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.

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Director of Finance

Approved as to form and legality:

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Assistant City Attorney