ORDINANCE NO. 900546

Authorizing the Director of City Development, on behalf of the City of Kansas City, Missouri, to enter into a Cooperative Agreement in the amount of One Hundred Thousand Dollars ($100,000.00) with the Economic Development Corporation for the preparation of a Downtown Hotel Marketing and Financing Study and designating requisitioning authority; reestimating various accounts; appropriating funds and designating the Director of City Development as the requisitioning authority.

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

Section 1. That the Director of City Development, on behalf of the City of Kansas City, Missouri, is hereby authorized to enter into a cooperative agreement, a copy of which agreement is attached hereto in substantial form and incorporated herein by reference, in the amount of One Hundred Thousand Dollars ($100,000.00) with the Economic Development Corporation for the preparation of a Downtown Hotel Marketing and Financing Study. Further, that the City Clerk is hereby directed to cause a copy of said agreement to be recorded in the Office of the Director of Records, Jackson County, and in the Office of the Secretary of State of Missouri.

Section 2. That the revenues in the following accounts of the Convention and Tourism Fund are hereby reestimated in the following additional amounts:

26-35292 Catering Fees $50,000.00 26-35293 Bartle Hall Rentals 50,000.00

Section 3. That the sum of One Hundred Thousand Dollars ($100,000.00) is hereby appropriated from the Unappropriated Fund Balance of the Convention and Tourism Fund, Account No. 36-801, to the following account in the Convention and Tourism Fund:

36-15411-B Downtown Hotel Study $100,000.00

Section 4. That the Director of City Development is hereby designated as requisitioning authority for Account No. 36-15411-B. _____________________________________________

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