ORDINANCE NO. 080418
Authorizing execution of a
$395,000.00 Cooperative Agreement with the Economic Development Corporation of Kansas City, Missouri, the Land Clearance for Redevelopment Authority of Kansas City,
Missouri, the Port Authority of Kansas City, Missouri, the Tax Increment
Financing Commission of Kansas City, Missouri, and the Downtown Economic
Stimulus Authority for the purpose of providing funds for certain development
and redevelopment services.
WHEREAS, the
Mayor and Council desire that the Economic Development Corporation of Kansas
City, Missouri, support and coordinate the activities of and provide
professional staff for all of the economic development and redevelopment
agencies operating on behalf of the City including the Land Clearance for
Redevelopment Authority of Kansas City, the Port Authority of Kansas City, the
Tax Increment Financing Commission of Kansas City and the Downtown Economic
Stimulus Authority of Kansas City, Missouri; NOW THEREFORE,
BE IT ORDAINED
BY THE COUNCIL OF KANSAS CITY:
Section 1. That
the Director of the Department of City Development is hereby authorized to
execute a Cooperative Agreement, on behalf of the City, with the Economic
Development Corporation of Kansas City, Missouri, the Land Clearance for
Redevelopment Authority of Kansas City, Missouri, the Port Authority of Kansas
City, Missouri, the Tax Increment Financing Commission of Kansas City,
Missouri, and the Downtown Economic Stimulus Authority of Kansas City,
Missouri, in the amount of $395,000.00 for the purpose of providing funds for
certain development and redevelopment services to be paid from funds previously
appropriated to Account Nos. 09-1000-642000-B, Economic Development Corporation
($345,000.00) and 09-1000-642090-B, Area Development Council ($50,000.00). A
copy of the agreement, 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.
_________________________________
Wanda
Gunter
Acting Director of Finance
Approved as to form and legality:
_________________________________
Heather A. Brown
Assistant City Attorney