ORDINANCE NO. 010650
Authorizing the Director
of City Development to enter into a Management Agreement with the 18th and Vine
Authority, in the amount of $774,000.00, from the 18th and Vine Authority
account, for management and operations of the 18th and Vine Project; and
directing the City Clerk to file certain documents with the appropriate
offices.
BE IT ORDAINED BY
THE COUNCIL OF KANSAS CITY:
Section 1. That
the Director of the Department of City Development is hereby authorized to
execute a Management Agreement, on behalf of the City, with the 18th and Vine
Authority, in the amount of $774,000.00, to provide funds for management of the
18th and Vine Project from funds previously appropriated to Account No.
02-100-064-2060-B, 18th and Vine Authority. A copy of the agreement, in
substantial form, is attached hereto and is hereby approved.
Section 2. That
the City Clerk is hereby directed to record a copy of the Management Agreement,
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.
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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