SECOND COMMITTEE SUBSTITUTE FOR ORDINANCE NO. 040994
Authorizing a contract up
to $950,000.00 with the Industrial Development Authority of The City of Kansas
City, Missouri for the demolition of the Seven Oaks Apartments in the Oak
Pointe Planned Industrial Expansion Authority Area and recognizing an emergency.
WHEREAS, the
Council finds that this ordinance is necessary for the immediate preservation
of public peace, health and safety as the area requires immediate alteration to
prevent crime and cure blight; NOW, THEREFORE,
BE IT ORDAINED BY
THE COUNCIL OF KANSAS CITY:
Section 1. That
the Director of City Development, on behalf of the City of Kansas City,
Missouri, is hereby authorized to enter into and execute a up to $950,000.00
contract with the Industrial Development Authority of The City of Kansas City,
Missouri, which is on file in the office of the Director of City Development
and is incorporated herein by reference, for the purpose of providing
activities for the demolition of the Seven Oaks Apartments in the Oak Pointe
Planned Industrial Expansion Authority Area and related expenses from funds
previously appropriated to the following account:
05-2940-552149-B Vineyard Multi-Family $950,000.00
Section 2. That
the Council hereby states that the approval of this contract shall not be construed
as conferring any development rights upon Oak Pointe Property, L.P. for the Oak
Pointe Planned Industrial Expansion Authority Area.
Section 3. That
this ordinance is recognized as an emergency measure within the provisions of
Section 15, Article II of the Charter of Kansas City, and shall take effect in
accordance with Section 15.
_____________________________________________
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.
___________________________________
Wanda
Gunter
Acting
Director of Finance
Approved
as to form and legality:
___________________________________
Heather
A. Brown
Assistant
City Attorney