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Legislation #: 120520 Introduction Date: 6/7/2012
Type: Ordinance Effective Date: 6/24/2012
Sponsor: COUNCILMEMBER CIRCO AND COUNCILMEMBER BROOKS
Title: Amending Ordinance No. 120348 by repealing Section 2 and enacting in its place new Section 2; approving and authorizing the Director of City Development to enter into a subgrant agreement with the Tax Increment Financing Commission of Kansas City, Missouri, to fund authorized abatement activities at the 63rd and Prospect Redevelopment Project site located in the vicinity northwest of 63rd Street and Prospect Avenue, Kansas City, Missouri, in an amount not to exceed $500,000.00; and to provide the required local cost share in a total amount not to exceed $188,000.00 from previously appropriated funds.

Legislation History
DateMinutesDescription
6/5/2012 Filed by the Clerk's office
6/7/2012 Referred to Planning, Zoning & Economic Development Committee
6/13/2012 Advance and Do Pass, Debate
6/14/2012 Passed

View Attachments
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120520.pdf Authenticated 1376K Authenticated
http://kansascity.granicus.com/ViewSearchResults.php?view_id=2&keywords=120520 Video Link 0K http://kansascity.granicus.com/ViewSearchResults.php?view_id=2&keywords=120520
120520 Revised Fact Sheet.docx Fact Sheet 27K Revised Fact Sheet
120520 Fiscal Note.xls Fiscal Note 51K Fiscal Note
General Ordinance Fact Sheet (63rd Prospect Cost Share Increase).docx Fact Sheet 25K Fact Sheet

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ORDINANCE NO. 120520

 

Amending Ordinance No. 120348 by repealing Section 2 and enacting in its place new Section 2; approving and authorizing the Director of City Development to enter into a subgrant agreement with the Tax Increment Financing Commission of Kansas City, Missouri, to fund authorized abatement activities at the 63rd and Prospect Redevelopment Project site located in the vicinity northwest of 63rd Street and Prospect Avenue, Kansas City, Missouri, in an amount not to exceed $500,000.00; and to provide the required local cost share in a total amount not to exceed $188,000.00 from previously appropriated funds.

WHEREAS, Ordinance No. 120348 approved a subgrant in the amount of $500,000.00 from the Kansas City Brownfield Revolving Loan Fund (Kansas City BRLF) program to the Tax Increment Financing Commission of Kansas City, Missouri (the “TIF Commission) to abate asbestos and remove debris from properties owned by the TIF Commission within the 63rd and Prospect Redevelopment Project area; and

  WHEREAS, a subgrant to the TIF Commission is subject to a local cost share of 20% as required by the revolving loan fund grant, Federal Cooperative Agreement No. 2B-97700901, and the City has appropriated sufficient funds for the 63rd and Prospect Redevelopment Project to meet the required local cost share; NOW, THEREFORE,

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

Section 1. That Ordinance No. 120348 is hereby amended by repealing Section 2 and enacting a new Section 2 in its place to read as follows:

 

Section 2. That upon satisfaction of the pre-contractual requirements in Section 1 above, the Director of City Development is hereby authorized to enter into a subgrant agreement with the TIF Commission to subgrant funds from the Kansas City BRLF in an amount not to exceed $500,000.00 and to provide the required local cost share in a total amount not to exceed $100,000.00, and an additional amount of $88,000.00 to off-set the waiver of the required local cost share for the subgrant governing the abatement of the Horace Mann School together with related contractual services, all for the authorized abatement activities from the 63rd and Prospect Redevelopment Project Site, and all from funds previously appropriated to the following accounts:

 

13-2550-645020-B-G64BRLF EPA Brownfields Grant $ 500,000.00

AL-3430-648045-B-64008045 63rd & Prospect

Redevelopment $188,000.00

TOTAL $688,000.00

 

A copy of the agreement, in substantial form, is on file with the office of the Director of City Development.

 

_____________________________________________

 

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