Council to discuss proposed Capital Mall TIF


Owners of the Capital Mall are trying to get a TIF and CID established to help pay for $36 million in renovations and repairs. As part of the work, several air conditioning units will need to be replaced.
Owners of the Capital Mall are trying to get a TIF and CID established to help pay for $36 million in renovations and repairs. As part of the work, several air conditioning units will need to be replaced.

It's been discussed for weeks.

On Monday night, Jefferson City's council members get their first official look at the Capital Mall's request for a TIF - tax increment financing - district to make improvements at the nearly 36-year-old shopping center.

Two bills will be introduced and explained near the beginning of Monday's 6 p.m. meeting.

The first would approve the mall's TIF plan, designate a "Redevelopment Area" for the mall, declare the "Proposed Redevelopment Area (as) a Blighted Area" and designate the "Capital Mall JC, LLC," as the redevelopment project's developer.

The second bill would authorize approval of the "Petition For Establishment of (the) Capital Mall Community Improvement District, " including the appointment of the CID's board of directors.

Both bills will be presented to the council by staff consultant Joe Lauber and developer consultant Korb Maxwell.

Staff financial consultant Tom Kaleko also will make a presentation on the first bill, but not the second.

A public hearing will conclude the council's discussion of the second measure.

Interim City Administrator Drew Hilpert told the News Tribune in a Friday afternoon e-mail that no vote will be taken Monday on the mall's TIF proposal. "That will be (during) the next meeting," which is scheduled for Jan. 21, he said.

Background information on the mall's TIF plan, as it was presented to the TIF commission late last year, is available through links on the city's website, www.jeffcitymo.org.

Five other bills also will be introduced during Monday's meeting, with final votes to come at the Jan. 21 meeting or later.

Those proposals include:

• A traffic study agreement with the George Butler and Associates engineering firm of Kansas City, for a study of the traffic volume, patterns and needs for a proposed new interchange at the U.S. 54/Stadium Boulevard/Jefferson Street interchange.

• Zoning code changes to land uses and telecommunications facilities, with public hearings set Jan. 21 for both ordinances.

• Two contracts involving software purchases from New World Systems Corp., Troy, Mich., including improved services for police and fire department operations.

The council will be asked to approve two pending bills: one creating an economic incentives policy, especially involving TIFs, and one making numerous updates to the City Code's Chapter 2, covering the work of the mayor and City Council.

Council members also will be asked to adopt a resolution revising the spending plan for the voter-approved capital improvements sales tax.

The meeting is set to end with a closed session involving personnel issues and contract negotiations.

Hilpert said there would not be any votes about personnel during the closed session.

The council meeting begins at 6 p.m. Monday in City Hall, 320 E. McCarty St.

Upcoming Events