notice to Proceed on the Project by the City Administrator; WHEREAS, the City's Board of Aldermen authorized City funds to pay for forty-nine percent (49%) of the actual costs of the Industrial VI Infrastructure, up to a maximum amount of Five Hundred Seventy-Seven Thousand Six Hundred Thirty-Eight and 46/100 Dollars ($577,638.46), to be expended for Industrial VI Infrastructure costs for the Site("Public Funds'); WHEREAS,the parties desire to amend the MDA through this Sixth Amendment with respect to the public infrastructure specifications for Infrastructure Phase I of the Infrastructure Project pursuant to Section 3.2 of the MDA and the provision of Public Funds and Private Funds for the industrial VI Infrastructure construction for said Project pursuant to Article IV, and with respect to additional matters as set forth herein; WHEREAS, in order for vertical construction to be commenced on the Site, a Change Order to the Shaw Contract entered into pursuant to the MDA, for Horizons VI Site, Demolition, Excavation & Grading Scope of Work, attached hereto as Exhibit B and incorporated herein ("Shaw Change Order #19"),is required; WHEREAS, based on City Ordinance 1510 dated January 31, 2017 approving Shaw Change Order#19, the anticipated cost of Shaw Change Order #19 is One Million One Hundred Seventy-Eight Thousand Eight Hundred Fifty-Four and 00/100 Dollars ($1,178,854.00), all of which shall be deposited by Horizons VI into an account within the City Treasury as designated by the Finance Director for the City prior to the commencement of the scope of work described within Shaw Change Order#19;and WHEREAS, the City and Horizons VI further desire to enter into this Sixth Amendment with respect to the City's reimbursement of forty-nine percent(49%)of the actual costs for the work described within Shaw Change Order#19,up to a maximum amount of Five Hundred Seventy-Seven Thousand Six Hundred Thirty-Eight and 46/100 Dollars($577,638.46). AGREEMENT NOW,THEREFORE, in consideration of the foregoing recitals,mutual covenants and promises set forth below,the receipt and sufficiency of which are mutually acknowledged,the parties agree that the MDA,as previously amended, is hereby further amended by this Sixth Amendment as follows: 1. Recitals and Exhibits: a. Recitals. The Recitals set forth above in this Sixth Amendment are incorporated into and made a part of this Sixth Amendment as if fully set forth in this Section La. J]D93/155/CONTRAU/011T6999;3} 3 WA 9191986.1 Sixth Amendment-Master Development Agreement b. Exhibits. The Exhibits to this Sixth Amendment are incorporated into and made a part of this Sixth Amendment as if fully set forth in this Section Lb. 2. Design and Construction. Horizons VI and the City agree to the Scope of Work as contained within Shaw Change Order #19, attached hereto as Exhibit B, and incorporated herein, and Exhibit CA of the MDA is amended to include Shaw Change Order #19. No changes to or amendments of Shaw Change Order #19 shall be authorized without the mutual written agreement of Horizons VI and the City. 3. Cost of Construction. The City and Horizons VI anticipate the cost of construction for the Industrial VI Infrastructure to meet or exceed $1,178,854.00. The cost may change based on details provided as part of the completed design specifications or modifications required during actual construction. 4. Source of Funds: a. Private Funds. Subject to the terms and conditions set forth in this Sixth Amendment, Horizons VI shall be solely responsible for Private Funds sufficient to pay for any and all reasonable and necessary costs, including construction contingency as described in Section 6, below, incurred in connection with the construction costs of the Industrial VI Infrastructure. If the cost of construction of the Industrial VI Infrastructure increases over the course of construction, Horizons VI shall be responsible for providing all funds as necessary to cover those costs. b. Public Funds. Upon the City's receipt, or not less than 60 days following receipt of payments in-lieu of taxes for the Project ("PILOTS"), as described in Section 7, below, the City shall pay an amount equal to 90% of the PILOTS received for the Project to reimburse Horizons VI for 49%of the actual costs for the Industrial VI Infrastructure,not to exceed the amount of$577,638.46. 