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Legislation #: 100769 Introduction Date: 9/9/2010
Type: Ordinance Effective Date: 10/3/2010
Sponsor: None
Title: Authorizing execution of a contract amendment with the Economic Development Corporation of Kansas City and increasing the maximum amount of compensation to $7,046,361 for the provision of special services to the City under the Neighborhood Stabilization Program; and decreasing the salary appropriation and increasing contract appropriations in the Neighborhood Stabilization Program Grant Fund.

Legislation History
DateMinutesDescription
9/9/2010 Filed by the Clerk's office
9/9/2010 Referred to Housing Committee
9/22/2010 Advance and Do Pass, Debate
9/23/2010 Passed

View Attachments
FileTypeSizeDescription
100769.pdf Authenticated 94K AUTHENTICATED
http://kansascity.granicus.com/ViewSearchResults.php?view_id=2&keywords=100769 Video Link 0K http://kansascity.granicus.com/ViewSearchResults.php?view_id=2&keywords=100769
EDC_Year_2_Ord-Budget.xlsx Other 25K Budget
EDC_Amend.GOFS(1).xlsx Fact Sheet 59K Fact Sheet
EDC-fiscal-note.xlsx Other 13K fiscal note

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ORDINANCE NO. 100769

 

Authorizing execution of a contract amendment with the Economic Development Corporation of Kansas City and increasing the maximum amount of compensation to $7,046,361 for the provision of special services to the City under the Neighborhood Stabilization Program; and decreasing the salary appropriation and increasing contract appropriations in the Neighborhood Stabilization Program Grant Fund.

WHEREAS, on July 30, 2008, the U.S. Congress approved the Housing and Economic Recovery Act of 2008 (HERA), to be administered by the U.S Department of Housing and Urban Development (HUD) and appropriated approximately $3.92 billion of emergency assistance for redevelopment of abandoned and foreclosed homes, of which the City received an allocation of $7,323,734.00; and

WHEREAS, Title III of HERA established the Neighborhood Stabilization Program (NSP) which requires that this funding be made available to cities on a formula basis as Community Development Block Grant funds are provided; and

WHEREAS, the City issued Request for Proposals/Qualifications No. EV000673 from entities interested in being named the Neighborhood Stabilization Program Land Bank and Special Services Sub-recipients; and

WHEREAS, the Economic Development Corporation of Kansas City (EDC) was selected as the Sub-recipient to administer activities included in the HUD-approved NSP Amendment to the City One Year Action Plan and the City subsequently entered into a contract for services with EDC in the amount of $6,861,361.00 as authorized by Ordinance No. 090297; and

WHEREAS, the City needs to provide additional compensation to EDC to cover the administrative costs of carrying out eligible NSP activities from October 1, 2010 through September 30, 2011; NOW, THEREFORE,

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

Section 1. That the Director of Housing and Community Development is hereby authorized to amend Contract No. 10006 to increase the maximum amount of compensation that the City may pay the Economic Development Corporation of Kansas City to $7,046,361. A copy of the contract, in substantial form, is on file in the office of the Director of Housing and Community Development and is incorporated herein by reference.

Section 2. That the appropriation in the following account of the Neighborhood Stabilization Grant Fund is hereby decreased by the following amount:

11-2510-555200-A-G55NSP NSP Grant $185,000.00

Section 3. That the appropriation in the following account of the Neighborhood Stabilization Grant Fund is hereby increased by the following amount:

11-2510-555200-B-G55NSP NSP Grant $185,000.00

______________________________________

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:

 

 

Nicole Rowlette

Assistant City Attorney