Tax Increment Financing Plan Terminations

At a glance

• What: Ordinance 260898 would end the 19th Terrace and Central TIF Plan (statutory capture periods expired for several project areas, surplus funds declared, special allocation fund dissolved) and ordinance 260899 would end the Prospect North TIF Plan.
• Where it stands: First reading October 1, 2026; referred to the Finance, Governance and Public Safety Committee due back 10/6/2026. Later action is not in the minutes reviewed.
• Next: Check later committee and Council minutes.

First reading, October 1, 2026

• 260898: accepts the TIF Commission recommendation, acknowledges expiry of the statutory periods for Redevelopment Project Areas 6, 7, 10, 11 and 13, terminates designation of Areas 6, 7, 8, 9, 10, 11 and 13, and sends copies to Jackson County.
• 260899: terminates the Prospect North TIF Plan and Redevelopment Project Areas 1, 2 and 3, declares funds in the special allocation fund surplus and sends copies to Clay County.

Sources

• City Council meeting minutes, October 1, 2026: https://kansascity.legistar1.com/kansascity/meetings/2026/10/19521_M_Council_26-10-01_Meeting_Minutes.pdf
• Committee agenda, October 27, 2026: https://kansascity.legistar1.com/kansascity/meetings/2026/10/19581_A_Finance%2C_Governance_and_Public_Safety_Committee_26-10-27_Agenda_-_Committees.pdf

Log

2026-10-27 - Finance, Governance and Public Safety Committee Meeting

260898 (19th Terrace and Central) listed as held on the committee agenda.

2026-10-01 - City Council

First readings; referred to committee.