5. Escrow. Horizons VI shall deposit into the account designated by the City's Finance Director the full amount of Private Funds prior to the City issuing a notice to proceed to construct any portion of the Industrial VI Infrastructure. The City shall place the Private Funds in escrow to be drawn down as necessary for the duration of construction of the Industrial VI Infrastructure. If additional Private Funds are necessary to complete the Industrial VI Infrastructure, Horizons VI shall deposit those funds within 48 hours of notification of an approved change order request. If there are any Private Funds remaining in the Horizons VI escrow account following completion of the work described within Shaw Change Order #19, as the same may be amended ("Excess Private Fuuda"), the funds shall be returned to Horizons VI within 60 days following the commencement of vertical construction of the Project. Both the Private and Public Funds identified in this Sixth Amendment are specifically identified for the payment of the construction of the Industrial VI Infrastructure and shall not: (1)be deposited into the MDA Escrow Account, (2)be considered"Developer's Contribution"as defined within the MDA,or(3)earn interest. {1693/155/CONTRACT/01176999;3 i 4 WA 9181986.1 Sixth Amendment-Master Development Agreement 6. Construction Cost Contingency. Where the Private Funds will be insufficient to pay for the total cost for the work described within Shaw Change Order#19, Horizons VI shall provide funds in an amount to pay for the total cost of such work that is in excess of the Private Funds. Failure of Horizons VI to deposit sufficient funds into the City Treasury to pay for the total cost of such work, terminates Horizons VI's right to reimbursement pursuant to Section 7 of this Agreement. 7. Reimbursement. Upon the City's receipt of PILOTS for the Project, Horizons VI may request reimbursement for $577,638.46 paid in Private Funds for Shaw Change Order#19 construction costs. The City shall provide the reimbursement to Horizons VI in accordance with Section 4(b), and within 60 days of a written request for the same. Failure of Horizons VI to deposit sufficient funds into the City Treasury to pay for the total cost for the work described within. Shaw Change Order#19,terminates Horizons VI's right to reimbursement pursuant to this section. 8. Indemnification. Horizons VI,RH,and NP Development shall indemnify and save the City and its governing body members,directors, officers, employees and agents harmless from and against all loss, liability, damage or expense arising out of such party's actions involving: the design, construction and completion of the Project or the Industrial VI Infrastructure,or as a result of any breach, default or failure to perform by such party under this Sixth Amendment (collectively referred to as a" 1 im"). Horizons VI,RH, and NP Development shall also indemnify and save the City and its governing body members, directors, officers,employees and agents harmless of, from and against, all costs, reasonable counsel fees, expenses and liabilities incurred by them in any action or proceeding brought by reason of any such Claim. If any action or proceeding is brought against the City or its governing board members,directors,officers, employees or agents by reason of any such Claim, Horizons VI, RH, or NP Development, as appropriate, upon notice from the City, covenants to defend such action or proceeding on demand of the City or its governing body members, directors, officers, employees or agents. Nothing in this section shall constitute a waiver of governmental or officers immunity of the City or its officers or employees. 9. Modification. No modification of the terns of this Sixth Amendment shall be valid unless in writing and executed with the same formality as this Sixth Amendment, and no waiver of the breach of the provisions of any section of this Sixth Amendment shall be construed as a waiver of any subsequent breach of the same section or any other sections which are contained herein. 10. Further Assurances. The parties agree to execute such other further documents as may be necessary to effectuate the purposes of this Sixth Amendment or that may be required by law. 11. Execution; Counterparts. This Sixth Amendment may be executed in one or more counterparts, any of which may bear original, facsimile, or electronic signatures. Each counterpart shall constitute an original,and all of the counterparts taken together shall constitute one fully executed Sixth Amendment. 