ORDINANCE NO. 991223

Reducing the appropriation by the sum of $160,000.00 in the BRW Corridor account of the Community Development Fund - Year 18; appropriating it to the 18th & Vine-Public Improvements account; reducing the appropriation by the sum of $150,635.00 in the Construction Division account of the Sewer Fund; appropriating it to the 18th & Vine Public Improvements account; designating requisitioning authority; and authorizing execution of a $310,635.00 Cooperative Agreement with the Planned Industrial Expansion Authority of Kansas City, Missouri, for the installation of storm sewers in the 18th and Vine area.

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

Section 1. That the appropriation in the following account of the Community Development Fund - Year 18 is hereby reduced by the following amount:

92-261-055-1031-B BRW Corridor $160,000.00

Section 2. That the sum of $160,000.00 is hereby appropriated from the Unappropriated Fund Balance of the Community Development Fund - Year 18, Fund No. 261, to the following account in said Fund:

00-261-055-7310-T 18th & Vine-Public Improvements $160,000.00

Section 3. That the appropriation in the following account of the Sewer Fund is hereby reduced by the following amount:

00-811-080-7726-T Construction Division $150,635.00

Section 4. That the sum of $150,635.00 is hereby appropriated from the Unappropriated Fund Balance of the Sewer Fund to the following account in said Fund:

00-811-055-7310-T 18th & Vine Public Improvements $150,635.00

Section 5. That the Director of the Department of Housing and Community Development is hereby designated as requisitioning authority for Account Nos. 00-261-055-7310-T and 00-811-055-7310-T.

Section 6. That the Director of the Department of Housing and Community Development is hereby authorized to execute a Cooperative Agreement with the Planned Industrial Expansion Authority of Kansas City, Missouri, in the amount of $310,635.00, for the purpose of providing funds for the installation of storm sewers in the 18th and Vine area to be paid from funds herein appropriated to Account No. 00-261-055-7310-T, 18th & Vine-Public Improvements ($160,000.00) and Account No. 00-811-055-7310-T, 18th & Vine Public Improvements ($150,635.00). A copy of the Cooperative Agreement, in substantial form, is attached hereto and is hereby approved.

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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