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Legislation #: 180699 Introduction Date: 9/13/2018
Type: Ordinance Effective Date: 9/28/2018
Sponsor: None
Title: Estimating revenue in the amount of $386,245.62 and appropriating $474,162.62 in the Kansas City Brownfields Revolving Loan Fund; and designating requisitioning authority; and recognizing this ordinance as having an accelerated effective date.

Legislation History
DateMinutesDescription
9/11/2018 Filed by the Clerk's office
9/13/2018 Referred to Planning, Zoning & Economic Development Committee
9/19/2018 Hold On Agenda (9/26/2018)
9/26/2018 Advance and Do Pass as a Committee Substitute, Debate
9/27/2018 Passed as Substituted

View Attachments
FileTypeSizeDescription
180699.pdf Authenticated 73K Authentication
Fiscal Note (Brownfields Program Income) (1).pdf Fiscal Note 65K Fiscal Note
Fact Sheet (Brownfields Program Income) (1).pdf Fact Sheet 130K Fact Sheet
Approp Worksheet (Brownfields Program Income).pdf Other 16K Appropriations

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COMMITTEE SUBSTITUTE FOR ORDINANCE NO. 180699

 

Estimating revenue in the amount of $386,245.62 and appropriating $474,162.62 in the Kansas City Brownfields Revolving Loan Fund; and designating requisitioning authority; and recognizing this ordinance as having an accelerated effective date.

WHEREAS, the City administers a brownfields program in the Department of City Planning and Development consisting of various brownfield grants awarded by the U.S. Environmental Protection Agency (“EPA”) for the assessment and cleanup of contaminated properties, including a brownfields revolving loan fund grant; and

 

WHEREAS, certain program income generated by the brownfields program in the form of loan repayments, credits, refunds, and accrued interest has been received and collected in cash-restricted, interest bearing accounts, in accordance with federal grant management regulations; and

 

WHEREAS, such program income is intended to support the brownfields program and redevelopment projects that seek brownfield assistance to the extent permitted by the applicable federal regulations and the terms and conditions of the relevant EPA federal cooperative agreements; NOW, THEREFORE,

 

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That revenue in the following accounts of the Brownfields Revolving Fund is estimated in the following amounts:

 

19-2550-640001-458120-G64BRLFPI Program Income $377,998.80

19-2550-640001-460000-G64BRLFPI Interest on Investments 8,246.82

TOTAL $386,245.62

 

Section 2. That the amount of $386,245.62 is appropriated from the Unappropriated Fund Balance of the Brownfields Revolving Fund to the following account:

 

19-2550-642050-B-G64BRLFPI Brownfield Federal Grants $386,245.62

 

Section 3. That the amount of $87,917.00 is appropriated from the Unappropriated Fund Balance of the Brownfields Revolving Fund to the following account:

 

19-2550-641000-B Brownfield Federal Grants $ 87,917.00

 

Section 4. That the Director of City Development is designated as requisitioning authority for Account No. 19-2550-642050 and 19-2550-641000

 

Section 5. That this ordinance, appropriating money, is recognized as an ordinance with an accelerated effective date as provided by Section 503(a)(3)(C) of the City Charter and shall take effect in accordance with Section 503, City Charter.

 

____________________________________

 

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:

 

 

______________________________

Katherine Chandler

Assistant City Attorney