12. This Sixth Amendment and the MDA,together with any prior amendments,constitute the entire agreement of the parties with respect to the subject matter herein, and supersede all prior or contemporaneous agreements, proposals, inquiries, commitments, discussions and correspondence, whether written or oral. This Sixth Amendment and the MDA together with any i18931155/CONTIUCT/O1176999;3) 5 WA 9181986.1 Sixth Amendment-Master Development Agreement prior amendments may not be amended or modified except in writing signed by a duly authorized representative of each party. Other than as set forth above, the MDA remains unchanged and in full force and effect. In the event of a conflict between the terms of the MDA and this Sixth Amendment,this Sixth Amendment will control. [Remainder of Page Intentionally Left Blank—Signature Pages to Follow] 11993/155/CON7MCr/01176999;3 F 5 WA 9181986.1 Sixth Amendment-Master Development Agreement IN WITNESS WHEREOF,the parties have signed this Sixth Amendment as of the date set forth above. THE CITY OF RIVERSIDE,MISSOURI J By: thleen L.Rose, Mayor . Date: (1693/155/CONTRAU/01176999;3 i 7 WA 9181986.1 Sixth Amendment-Master development Agreement HORIZONS INDUSTRIAL VI,LLC, a Delaware Limited Liability Company By: NORTHPOINT HOLDINGS,LLC, a Missouri limited liability company,a Member By: Nathaniel H m,Manager Date: By: THE NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY,a Wisconsin corporation,a member By: Northwestern Mutual Investment Management Company, LLC, a Delaware limited liability company,its wholly owned affiliate By: Joseph Miller,Managing Director Attest: Name: Its: Date: 1189 AWCOWRACT/01176 "j) 8 WA 9191986.1 Sixth Amendment-Master DevOopment Agreement HORIZONS INDUSTRIAL VI,LLC, a Delaware Limited Liability Company By: NORTHPOINT HOLDINGS,LLC, a Missouri limited liability company,a Member By: Nathaniel Hagedorn,Manager Date: By: THE NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY, a Wisconsin corporation,a member By: Northwestern Mutual Investment Management ,'yY�ryItill, Company, LLC, a Delaware limited liability company,its wholly owned affiliate GO ?, 0' �rAPPRovEc W B r i " Michael P �M ng r :rne 0.E. %•'y •:SEA1 �� . Attest: '��G9gN�E.co Name. '� rrrr1111t''' Its: ark HyLnfirey Date: February 3,2017 (1893/155/C0KrRACT/01175999;8) 8 WA 9181986.1 Sixth Amendment-Master Development Agreement RIVERSIDE HORIZONS,LLC, a Missouri limited liability company By: NorthPoint Holdings,LLC, a Missouri limited liability company Its: Manager By: Nathaniel �,Manager Date: i13W155/C0NTRAa/M17"";31 9 WA 9181986.1 Sixth Amendment-Master Development Agreement NORTHPOINT DEVELOPMENT,LLC, a Missouri limited liability copy By: 1~ Nath tel H d ,Manager Date: (M3tI5SX0WRACr/0117699Y;3} 10 WA MAUI Sbcth Amendment-Master Development Agreement EXHIBIT LIST: Exhibit A: Form of Special Warranty Deed From IDA to City Exhibit B: Shaw Change Order t#l9 {1893/155/COHTRACr/01176999;3} 11 WA 9181986.1 Sixth Amendment-Master Development Agreement EXHIBIT A Form of Special Warranty Deed from IDA to City SPECIAL WARRANTY DEED THIS INDENTURE is made as of February 7,2017,by THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF RIVERSIDE, MISSOURI,a public corporation organized and existing under the laws of the State of Missouri, with a mailing address of 2950 NW Vivion Road, Riverside, Missouri 64150, as grantor ("GRANTOR"), to the CITY OF RIVERSIDE, MISSOURI, a fourth class city organized and existing under the laws of the State of Missouri, with a mailing address of 2950 NW Vivion Road,Riverside, Missouri 64150,as grantee("GRANTEE"). WITNESSETH: THAT GRANTOR, in consideration of the sum of TEN AND NO/100 DOLLARS ($10.00) and other valuable consideration to it in hand paid by GRANTEE (the receipt and sufficiency of which is hereby acknowledged) does by these presents, SELL and CONVEY unto GRANTEE, its successors and assigns, the lots, tracts or parcels of land, lying, being and situate in the County of Platte and State of Missouri as described as follows: All of Lot 1, FINAL PLAT REPLAT OF RIVERSIDE HORIZONS INDUSTRIAL VI EAST PLAT, a subdivision in the City of Riverside, Platte County, Missouri, according to the recorded plat thereof,recorded January 5, 2017, as Document No. 2017000198, in Plat Book 21 at Page 256. EXCEPT AND