October 14, 2015 Sandra Rayford, Contract Compliance Manager, EDC

State law provides that 5 years after the establishment of a redevelopment plan and every 5 years thereafter, the Council shall hold a public hearing regarding TIF redevelopment plans and projects for the purpose of determining if the plan/project is making satisfactory progress under the proposed time schedule in the plan.

Plan information Developers: UGA, LLC and the City of Kansas City, Missouri Designated as a blighted area Approved by City Council on June 16, 1994 by Ordinance No Financing: City Bonds Final expiration of TIF: June 2027 Plan Objectives: The objective of the Uptown Tax Increment Financing Plan is to revitalize the Broadway corridor with improvements including blight removal, infrastructure improvements, district planning, facility redevelopment, and new construction anchored by the restoration of the Uptown Theater and the redevelopment of the neighboring Valentine Shopping Center, the plan intends to re-establish a cohesive corridor and neighborhood link between Westport and upper Broadway Boulevard.

Number of Project Areas Per Plan 10 Total Project Budget $97,046,780 Total TIF Eligible Budget $30,312,000 Number of Jobs for all projects to date 428 EATs Received Since Inception $1,852,729 PILOTS Received Since Inception $415,134 Total Bond Debt Service Pymts $11,792,957 Initial Assessed Value at time of Plan $1,871,390 Assessed Value as of this Report $2,621,541 The Uptown TIF Plan Numbers

Uptown TIF Site Plan

Project 1A – Uptown Theatre

Project 1a Retail Shops (left) Project 2 Valentine Shopping Center (right)

Project 13 – Walgreen’s