ORDINANCE NO. 160539
Authorizing
the Director of City Planning and Development to apply for and accept
supplemental funding from the U.S. Environmental Protection Agency to increase
capitalization of the Kansas City Brownfields Revolving Loan Fund; estimating
and appropriating revenue in the amount of $300,000.00 in certain Brownfields
Revolving Loan Funds and authorizing the execution of an amended cooperative
agreement with the U.S. Environmental Protection Agency.
WHEREAS, the City
accepted a Brownfields Cleanup Revolving Loan Fund (“Brownfields RLF”) grant in
2000 from the U.S. Environmental Protection Agency (“EPA”) in the amount of
$500,000.00 as authorized by Ordinance No. 001210; and
WHEREAS, in the
years 2007, 2010, 2012, 2014 and 2015, the City accepted additional
supplemental funding from the EPA to increase capitalization of the Kansas City
Brownfields Revolving Loan Fund; and
WHEREAS, the
Brownfields RLF grant and the Kansas City Brownfields Revolving Loan Fund are
important sources of low-interest, partially-forgivable loan capital that can
be used to finance the cleanup of abandoned and underutilized properties and to
help create jobs and new economic opportunities for economically distressed
communities in Kansas City; and
WHEREAS, the EPA
has offered the City additional supplemental funding in the amount of
$300,000.00 to increase capitalization of the Kansas City Brownfields Revolving
Loan Fund, specifically for hazardous substances cleanups, conditioned upon the
submittal of an application for such funding and the execution of an amendment
to the existing EPA cooperative agreement governing use
of the funds; NOW, THEREFORE,
BE IT ORDAINED BY
THE COUNCIL OF KANSAS CITY:
Section 1. The
Director of the Department of City Planning and Development is authorized to
apply for and accept supplemental Brownfields RLF funding from the EPA in the
amount of $300,000.00.
Section 2. That
the revenue in the following account of the Brownfields Revolving Loan Fund is
estimated in the following amount:
17-2550-640001-476722-G64BRLF Brownfields
Revolving $300,000.00
Loan Grant Fund
Section 3. That
the sum of $300,000.00 is appropriated from the Unappropriated Fund Balance of
the Brownfields Revolving Loan Fund to the following account:
17-2550-645020-B- G64BRLF Brownfields
Revolving $300,000.00
Loan Grant Fund
Section 4. That
the Director of City Planning and Development is authorized to enter into an
amended cooperative agreement with the U.S. Environmental Protection Agency
governing the use of the grant funds. A copy of the amendment, in substantial
form is on file in the office of the Director of City Planning and Development.
_____________________________________________
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:
___________________________________
Matthew Gigliotti
Assistant City Attorney