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Legislation #: 910587 Introduction Date: 5/9/1991
Type: Ordinance Effective Date: 6/2/1991
Sponsor: COUNCILMEMBER COFRAN
Title: Authorizing the Director of City Development to enter into a cooperative agreement on behalf of the City with the Economic Development Corporation of Kansas City in the amount of One Million Three Hundred Thousand Dollars ($1,300,000.00) for the purpose of providing funds for certain development and redevelopment services; and directing the City Clerk to record said agreement.

Legislation History
DateMinutesDescription
5/9/1991

Prepare to Introduce

5/9/1991

Referred Finance Committee

5/15/1991

Do Pass

5/16/1991

Held on Docket City Council

5/23/1991

Passed


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ORDINANCE NO. 910587

 

Authorizing the Director of City Development to enter into a cooperative agreement on behalf of the City with the Economic Development Corporation of Kansas City in the amount of One Million Three Hundred Thousand Dollars ($1,300,000.00) for the purpose of providing funds for certain development and redevelopment services; and directing the City Clerk to record said agreement.

 

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That the Director of City Development Department is hereby authorized to enter into a cooperative agreement on behalf of the City with the Economic Development Corporation of Kansas City, a copy of which agreement in substantial form is attached hereto and made a part hereof, in the amount of One Million Three Hundred Thousand Dollars ($1,300,000.00) for the purpose of providing funds for certain development and redevelopment services from funds heretofore appropriated to account numbers:

 

001-15340B Economic Development Corporation $1,000,000.00 707-15340B Economic Development Corporation 300,000.00

 

Section 2. That the Director of City Development is hereby authorized to expend the sum of $1,300,000.00 from funds heretofore appropriated to Account Nos. 001-15340B and 707-15340B for payment to the Economic Development Corporation of Kansas City for work to be performed under the aforesaid contract.

 

Section 3. That the City Clerk is hereby directed to file a copy of the cooperative agreement in the Office of the Department of Records, Jackson County, Missouri, and in the Office of the Secretary of State of Missouri as required by law.

 

_____________________________________________

 

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.

 

 

___________________________________

Director of Finance

 

Approved as to form and legality:

 

 

 

___________________________________

Assistant City Attorney