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Legislation #: 120823 Introduction Date: 9/20/2012
Type: Resolution Effective Date: 10/14/2012
Sponsor: None
Title: Amending the 2010 One Year Action Plan and authorizing submittal of a Substantial Amendment to the U.S. Department of Housing and Urban Development (“HUD”) for its consideration in order to expand the area and amend the budget for the Neighborhood Stabilization Program-3 funding received under the Wall Street Reform and Consumer Protection Act of 2010.

Legislation History
DateMinutesDescription
9/18/2012 Filed by the Clerk's office
9/20/2012 Referred to Planning, Zoning & Economic Development Committee
9/26/2012 Be Adopted
9/27/2012 Assigned to Third Read Calendar
10/4/2012 Adopted

View Attachments
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120823.pdf Authenticated 795K Authenticated
120823 Fact Sheet.xls Fact Sheet 142K Fact Sheet

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RESOLUTION NO. 120823

Amending the 2010 One Year Action Plan and authorizing submittal of a Substantial Amendment to the U.S. Department of Housing and Urban Development (“HUD”) for its consideration in order to expand the area and amend the budget for the Neighborhood Stabilization Program-3 funding received under the Wall Street Reform and Consumer Protection Act of 2010.

WHEREAS, on July 21, 2010, Congress enacted Public Law 111-203, the Wall Street Reform and Consumer Protection Act of 2010, which through Section 1497 allocated additional funds for the third round of the Neighborhood Stabilization Program (NSP) previously established by Section 2301(b) of the Housing and Economic Recovery Act of 2008 (Public Law 110-289); and

  WHEREAS, the City of Kansas City, Missouri, has been allocated $1,823,888.00 in funding from HUD to be used toward eligible activities under NSP; and

WHEREAS, in order to provide funding for the demolition of abandoned and foreclosed properties including the dilapidated Horace Mann School, the City must amend its application for NSP-3 funding which was approved by Council through Resolution No. 110116 and submit said Substantial Amendment to HUD for its consideration; NOW, THEREFORE,

BE IT RESOLVED BY THE COUNCIL OF KANSAS CITY:

Section 1. That the Substantial Amendment to the 2010 Action Plan prepared pursuant to the Wall Street Reform and Consumer Protection Act of 2010, a copy of which, in substantial form, is on file in the Neighborhood and Housing Services Department and is incorporated herein by reference, is hereby approved.

Section 2. That the City Manager, on behalf of the City of Kansas City, Missouri, is hereby authorized to execute and submit the aforesaid Substantial Amendment to the United States Department of Housing and Urban Development.

Section 3. That the City Council hereby certifies that said Substantial Amendment has been prepared pursuant to and in accordance with the Wall Street Reform and Consumer Protection Act of 2010, as well as with U.S. Department of Housing and Urban Development’s standard rules and regulations pertaining to the use of Community Development Block Grant funds.

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