FURTHER SUBJECT TO: a. The subject property is conveyed subject to that certain Declaration of covenants, restrictions, easements, charges, assessments and liens for Horizons Business Park/Planned Development District dated February 13, 2012, and recorded in the Office of the Recorder of Deeds of Platte County,under Document No. 2012003468, as may be heretofore and hereafter amended in accordance therewith, all of the provisions of which are specifically incorporated herein by reference thereto (herein the "Declaration"), and all of which GRANTEE accepts as covenants running with the land and binding at law as well as equity upon GRANTEE and its successors in title to the subject property, and the obligations of which GRANTEE, for itself and its successor in title,agrees to observe and perform. TO HAVE AND TO HOLD the premises aforesaid, with all and singular the rights privileges, appurtenances and immunities thereto belonging or in anywise appertaining unto GRANTEE and unto its successors and assigns forever,GRANTOR hereby covenanting that said premises are free and clear from any encumbrance(except as referenced above)done or suffered by it;and that it will warrant and defend the title to said premises unto GRANTEE and unto its successors and assigns forever, against the lawful claims and demands of all persons claiming under GRANTOR. IN WITNESS WHEREOF,Grantor has caused these presents to be signed as of the day and year first above written. GRANTOR: 11693ASKONTRACT/0117SM3 A-1 THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF RIVERSIDE, MISSOURI By: Leland Finley,President ATTEST: By: Sarah Wagner,Secretary ACKNOWLEDGEMENT STATE OF MISSOURI ) )SS COUNTY OF PLATTE ) ON THIS day of , 2017, before me, the undersigned, a Notary Public in and for said County and state,personally appeared Leland Finley,to me personally known,who being by me duly sworn, did say that he is the President of The Industrial Development Authority of the City of Riverside, Missouri, a public corporation duly organized and existing under the laws of the state of Missouri, and that the seal affixed to the foregoing instrument is the seal of said Authority, and that said instrument was signed and sealed on behalf of said Authority by free act and deed of said Authority. WITNESS my hand and official seal in the County and State aforesaid, the day and year first above written. Notary Public Signature (Seal) Printed or Typed Name My Comrnission Expires: 093/1SS/CONTRACT/01176999;3) A_2 WA 8906242.2 CITY OF CZRnMRS DE jw.� MISSOURI Upstream from ordkmry. 2950 NW Vivion Road Riverside, Missouri 64150 MEMO DATE: January 26, 2017 AGENDA DATE: January 31, 2017 TO: Mayor and Board of Aldermen FROM: Travis Hoover RE: Change Order 19: SHAW CONSTRUCTION Horizons Earthwork& Site Utilities (607-001) BACKGROUND: This Change Order for Horizons Industrial VI includes pad preparation, mobilization, layout, supervision, erosion control, striping, clearing, onsite cut/fill, import & pad fill to subgrade elevation, place '/2 surcharge, flip surcharge, remove surcharge and fill site to grade, and finish grading of building pad. BUDGETARY IMPACT: An additional cost of $1,178,854.00 for Change Order 19 will result in a total amount of$11,877,545.22 for Shaw Construction. Original Contract Amount $ 7,330,477.00 Total of Previous Changes $ 3,368,214.22 Total this Change Order $ 1,178,854.00 Current Contract Total $ 11,877,545.22 RECOMMENDATION: Staff recommends approval of the ordinance and acceptance of the change order with George Shaw Construction for Horizons Earthwork& Site Utilities. CITYY�OF CHANGE ORDER NO. 19 Page hl mbar, 1 or 0&Pip Attached \�� MISSOURI Contractor Name: George J. Shaw Co. [We Prepared: Project Noma: Horizons Earthwork 1 Site Utilities Project Number 807'001 corltrea oats: 1210112011 The folow ng changes to the original contract amount were required to cover cost incurred by the Project Location: Riverside,Missouri Contractor or to reflect savings realized by the Contractor as a result of a charge in the actual oonstruded quantities from the estimated quantities shown on the Bid Proposal. REQUIRED CHANGES IN PRESENT CONTRACT Contract a Previa a Contract s frena DeacdpHon A Reason for Change Order(Please describe item below and Men follow wiM reason for New or New or New or Line Rem No. Previous Previous Previous Unit Quantity Unit Price Amtxad Change Omar) 