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Legislation #: 100094 Introduction Date: 2/4/2010
Type: Ordinance Effective Date: 11/2/2009
Sponsor: None
Title: Accepting supplemental funding from the U.S. Environmental Protection Agency and the American Recovery and Revitalization Act (ARRA) to increase capitalization of the Kansas City Brownfield Revolving Loan Fund; estimating revenue and appropriating it in the amount of $2,086,267.00 in the Brownfield Revolving Loan Fund; reducing revenue in the General Fund in the amount of $926,267.00; reducing appropriations in the General Fund in the amount of $926,267.00; and authorizing the Director of City Development to enter into an amended cooperative agreement with the U.S. Environmental Protection Agency.

Legislation History
DateMinutesDescription
2/2/2010 Filed by the Clerk's office
2/4/2010 Referred to Planning, Zoning & Economic Development Committee
2/24/2010 Hold Off Agenda
1/18/2012 Release
1/19/2012 Released

View Attachments
FileTypeSizeDescription
Brownfield Revolving Loan Fiscal Note.xls Fiscal Note 52K Fiscal Note
Brownfield Revolving Loan Approp Admin.xls Other 49K Appro/Admin Worksheet
General Ordinance Fact Sheet v2.doc Fact Sheet 69K Fact Sheet

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ORDINANCE NO. 100094

 

Accepting supplemental funding from the U.S. Environmental Protection Agency and the American Recovery and Revitalization Act (ARRA) to increase capitalization of the Kansas City Brownfield Revolving Loan Fund; estimating revenue and appropriating it in the amount of $2,086,267.00 in the Brownfield Revolving Loan Fund; reducing revenue in the General Fund in the amount of $926,267.00; reducing appropriations in the General Fund in the amount of $926,267.00; and authorizing the Director of City Development to enter into an amended cooperative agreement with the U.S. Environmental Protection Agency.

WHEREAS, the City accepted a Brownfields Cleanup Revolving Loan Fund (“Brownfield RLF”) grant in 2000 from the U.S. Environmental Protection Agency (“EPA”) in the amount of $500,000.00 and entered into EPA Cooperative Agreement No. BL-99791601 as authorized by Ordinance No. 001210; and 

WHEREAS, the City in 2007 accepted supplemental funding from the EPA in the amount of $500,000.00 to increase capitalization of the Kansas City Brownfields Revolving Loan Fund as authorized by Ordinance No. 070894; and

WHEREAS, the Brownfield RLF grant is an important source of low-interest, partially-forgivable loan capital that can be used to finance the cleanup of abandoned and underutilized properties to help create jobs and new economic opportunities for economically distressed communities in Kansas City; and 

WHEREAS, the City in 2009 submitted to EPA an application for additional RLF Supplemental Funding and another application for additional RLF Supplemental Funding from the American Recovery and Revitalization Act (ARRA) in response to two EPA invitations to certain cooperative agreement recipients of RLF grants; NOW, THEREFORE,

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

Section 1. That the Director of the Department of City Development is authorized to accept Supplemental RLF Funding from the EPA in the amount of $600,000.00 and to enter into an amendment of EPA Cooperative Agreement No. BF-97700901 accordingly. 

Section 2. That the Director of the Department of City Development is authorized to accept ARRA Supplemental RLF Funding from the EPA in the amount of $560,000.00 and to enter into EPA Cooperative Agreement No. 2B-97708801 accordingly. 

Section 3. That revenue in the following account of the General Fund is reduced by the following amount:

10-1000-640001-G64BRLF-476722 Brownfield Revolving Loan $ 926,267.00

Section 4. That the appropriation in the General Fund is reduced by the following amount:

10-1000-645020-B-G64BRLF Brownfield Revolving Loan $ 926,267.00

Section 5. That revenue in the following accounts of the Brownfield Revolving Loan Fund is estimated in the following amounts:

 

10-2550-640001-476722-G64BRLF Brownfield Revolving Loan $1,526,267.00

10-2550-640001-476722-G64BRLFST ARRA Brwnfld Revolving Loan 560,000.00

TOTAL $2,086,267.00

 

Section 6. That the sum of $2,086,267.00 is appropriated from the Unappropriated Fund Balance of the Revolving Loan Fund to the following accounts:

 

10-2550-645020-B- G64BRLF Brownfield Revolving Loan Fund Grant $1,526,267.00

10-2550-645020-A-G64BRLFST ARRA Brwnfld Revolving Loan 12,000.00

10-2550-645020-B-G64BRLFST ARRA Brwnfld Revolving Loan 542,600.00

10-2550-645020-C-G64BRLFST ARRA Brwnfld Revolving Loan 5,400.00

TOTAL $2,086,267.00

 

Section 7. That the Director of City Development is designated as requisitioning authority for Account No. 10-2550-645020.

 

_____________________________________________

 

I hereby certify that there is a balance, otherwise unencumbered, to the credit of the appropriation to which the foregoing expenditure is to be charged, and a cash balance, otherwise unencumbered, in the treasury, to the credit of the fund from which payment is to be made, each sufficient to meet the obligation hereby incurred.

 

 

___________________________________

Randall J. Landes

Director of Finance

 

Approved as to form and legality:

 

 

___________________________________

Matthew Gigliotti

Assistant City Attorney