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Legislation #: 100908 Introduction Date: 10/21/2010
Type: Ordinance Effective Date: 10/28/2010
Sponsor: COUNCILMEMBER MARCASON
Title: Authorizing a $1,705,000.00 First Addendum to the Cooperative Agreement for the Implementation of Certain Improvements Described by the Southtown Corridor/31st _ Baltimore Tax Increment Financing Plan for Project No. 89008183 –Main Street Streetscape Plan; and recognizing an emergency.

Legislation History
DateMinutesDescription
10/22/2010 Filed by the Clerk's office
10/21/2010 Referred to Transportation and Infrastructure Committee
10/28/2010 Advance and Do Pass as a Committee Substitute, Debate
10/28/2010 Passed as Substituted

View Attachments
FileTypeSizeDescription
100908.pdf Authenticated 68K AUTHENTICATED
Other 0K NEED FINANCE SIGNATURE
revised fact sheet.xlsx Advertise Notice 26K fact sheet

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COMMITTEE SUBSTITUTE FOR ORDINANCE NO. 100908

 

Authorizing a $1,705,000.00 First Addendum to the Cooperative Agreement for the Implementation of Certain Improvements Described by the Southtown Corridor/31st & Baltimore Tax Increment Financing Plan for Project No. 89008183 –Main Street Streetscape Plan; and recognizing an emergency.

 

 WHEREAS, the City has previously expressed its support to cooperate with the Tax Increment Financing Commission of Kansas City, Missouri and Main Street Corridor Development Corporation, for the design of Project I Streetscape Improvements; and

 

WHEREAS, the parties desire to initiate steps to provide for the payment of costs associated with designing and extending Project I Streetscape to 34th Street; NOW, THEREFORE,

 

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That the City Manager is hereby authorized and directed to execute a First Addendum to Cooperative Agreement for Implementation of Certain Improvements Described by the Southtown Corridor/31st & Baltimore Tax Increment Financing Plan, on behalf of the City, with Tax Increment Financing Commission of Kansas City and the Main Street Corridor Development Corporation, in the amount of $1,705,000.00 from funds previously appropriated to the accounts listed in Section 2 for the purpose of designing and constructing streetscape improvements and extending such improvements to 34th Street. A copy of the First Addendum to “Cooperative Agreement for the Implementation of Certain Improvements Described by the Southtown Corridor/31st & Baltimore Tax Increment Financing Plan,” in substantial form, is attached hereto and is hereby approved.

 

Section 2. That the Director of Public Works is authorized to expend the sum of $1,705,000.00 from the following funds:

 

AL-3397-898401-B-89008183 Main St Streetscape $1,030,000.00

11-3090-898401-B-89008183 Main Street Streetscape 475,000.00

11-3090-898014-B-89008183 Main Street Streetscape 200,000.00

TOTAL $1,705,000.00

 

Section 3. That this ordinance is recognized as an emergency measure within the provisions of Section 503(3)(D) of the City Charter in that it relates to a contract for the design and construction of a public improvement, and shall take effect in accordance with that section.

 

_____________________________________________

 


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:

 

 

  ________________________________

Brian Rabineau

Assistant City Attorney