1) Regtlsatad by City 2)Unlmwwn She Cordtitxls 3)Not Incorporated in plamAdjusted Adjusted Adjusted Querrf Unit Pace Amount 0.o 60.00 $0.00 t.s Hod—N Pad i4oesreom a 1.0 hoe220.00 $38220.00 0.0 60.90 $0.00 is rroua,ceeaoa 10 $1s 115.00 $15,115.00 00 6000 $0.00 Ls 1.0 $10,505.00 $18595.00 0.0 $0.00 mm LS Korean w Ores.crags 10 6005 say 00 $305,495.00 o.o 60.00 $0.00 ca Natrnra Vl know a Pad Fa to E*vm— 1.0 $462.014,00 $462,814.00 00 $000 $000 t.s Pteea112 1.0 687,380.50 $97384.50 00 $000 $000 csFlp SAArseap 1.o $72.072,00 $72,072.00 00 $0.00 $000 is Raeore rad n see to Grade 10 $107,418.50 $107,418.50 ou $0.00 $0,00 Let Frwn GnAdiN a Pad 1-0 681,740.00 $61740.00 Previous Total 1 $0.00 Adjusted Tote)- $1,178,854.00 •All Net Change $1,178,854.00 Skatoment d Contract Original Contract Amount $7,330,477.00 Net Amount of Previous Additions and Deductions $3,368,21422 Net Contract Amount Prior to This Request $10,698,69122 (ill A4.00) Amount of This Request $1,178.854.00 New Contract Amount $11,877,545.22 Percent Change in Contract Amount 11.02% DESIGN ENGINEER: CITY OF RIVERSIDE,MISSOURI: Cane" -- — _ City Engineer: Name Purled Travis Hoover SQ-d bees SO-d _ City Administrator: n"A, _ Greg Mills Signed — Dale -- — CONTRACTOR: ONSITE PROJECT MANAGER: CONTRACTOR'S Ce r. ON—SITE PROJECT MANAGER CartMcatlOrder: The undersigned CONTRACTOR certifies that all changes In accpdance with the Comrad Doamenta,the a-site observations.and daanibed above aro necessary in rider for the CONTRACTOR to the data mmPrising ttws charge order,the or-site protect manager certRies Proceed with execmon Or the 04ntfed dOdaneMs,and eras IRs t0 the Owner that to the belt Of the on-site Prolerd managers VwArtedge, vai0es staked abort are cored with rasped to the work information and belof ere above referorged charges era nsceaeery in rider to anbdpated under this change orderproved whir aro execution of the contract dokvments,and that the blues stated atwve are correct with respsd to the work andapated under this dwnge order. Corn--f Nems Prised'. .-._ _ N.—Phi h,& - slond — I d Date. —_ EXHIBIT B INVOICE NO. 84014 5 EXHIBIT B Remit To: Riverside Horizons LLC 4825 NW 41 st St. Ste. 500 Riverside, MO 64150 To: City of Riverside 2950 NW Vivion Road Kansas City, MO 64150 Premises: Invoice Date 03/30/2021 Invoice No. 84014 Tenant ID 1000rive Unit Billing Information for City of Riverside: Date Description Amount 03/30/2021 2021 PILOT payment reimbursement 413,733.79 Grand Total 413,733.79 ---------------------------------------------------------------------------- Remittance Advice (please detach and return) Customer Information Invoice Information Tenant Name City of Riverside Tenant ID 1000rive Name: City of Riverside Unit Billing Address: 2950 NW Vivion Road Remit To: Riverside Horizons LLC Payment Date City/State/Zip Kansas City, MO, 64150 Payment Amount Thank you for your prompt payment Riverside Horizons 2020 TIF Owner Parcel TIF Type Share Cardax Systems Inc 23-3.0-05-000-000-062.000 113,725.33 Industrial 22,745.07 Horizons Industrial I LLC 23-3.0-05-000-000-057.000 167,855.12 Industrial 33,571.02 Horizons Industrial II LLC 23-3.0-05-000-000-058.000 184,905.43 Industrial 36,981.09 Horizons Industrial III LLC 23-3.0-05-000-000-068.000 198,641.96 Industrial 39,728.39 Horizons Industrial IV LLC 23-3.0-05-000-000-065.000 334,709.36 Industrial 66,941.87 Horizons Industrial V LLC 23-3.0-05-000-000-066.000 492,451.41 Industrial 98,490.28 Horizons Industrial VI LLC 23-3.0-05-000-000-067.000 319,859.36 Industrial 63,971.87 Horizons Industrial VII LLC 23-3.0-05-000-000-060.000 209,565.10 Industrial 41,913.02 Horizons Office I, LLC 23-3.0-08-000-000-017.000 46,955.90 Office 9,391.18 41373 , 3.79 * `, PLATTE COUNTY TAX RECEIPT i Cot., 2020 REAL ESTATE Sheila L. Palmer, Collector Online @www.plattecountycollector.com Live Chat M-F 8:30 a.m to 4:30 p.m. Administrative Building 415 Third St. Room 212 CARDAX SYSTEMS INC Platte City, MO 64079 DON STEELE Phone: 816-858-3356 5005 NW 41ST ST RIVERSIDE MO 64150-0000 Tax District Levy per$100 Total Tax State Blind Pension Fund 0.0300 0.15 PARCEL ID#: 23-3.0-05-000-000-062.000 County 0.0600 0.30 SEC,TWN, RNG: 5-50-33 Health Department 0.0779 0.39 ACRES: 4.23 PC Board of Svcs for Dev Disabled 0.1267 0.63 TAX DISTRICT#: 23 DELINQ YEARS: Mental Health 0.0974 0.49 GROUP CD: 0 M-CODE: 0 Mid-Continent Public Library 0.3696 1.85 PHYSICAL ADDRESS: 5005 NW 41ST ST Senior Citizen Levy 0.0488 0.24 TOTAL APPRAISED: 5,050,744 Park Hill School 5.3955 26.98 Property Description Parkville Special Road 0.2599 1.30 Metropolitan Community Colleges 0.2128 1.06 RIVERSIDE HORIZONS EAST 1ST REPLAT OF LOT 13 LOT 1 MSM Replacement Tax 0.3600 1.80 RIVERSIDE HORIZONS EAST 1ST REPLAT OF LOT 13 TIF 113,725.33 Riverside Quindaro Bend Levee 1,691.87 Assessed Land Assessed Structure SUBTOTALS Riverside Quindaro Bend Installment 998.39 Residential 0 0 0 Agricultural 0 0 0 Commercial 132,666 1,483,572 1,616,238 SUBTOTALS 132,666 1,483,572 1,616,238 TOTAL ASSESSED VALUATION 1 1,616,238 ! 