ORDINANCE NO. 081275

Reducing the Contingent Appropriation of the General Fund in the amount of $150,000.00; increasing the appropriation in Account No. 1000-121460, Development Finance by $150,000.00 to provide consulting services and other appropriate expenses for the Economically Distressed Areas Economic Development Task Force; and recognizing an emergency.

WHEREAS, the City adopted an economic development and incentive policy on September 20, 2007; and

WHEREAS, encouraging economic development activities within economically distressed areas often requires special and unique actions; and

WHEREAS, the Council desires to place a focus directly on the required efforts necessary to provide new economic development activity in economically distressed areas of the City; and

 WHEREAS, by Resolution No. 080890 and Resolution No. 081091 the City established an Economically Distressed Areas Economic Development Task Force; and

WHEREAS the purpose of the Task Force is to obtain the input of the stakeholders in economic development in the community and to develop a plan to encourage the economic development of economically distressed areas of the City, NOW, THEREFORE,

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

Section 1. That the appropriation in the following account of the General Fund is reduced by the following amount.

09-1000-171990-B Contingent Appropriation $150,000.00

Section 2. That the sum of $150,000.00 is appropriated from the Unappropriated Fund Balance of the General Fund to the following account for the purpose of securing consultant or temporary employee services and paying the necessary and reasonable expenses of the Task Force:

09-1000-121460-B Development Finance $150,000.00

Section 3. That this ordinance is recognized as an emergency measure within the provisions of Section 503 of the City Charter in that it appropriates money and shall take effect in accordance with that section.

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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.

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Jeffrey A. Yates

Director of Finance

Approved as to form and legality:

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William Geary

Assistant City Attorney