ORDINANCE NO. 940226

Appropriating $681,588.70 from the Tax Increment Financing Special Allocation Fund for the repayment of expenses associated with the following Tax Increment Financing Projects and designating requisitioning authority.

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

Section 1. That the revenue in the following accounts of the Tax Increment Financing Special Allocation Fund is hereby estimated in the following amounts:

94-515-012-5036 Real Estate Tax Increment - City $ 18,406.67 West 46th Street Terrace

94-515-012-5044 Real Estate Tax Increment - County 78,610.42 West 46th Street Terrace

94-515-012-5038 Real Estate Tax Increment - City 436.19 Linwood-Gillham

94-515-012-5073 Real Estate Tax Increment - County 2,842.28 Linwood-Gillham

94-515-012-5037 Real Estate Tax Increment - City 39,832.80 Walnut Creek

94-515-012-5047 Real Estate Tax Increment - County 175,072.80 Walnut Creek

94-515-012-5076 Real Estate Tax Increment - City 34,560.36 Briarcliff West

94-515-012-5077 Real Estate Tax Increment - County 103,846.58 Briarcliff West

94-515-012-5080 Real Estate Tax Increment - City 14,490.71 Winchester Center

94-515-012-5081 Real Estate Tax Increment - County 70,642.29 Winchester Center

94-515-012-5088 Real Estate Tax Increment - City 22,982.76 Universal

94-515-012-5089 Real Estate Tax Increment - County 119,264.84 Universal

94-515-012-6000 Interest on Investments 600.00 TOTAL $681.588.70

Section 2. That the sum of $681,588.70 is hereby appropriated from the Unappropriated Fund Balance of the Tax Increment Financing Special Allocation Fund to the following accounts in the Tax Increment Financing Special Allocation Fund:

94-515-012-2500B TIF Project Cost $ 97,102.57 West 46th Street Terrace

94-515-012-2501B TIF Project Cost 3,281.36 Linwood-Gillham

94-515-012-2508B TIF Project Cost 85,208.00 Winchester

94-515-012-2505B TIF Project Cost 142,372.93 Universal

94-515-012-2502B TIF Project Cost 215,094.95 Walnut Creek

94-515-012-2507B TIF Project Cost 138,528.89 Briarcliff

TOTAL $681,588.70

Section 3. That the Director of Finance is hereby designated as the requisitioning authority for Account Nos. 94-515-012-2500; 94-515-012-2501; 94-515-012-2508; 94-515-012-2505; 94-515-012-2502; and 94-515-012-2507.

Section 4. That this ordinance, making provisions for the current expenses of municipal government, is recognized as an emergency measure within the provisions of Section 15, Article II and is effective immediately upon passage.

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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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Director of Finance

Approved as to form and legality:

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Acting City Attorney