4` 4 PAID * ttr L��-1� yt„i• , 116,450.78 Date Printed:02/02/2021 VALIDATED BY PLATTE COUNTY COLLECTOR PLATTE COUNTY AUDITOR DATE: __1 2/04/2020 AMOUNT PAID: 1161450.78 TRANSACTION#: 2122299 REAL ESTATE TAX RECEIPTS CA NNO T BE USED TO LICENSE VEHICLES PLATTE COUNTY TAX RECEIPT" :oma 2020 REAL ESTATE Sheila L. Palmer, Collector Online @www.plattecountycollector.com Live Chat M-F 8:30 a.m to 4:30 p.m. Administrative Building 415 Third St. Room 212 HORIZONS INDUSTRIAL I LLC Platte City, MO 64079 % NORTH POINT DEVELOPMENT Phone: 816-858-3356 4825 NW 41ST ST STE 500 RIVERSIDE MO 64150-0000 Tax District Levy per$100 Total Tax State Blind Pension Fund 0.0300 0.15 PARCEL ID#: 23-3.0-05-000-000-057.000 County 0.0600 0.30 SEC,TWN, RNG: 5-50-33 Health Department 0.0779 0.39 ACRES: 9.00 PC Board of Svcs for Dev Disabled 0.1267 0.63 TAX DISTRICT#: 23 DELINQ YEARS: Mental Health 0.0974 0.49 GROUP CD: 0 M-CODE: 0 Mid-Continent Public Library 0.3696 1.85 PHYSICAL ADDRESS: 4780 NW 41 ST ST Senior Citizen Levy 0.0488 0.24 TOTAL APPRAISED: 7,454,000 Park Hill School 5.3955 26.98 Property Description Parkville Special Road 0.2599 1.30 Metropolitan Community Colleges 0.2128 1.06 RIVERSIDE HORIZONS EAST 1ST LOT 4 M&M Replacement Tax 0.3600 1.80 RIVERSIDE HORIZONS EAST 1ST TIF 167,855.12 Riverside Quindaro Bend Levee 4,881.85 Assessed Land Assessed Structure SUBTOTALS Riverside Quindaro Bend Installment 2,880.83 Residential 0 0 0 Agricultural 0 0 0 Commercial 282,226 2,103,054 2,385,280 SUBTOTALS 282,226 2,103,054 2,385,280 TOTAL ASSESSED VALUATION 2,385,280 PAID 1 175,652.99 Date Printed:02/03/2021 VALIDATED BY PLATTE COUNTY COLLECTOR PLATTE COUNTY AUDITOR DATE: 12/22/2020 AMOUNT PAID: 175,652.99_ TRANSACTION#: 2127237 REAL ESTATE TAX RECEIPTS CANNOT BE USED TO LICENSE VEHICLES .rerw:. * *, PLATTE COUNTY TAX RECEIPT 2020 REAL ESTATE Sheila L. Palmer, Collector Online @www.plattecountycollector.com Live Chat M-F 8:30 a.m to 4:30 p.m. Administrative Building 415 Third St. Room 212 HORIZONS INDUSTRIAL II LLC Platte City, MO 64079 % GRAINGER INTERNATIONAL INC ATTN: TAMMY MOORE B3 Phone: 816-858-3356 100 GRAINGER PKWY LAKE FOREST IL 60045-0000 Tax District Levy per$100 Total Tax State Blind Pension Fund 0.0300 0.15 PARCEL ID#: 23-3.0-05-000-000-058.000 County 0.0600 0.30 SEC,TWN, RNG: 5-50-33 Health Department 0.0779 0.39 ACRES: 9.69 PC Board of Svcs for Dev Disabled 0.1267 0.63 TAX DISTRICT#: 23 DELINQ YEARS: Mental Health 0.0974 0.49 GROUP CD: 0 M-CODE: 0 Mid-Continent Public Library 0.3696 1.85 PHYSICAL ADDRESS: 4950 NW 42ND ST Senior Citizen Levy 0.0488 0.24 TOTAL APPRAISED: 8,211,000 Park Hill School 5.3955 26.98 Property Description Parkville Special Road 0.2599 1.30 Metropolitan Community Colleges 0.2128 1.06 RIVERSIDE HORIZONS EAST 1ST LOT 1 M&M Replacement Tax 0.3600 1.80 RIVERSIDE HORIZONS EAST 1ST TIF 184,905.43 Riverside Quindaro Bend Levee 5,257.56 Assessed Land Assessed Structure SUBTOTALS Riverside Quindaro Bend Installment 3,102.54 Residential 0 0 0 Agricultural 0 0 0 Commercial 303,969 2,323,551 2,627,520 SUBTOTALS 303,969 2,323,551 2,627,520 TOTAL ASSESSED VALUATION 2,627,520 Ak PAID 193,300.72 Date Printed:02/03/2021 VALIDATED BY PLATTE COUNTY COLLECTOR PLATTE COUNTY AUDITOR DATE: 12/10/2020 AMOUNT PAID: 193,300.72 TRANSACTION#: 2123701 REAL ES TA TE TAX RECEIPTS CANNOT BE USED TO LICENSE VEHICLES PLATTE COUNTY TAX RECEIPT 2020 REAL ESTATE Sheila L. Palmer, Collector Online @www.plattecountycollector.com Live Chat M-F 8:30 a.m to 4:30 p.m. Administrative Building 415 Third St. Room 212 HORIZONS INDUSTRIAL III LLC Platte City, MO 64079 % NORTHPOINT DEVELOPMENT Phone: 816-858-3356 4825 NW 41ST ST STE 500 RIVERSIDE MO 64150-0000 Tax District Levy per$100 Total Tax State Blind Pension Fund 0.0300 0.90 PARCEL ID#: 23-3.0-05-000-000-068.000 