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ORDINANCE NO. 010613
Authorizing a contract
amendment with the Housing and Economic Development Financial Corporation
(HEDFC) decreasing the HOME funding for the Single-Family Homeownership Program
by $1,700,000.00 and decreasing CDBG funding for Housing Development
Program-non-CDC areas by $600,000.00; authorizing an Implementation Agreement
Amendment with HEDFC and the Housing Authority of Kansas City, Missouri,
decreasing the CDBG funds by $500,000.00 and providing $500,000.00 of HOME
funds for the purpose of providing funds for public housing; authorizing a
contract amendment with HEDFC for the Multi-Family Housing Program; and
approving certain amendments to certain Consolidated Plans.
BE IT ORDAINED BY
THE COUNCIL OF KANSAS CITY, MISSOURI
Section 1. That
the Director of the Department of Housing and Community Development is hereby
authorized to execute a contract amendment with the Housing and Economic
Development Financial Corporation, for the Housing Preservation and Development
Loan Programs, decreasing the HOME funding for Single-Family Homeownership by
$1,700,000.00 and decreasing CDBG expenditures for Housing Development
Program-non-CDC areas by $600,000.00, in order to make funds available for the
Multi-Family Housing Program. A copy of the contract amendment, in substantial
form, is attached hereto and is hereby approved.
Section 2. That
the Director of the Department of Housing and Community Development is hereby
authorized to amend the Implementation Agreement with the Housing and Economic
Development Financial Corporation and the Housing Authority of Kansas City,
Missouri, by decreasing the CDBG funds by $500,000.00 and providing $500,000.00
of HOME Funds, for the purpose of providing funds for acquisition of property
and development of housing for public purposes consistent with the Guinotte
Manor Cooperative Agreement to be paid from funds previously appropriated to
Account No. 00-294-055-2136-B, HOME. A copy of the Amended Implementation
Agreement Amendment, in substantial form, is attached hereto and is hereby
approved.
Section 3. That
the Director of the Department of Housing and Community Development is hereby
authorized to execute a contract amendment with the Housing and Economic
Development Financial Corporation for the Multi-Family Housing Program,
increasing the contract amount by $2,800,000.00 for a new total contract amount
of $28,925,589.00, for the purpose of providing funds for loans to be made for
the Multi-Family Loan Program to be paid from funds previously appropriated to
Account Nos. 99-267-055-7205-T, ($500,000.00), Guinotte, and 00-294-055-2136-B,
Homeownership ($1,700,000.00) and authorizes expenditures of $600,000.00 of
loan repayments from HEDFC housing programs. A copy of the contract amendment,
in substantial form, is attached hereto and is hereby approved.
Section 4. That
an amendment to the 1998 Consolidated Plan, decreasing CDBG funding for
Guinotte Manor Scattered Site Housing from $1,155,000.00 to $655,000.00 for
Guinotte Manor Scattered Site Housing, is hereby approved.
Section 5. That
an amendment to the 1999 Consolidated Plan, decreasing HOME funding for
Homebuyer Assistance by $500,000.00 and providing HOME funding for Guinotte
Manor Scattered Site Housing in the amount of $500,000.00, is hereby approved.
Section 6. That
an amendment to the 2000 Consolidated Plan, decreasing HOME funding for
Single-Family Home by $1,700,000.00 and increasing the Multi-Family funding of
HOME funds from $785,000.00 to $2,485,000.00 and decreasing CDBG funding for
Housing Development Programs-Non-CDC areas by $600,000.00 to $830,000.00 and
increasing CDBG funding for Multi-Family Housing by $1,100,000.00, is hereby
approved.
________________________________________________________
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