COMMITTEE SUBSTITUTE FOR ORDINANCE NO. 070079

Estimating revenues in the amount of $400,000.00 in the Kansas City Downtown Redevelopment District, Series 2006A Project Fund and appropriating the same to the KC Live Project account; authorizing a $400,000.00 contract contingency increase with J. M. Fahey Construction Company for additional work in connection with the Power & Light District Street Replacement Project Phase 2; authorizing the City Manager to expend up to $400,000.00 from funds previously appropriated for the project; authorizing the Director of Finance to close project accounts upon completion; and recognizing an emergency.

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

Section 1. That the revenue in the following account of Fund No. 3312, Kansas City Downtown Redevelopment District, Series 2006A Project Fund is hereby estimated in the following amount:

 AL-3312-120000-590000 Proceeds from Sale of Bonds $400,000.00

Section 2. That the sum of $400,000.00 is hereby appropriated from the Unappropriated Fund Balance of Fund No. 3312, Kansas City Downtown Redevelopment District, Series 2006A Project Fund to the following account:

 AL-3312-647232-B KC Live Project $400,000.00

Section 3. That the contract contingency for Project No. 870-00-001-01 for the Power & Light District Street Replacement Project Phase 2 with J. M. Fahey Construction Company is increased in the amount of $400,000.00 for additional scope in connection with the Power & Light District Project.

Section 4. That the City Manager is hereby authorized to expend previously appropriated funds up to the amount of $400,000.00 from Account No. AL-3312-647232-B for the aforesaid contract and contingencies.

Section 5. That the Director of Finance is hereby authorized to close project accounts upon project completion and return the unspent portion of the appropriation to the Fund Balance from which it came.

Section 6. That this ordinance, appropriating money and relating to the design, repair, maintenance or construction of a public improvement, is recognized as an emergency measure within the provisions of Section 503 of the City Charter 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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Debra R. Hinsvark

Director of Finance

Approved as to form and legality:

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Nelson V. Munoz

Assistant City Attorney