KC Skyline

City Clerk Web Search

Search the Ordinances:

Legislation #: 050192 Introduction Date: 2/24/2005
Type: Resolution Effective Date: none
Sponsor: COUNCILMEMBER NASH AND COUNCILMEMBER MCFADDEN-WEAVER
Title: Directing the City Manager to take the steps necessary to remove the Housing and Economic Development Financial Corporation from any involvement with the 18th _ Vine Development.

Legislation History
DateMinutesDescription
2/18/2005 Filed by the Clerk's office
2/17/2005 Adopted

View Attachments
FileTypeSizeDescription
050192.pdf Authenticated 38K Authenticated

Printer Friendly Version

RESOLUTION NO. 050192

 

Directing the City Manager to take the steps necessary to remove the Housing and Economic Development Financial Corporation from any involvement with the 18th & Vine Development.

 

WHEREAS, the City has received a report from Grant Thornton LLC concerning the operations of the Housing and Economic Development Financial Corporation placing into question the management of HEDFC; and

 

WHEREAS, the City Auditor has presented to the Council his Review of Audits of Outside Agencies dated February 2005 indicating HEDFC has failed to provide current financial audit information, but that its most recent information indicates significant issues; NOW, THEREFORE

 

BE IT RESOLVED BY THE COUNCIL OF KANSAS CITY:

 

That the City Manager is directed to take the steps necessary to remove the Housing and Economic Development Financial Corporation from any involvement with the 18th & Vine Development.

 

_________________________________________________