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Legislation #: 101042 Introduction Date: 12/9/2010
Type: Ordinance Effective Date: 12/26/2010
Sponsor: COUNCILMEMBER HERMANN
Title: Authorizing the Director of Public Works to execute a Cooperative Agreement with the Tax Increment Financing Commission in the amount of $803,039.00 for the replacement of the N.E. 76th Street Box Culvert west of N. Flintlock Road and authorizing the Director of Public Works to expend funds for the contract. 

Legislation History
DateMinutesDescription
12/9/2010 Filed by the Clerk's office
12/9/2010 Referred to Transportation and Infrastructure Committee
12/16/2010 Advance and Do Pass, Debate
12/16/2010 Passed

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agreement.pdf Advertise Notice 795K agreement
101042.pdf Authenticated 67K AUTHENTICATED
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fact sheet.xls Advertise Notice 83K fact sheet

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ORDINANCE NO. 101042

Authorizing the Director of Public Works to execute a Cooperative Agreement with the Tax Increment Financing Commission in the amount of $803,039.00 for the replacement of the N.E. 76th Street Box Culvert west of N. Flintlock Road and authorizing the Director of Public Works to expend funds for the contract. 

WHEREAS, the City desires to replace the N.E. 76th Street Box Culvert west of N. Flintlock Road; and

WHEREAS, the box culvert replacement will cost an estimated $1,858,039.00 with $1,055,000.00 to be provided by Tax Increment Financing and $803,039.00 from the Capital Improvement Sales Tax Fund; and

WHEREAS, pursuant to the Real Property Tax Increment Financing Allocation Act, Section 99.800, RSMo, 1988, et seq., as amended (“Act”), on November 10, 1994, the City Council of Kansas City, Missouri, by way of Ordinance No. 941443, approved the Shoal Creek Parkway Tax Increment Financing Plan, which has been amended from time to time (the “Plan”) and designated the area described therein as a redevelopment area, pursuant to the Act (the “Redevelopment Area”); and

WHEREAS, the Plan provides, among other things, for certain improvements within and adjacent to the Redevelopment Area, and specifically improvements to N.E. 76th Street; and

WHEREAS, the Commission desires to receive the City’s Contribution and deposit it into an account dedicated for the purpose of reimbursing the Project Costs, which have been certified by the Commission; NOW, THEREFORE,

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

Section1. That the Director of Public Works is hereby authorized enter into and execute, Agreement No. CS110085, between the Tax Increment Financing Commission and the City of Kansas City, a Missouri municipality, related to the replacement of the N.E. 76th Street Box Culvert west of N. Flintlock Road. The agreement, in substantial form, is on file in the office of the Director of Public Works.

Section 2. That the Director of Public Works is hereby authorized to expend an amount not to exceed $803,039.00 from funds previously appropriated to Account No. 11-3090-898031-B-89005476 as and for the City's share of the cost of the aforesaid Agreement No CS110085.

_____________________________________________ 

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 T. Rabineau

Assistant City Attorney