County 0.0600 1.80 SEC,TWN, RNG: 5-50-33 Health Department 0.0779 2.34 ACRES: 9.73 PC Board of Svcs for Dev Disabled 0.1267 3.80 TAX DISTRICT#: 23 DELINQ YEARS: Mental Health 0.0974 2.92 GROUP CD: 0 M-CODE: 0 Mid-Continent Public Library 0.3696 11.09 PHYSICAL ADDRESS: 4825 NW 41ST ST Senior Citizen Levy 0.0488 1.46 TOTAL APPRAISED: 8,828,685 Park Hill School 5.3955 161.87 Property Description Parkville Special Road 0.2599 7.80 RIVERSIDE HORIZONS INDUSTRIAL III EAST LOT 1 Metropolitan Community Colleges 0.2128 6.38 M&M Replacement Tax 0.3600 10.80 RIVERSIDE HORIZONS INDUSTRIAL III EAST TIF 198,641.96 Riverside Quindaro Bend Levee 1,264.97 Assessed Land Assessed Structure SUBTOTALS Riverside Quindaro Bend Installment 746.47 Residential 0 0 0 Agricultural 0 0 0 Commercial 305,600 2,519,580 2,825,180 SUBTOTALS 305,600 2,519,580 2,825,180 TOTAL ASSESSED VALUATION 2,825,180 PAID 200,864.56 Date Printed:02/03/2021 VALIDATED BY PLATTE COUNTY COLLECTOR PLATTE COUNTY AUDITOR DATE: 12/22/2020 AMOUNT PAID: 2002864.56 TRANSACTION#: 2127248 REAL ES TA TE TAX RECEIPTS CANNOT BE USED TO LICENSE VEHICLES t L1f hf, PLATTE COUNTY TAX RECEIPT 2020 REAL ESTATE Sheila L. Palmer, Collector Online @www.plattecountycollector.com Live Chat M-F 8:30 a.m to 4:30 p.m. Administrative Building 415 Third St. Room 212 HORIZONS INDUSTRIAL IV LLC Platte City, MO 64079 % NORTHPOINT DEVELOPMENT Phone: 816-858-3356 4825 NW 41ST ST STE 500 RIVERSIDE MO 64150-0000 Tax District Levy per$100 Total Tax State Blind Pension Fund 0.0300 0.15 PARCEL ID#: 23-3.0-05-000-000-065.000 County 0.0600 0.30 SEC,TWN, RNG: 5-50-33 Health Department 0.0779 0.39 ACRES: 15.31 PC Board of Svcs for Dev Disabled 0.1267 0.63 TAX DISTRICT#: 23 DELINQ YEARS: Mental Health 0.0974 0.49 GROUP CD: 0 M-CODE: 0 Mid-Continent Public Library 0.3696 1.85 PHYSICAL ADDRESS: 4600 NW 41ST ST Senior Citizen Levy 0.0488 0.24 TOTAL APPRAISED: 14,862,000 Park Hill School 5.3955 26.98 Property Description Parkville Special Road 0.2599 1.30 Metropolitan Community Colleges 0.2128 1.06 LOT 5&THEE 65'OF LOT 6 M&M Replacement Tax 0.3600 1.80 RIVERSIDE HORIZONS INDUSTRIAL IV EAST TIF 334,709.36 Riverside Quindaro Bend Levee 7,598.46 Assessed Land Assessed Structure SUBTOTALS Riverside Quindaro Bend Installment 4,483.93 Residential 0 0 0 Agricultural 0 0 0 Commercial 480,091 4,275,749 4,755,840 SUBTOTALS 480,091 4,275,749 4,755,840 TOTAL ASSESSED VALUATION 4,755,840 PAID 346,826.94 Date Printed:02/03/2021 VALIDATED BY PLATTE COUNTY COLLECTOR PLATTE COUNTY AUDITOR DATE: 12/23/2020 AMOUNT PAID: 346 826.94 TRANSACTION#: 2127636 REA L ES TA TE TAX RECEI P TS CA NNO T BE USED TO LICENSE VEHICLES PLATTE COUNTY TAX RECEIPT 2020 REAL ESTATE Sheila L. Palmer, Collector Online @www.plattecountycollector.com Live Chat M-F 8:30 a.m to 4:30 p.m. Administrative Building 415 Third St. Room 212 HORIZONS INDUSTRIAL V LLC Platte City, MO 64079 % NORTH POINT DEVELOPMENT Phone: 816-858-3356 4825 NW 41ST ST, STE 500 RIVERSIDE MO 64150-0000 Tax District Levy per$100 Total Tax State Blind Pension Fund 0.0300 0.30 PARCEL ID#: 23-3.0-05-000-000-066.000 County 0.0600 0.60 SEC,TWN, RNG: 5-50-33 Health Department 0.0779 0.78 ACRES: 22.53 PC Board of Svcs for Dev Disabled 0.1267 1.27 TAX DISTRICT#: 23 DELINQ YEARS: Mental Health 0.0974 0.97 GROUP CD: 0 M-CODE: 0 Mid-Continent Public Library 0.3696 3.70 PHYSICAL ADDRESS: 4400 NW 41ST ST Senior Citizen Levy 0.0488 0.49 TOTAL APPRAISED: 21,867,000 Park Hill School 5.3955 53.96 Property Description Parkville Special Road 0.2599 2.60 Metropolitan Community Colleges 0.2128 2.13 RIVERSIDE HORIZONS INDUSTRIAL V EAST 2ND LOT 6 M&M Replacement Tax 0.3600 3.60 RIVERSIDE HORIZONS INDUSTRIAL V EAST 2ND TIF 492,451.41 Riverside Quindaro Bend Levee 11,816.33 Assessed Land Assessed Structure SUBTOTALS Riverside Quindaro Bend Installment 6,972.93 Residential 0 0 0 Agricultural 0 0 0 Commercial 549,588 6,447,852 6,997,440 SUBTOTALS 549,588 6,447,852 6,997,440 TOTAL ASSESSED VALUATION 6,997,440 PAID � (fTip 511,311.07 Date Printed:02/03/2021 VALIDATED BY PLATTE COUNTY COLLECTOR PLATTE COUNTY AUDITOR DATE: 01/08/2021 AMOUNT PAID: 511,311.07 TRANSACTION#: 676634 REA L ES TA TE TAX RECEI P TS CA NNO T BE USED TO LICENSE VEHICLES ' PLATTE COUNTY TAX RECEIPT OF CO L- 2020 REAL ESTATE Sheila L. Palmer, Collector Online @www.plattecountycollector.com Live Chat M-F 8:30 a.m to 4:30 p.m. Administrative Building 415 Third St. Room 