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Legislation #: 950764 Introduction Date: 6/1/1995
Type: Ordinance Effective Date: 6/18/1995
Sponsor: None
Title: Authorizing a $1,600,000.00 contract with the Housing Development Corporation and Information Center, Inc., for the purpose of providing Section 108 loan funds for the Pendleton Heights Housing Project.

Legislation History
DateMinutesDescription
6/1/1995

Prepare to Introduce

6/1/1995

Referred Plans And Zoning Committee

6/7/1995

Advance and Do Pass

6/8/1995

Passed


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ORDINANCE NO. 950764

 

Authorizing a $1,600,000.00 contract with the Housing Development Corporation and Information Center, Inc., for the purpose of providing Section 108 loan funds for the Pendleton Heights Housing Project.

 

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That the Director of the Department of Housing and Community Development is hereby authorized to execute a contract with the Housing Development Corporation and Information Center, Inc., in the amount of $1,600,000.00, for the purpose of providing Section 108 loan funds for the development of the Pendleton Heights Housing Project, to be paid from funds previously appropriated to Account No. 95-254-055-2426-B, Pendleton Heights - HUD Loan. A copy of the contract, in substantial form, is attached hereto and is hereby approved.

 

_____________________________________________

 

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.

 

 

___________________________________

Director of Finance

 

 

Approved as to form and legality:

 

 

 

___________________________________

Assistant City Attorney