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ORDINANCE NO. 040435
Reducing
an appropriation in the amount of $89,384.00 in the Capital Improvements Fund;
appropriating it to the Vine Street District account of the Capital
Improvements Fund; authorizing the City Manager to execute a first amendment to
a Cooperative Agreement with the Housing and Economic Development Finance
Corporation, of Kansas City, Missouri, in the amount of $589,384.00 for the
following projects: Beacon Hill Infrastructure and Vine Street District
Infrastructure; designating requisitioning authority; directing the City Clerk
to file certain documents with the appropriate offices; and declaring an
emergency.
WHEREAS, the City
is desirous of completing infrastructure work associated with the Vine Street
Place housing development project; and
WHEREAS, given
the current over commitment of funds from CDBG sources, the City is desirous of
identifying alternative funding sources to complete the project; NOW,
THEREFORE,
BE IT ORDAINED BY
THE COUNCIL OF KANSAS CITY:
Section
1. That the appropriation in the following account of the Capital
Improvements Fund is hereby reduced by the following amount for the purpose for
streetscape improvements for the Vine Street District, generally located along
Vine Street from the KCTR tracks to 24th Street.
04-309-089-6300-T Special Projects-CD3
$ 89,384.00
Section
2. That the sum of $89,384.00 is hereby appropriated from the Unappropriated
Fund Balance of the Capital Improvements Fund to the following account in the
Capital Improvements Fund for the purpose of completing public improvements
associated within the Vine Street Place housing development.
04-309-055-6700-T Vine Street District
$ 89,384.00
Section
3. That the City Manager, on behalf of the City, is hereby authorized to
execute a first amendment to a Cooperative Agreement, Contract No. 2002-139,
with the Housing and Economic Development Finance Corporation. A copy of said
First Amendment to Cooperative Agreement No. 2002-139, in substantial form, is
attached hereto and is hereby approved in an amount not to exceed $589,384.00
from funds previously allocated to the following accounts:
04-309-055-7307-T Beacon Hill
Infrastructure $500,000.00
04-309-055-6700-T Vine Street District
89,384.00
TOTAL $589,384.00
Section
4. That $184,330.37 previously encumbered for the Vine Street Streetscape
instead be allocated for public infrastructure improvements generally located
from 20th to 22nd Street and
Brooklyn,
from funds previously encumbered in Account No. 03-309-055-6700-T.
Section
5. That the City Manager is hereby designated as requisitioning authority for
Account Nos. 04-309-055-6300 and 04-309-055-7307.
Section
6. That the City Clerk is hereby directed to file a copy of the first
Amendment to Cooperative Agreement No. 2002-139, together with a copy of this
ordinance, in the office of the Department of Records of Jackson County,
Missouri, and to file a copy with the Secretary of State of Missouri.
Section
7. This ordinance, making provision for the current expenses of the municipal
government, is recognized as an emergency measure within the provisions of
Section 15, Article II of the Charter of Kansas City, and shall take effect in
accordance with that section.
_____________________________________________
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.
___________________________________
Wanda
Gunter
Acting
Director of Finance
Approved
as to form and legality:
___________________________________
Nelson
V. Muňoz
Assistant
City Attorney