212 HORIZONS INDUSTRIAL VI LLC Platte City, MO 64079 % NORTHPOINT DEVELOPMENT Phone: 816-858-3356 4825 NW 41ST ST, STE 500 RIVERSIDE MO 64150-0000 Tax District Levy per$100 Total Tax State Blind Pension Fund 0.0300 0.45 PARCEL ID#: 23-3.0-05-000-000-067.000 County 0.0600 0.90 SEC,TWIN, RNG: 5-50-33 Health Department 0.0779 1.17 ACRES: 20.12 PC Board of Svcs for Dev Disabled 0.1267 1.90 TAX DISTRICT#: 23 DELINQ YEARS: Mental Health 0.0974 1.46 GROUP CD: 0 M-CODE: 0 Mid-Continent Public Library 0.3696 5.54 PHYSICAL ADDRESS: 4525 41ST STREET Senior Citizen Levy 0.0488 0.73 TOTAL APPRAISED: 18,908,091 Park Hill School 5.3955 80.93 Property Description Parkville Special Road 0.2599 3.90 Metropolitan Community Colleges 0.2128 3.19 RIVERSIDE HORIZONS INDUSTRIAL III EAST REPLAT LOT 1 M&M Replacement Tax 0.3600 5.40 RIVERSIDE HORIZONS INDUSTRIAL VI EAST REPLAT TIF 425,771.18 Riverside Quindaro Bend Levee 11,078.30 Assessed Land Assessed Structure SUBTOTALS Riverside Quindaro Bend Installment 6,537.41 Residential 0 0 0 Agricultural 0 0 0 Commercial 632,528 5,418,061 6,050,589 SUBTOTALS 632,528 5,418,061 6,050,589 TOTAL ASSESSED VALUATION 6,050,589 PAID - 443,492.46 Date Printed:02/04/2021 VALIDATED BY PLATTE COUNTY COLLECTOR PLATTE COUNTY AUDITOR DATE: 12/22/2020 AMOUNT PAID: 443,492.46 TRANSACTION #: 2127404 REAL ESTATE TAX RECEIPTS CA NNO T BE USED TO LICENSE VEHICLES PLATTE COUNTY TAX RECEIPT 2020 REAL ESTATE Sheila L. Palmer, Collector Online @www.plattecountycollector.com Live Chat M-F 8:30 a.m to 4:30 p.m. Administrative Building 415 Third St. Room 212 HORIZONS INDUSTRIAL VII LLC Platte City, MO 64079 4825 NW 41ST ST STE 500 Phone: 816-858-3356 RIVERSIDE MO 64150-7806 Tax District Levy per$100 Total Tax State Blind Pension Fund 0.0300 0.80 PARCEL ID#: 23-3.0-05-000-000-060.000 County 0.0600 1.60 SEC,TWN, RNG: 5-50-33 Health Department 0.0779 2.08 ACRES: 10.00 PC Board of Svcs for Dev Disabled 0.1267 3.38 TAX DISTRICT#: 23 DELINQ YEARS: Mental Health 0.0974 2.60 GROUP CD: 0 M-CODE: 0 Mid-Continent Public Library 0.3696 9.86 PHYSICAL ADDRESS: 4960 NW 41ST STREET Senior Citizen Levy 0.0488 1.30 TOTAL APPRAISED: 9,312,612 Park Hill School 5.3955 143.90 Property Description Parkville Special Road 0.2599 6.93 RIVERSIDE HORIZONS INDUSTRIAL VII EAST LOT 1 Metropolitan Community Colleges 0.2128 5.68M&M Replacement Tax 0.3600 9.60 RIVERSIDE HORIZONS INDUSTRIAL VII EAST TIF 209,565.10 Riverside Quindaro Bend Levee 5,427.70 Assessed Land ASSBSSed Structure SUBTOTALS Riverside Quindaro Bend Installment 3,202.94 Residential 0 0 0 Agricultural 0 0 0 Commercial 313,777 2,666,259 2,980,036 SUBTOTALS 313,777 2,666,259 2,980,036 TOTAL ASSESSED VALUATION 2,980,036 PAID 218,383.47 Date Printed:02/03/2021 VALIDATED BY PLATTE COUNTY COLLECTOR PLATTE COUNTY AUDITOR DATE: 12/22/2020 AMOUNT PAID: 218 383.47 TRANSACTION#: 2127244 REAL ES TA TE TAX RECEIPTS CANNOT BE USED TO LICENSE VEHICLES *� 1110KY , PLATTE COUNTY TAX RECEIPT jlh �Z Ct)l,?r�• 2020 REAL ESTATE Sheila L. Palmer, Collector Online @www.plattecountycollector.com Live Chat M-F 8:30 a.m to 4:30 p.m. Administrative Building 415 Third St. Room 212 HORIZONS OFFICE 1 LLC Platte City, MO 64079 % NORTH POINT DEVELOPMENT Phone: 816-858-3356 4825 NW 41 ST ST STE 500 RIVERSIDE MO 64150-0000 Tax District Levy per$100 Total Tax State Blind Pension Fund 0.0300 0.01 PARCEL ID#: 23-3.0-08-000-000-017.000 County 0.0600 0.02 SEC,TWN, RNG: 8-50-33 Health Department 0.0779 0.03 ACRES: 2.21 PC Board of Svcs for Dev Disabled 0.1267 0.05 TAX DISTRICT#: 23 DELINQ YEARS: Mental Health 0.0974 0.04 GROUP CD: 0 M-CODE: 0 Mid-Continent Public Library 0.3696 0.15 PHYSICAL ADDRESS: Senior Citizen Levy 0.0488 0.02 TOTAL APPRAISED: 2,084,875 Park Hill School 5.3955 2.16 Property Description Parkville Special Road 0.2599 0.10 Metropolitan Community Colleges 0.2128 0.09 HORIZONS OFFICE ONE LOT 1 M&M Replacement Tax 0.3600 0.14 HORIZONS OFFICE ONE TIF 46,955.90 Riverside Quindaro Bend Levee 2,578.77 Assessed Land Assessed Structure SUBTOTALS Riverside Quindaro Bend Installment 1,521.76 Residential 0 0 0 Agricultural 0 0 0 Commercial 123,160 544,000 667,160 SUBTOTALS 123,160 544,000 667,160 TOTAL ASSESSED VALUATION 667,160 PAIDC 51,059.24 Date Printed:02/03/2021 VALIDATED BY PLATTE COUNTY COLLECTOR PLATTE COUNTY AUDITOR DATE: 12/22/2020 AMOUNT PAID: 51,059.24 TRANSACTION#: 2127271 REAL ES TA TE TAX RECEIPTS CANNOT BE USED TO LICENSE VEHICLES