COMMITTEE SUBSTITUTE FOR ORDINANCE NO. 910268
Authorizing the expenditure of funds for costs associated
with acquisition and improvements of property for the Martin Luther King
Village project, in the amount of Three Hundred Seventy Thousand Dollars
($370,000.00); authorizing the Director of City Development, on behalf of the
City, to amend a cooperative agreement with the Land Clearance for
Redevelopment Authority for a total agreement amount of One Hundred Eighty-Two
Thousand Seven Hundred Dollars ($182,700.00).
BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:
Section 1. That the appropriations in the following
accounts of the Capital Improvements Fund are hereby reduced by the following
amounts:
9-40794T Economic Redevelopment
$152,800.00 9-40911T Curbs and Sidewalks -- CD 3
217,200.00 TOTAL $370,000.00
Section 2. That the sum of $250,000.00 is hereby
appropriated from the Unappropriated Fund Balance of the Capital Improvements
Fund, Account No. 9-801, to the following accounts in the Capital Improvements
Fund:
9-15730T Martin Luther King Village
$152,800.00 9-15731T Martin Luther King Village -- 217,200.00
CD 3
TOTAL
$370,000.00
Section 3. That the Director of City Development is
hereby designated as the requisitioning authority for Account Nos. 9-15730 and
9-15731.
Section 4. That the Director of City Development is
hereby authorized, on behalf of the City, to amend a cooperative agreement with
the Land Clearance for Redevelopment Authority, a copy of which in substantial
form is attached hereto and made a part thereof, in the amount of Thirty-Seven
Thousand Dollars ($37,000.00) to add an additional One Hundred Eighty-Two
Thousand Seven Hundred Dollars ($182,700.00) for the purpose of acquisition of
certain property for the Martin Luther King Village project, for a total
agreement amount of Two Hundred Nineteen Thousand Seven Hundred Dollars
($219,700.00), with monies from the following accounts:
9-15730-T Martin Luther King Village
$152,800.00 9-15731-T Martin Luther King Village - 29,900.00
CD 3
TOTAL
$182,700.00
Section 5. Further, the City Clerk is directed to
cause a copy of said amended agreement to be recorded in the Office of the
Director of Records, Jackson County, Missouri and in the Office of the
Secretary of State.
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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.
___________________________________
Director of Finance
Approved as to form and
legality:
___________________________________
Assistant City Attorney