COMMITTEE SUBSTITUTE FOR ORDINANCE NO. 021438
Authorizing
the Director of the Department of Housing and Community Development to execute
a Cooperative Agreement with the Housing and Economic Development Finance
Corporation, of Kansas City, Missouri, in the amount of $1,568,989.00 for the
following projects: Beacon Hill Infrastructure, Vine Street District and Little
Sisters of the Poor Infrastructure; designating requisitioning authority; and
directing the City Clerk to file certain documents with the appropriate
offices.
BE
IT ORDAINED BY THE COUNCIL OF KANSAS CITY, MISSOURI,
Section
1. That the Director of the Department of Housing and Community Development,
on behalf of the City, is hereby authorized to execute a Cooperative Agreement
with the Housing and Economic Development Finance Corporation in the following
amounts:
- $1,000,000.00
for public improvements for the Beacon Hills Housing Development, from funds
previously appropriated to Account No. 03-309-055-7307-T and
- $338,989.00 for
public improvements for the Vine Street District, generally located along Vine
Street from the Terminal Tracks to 24th Street, from funds previously
appropriated to Account No. 03-309-055-6700-T.
Section
2. That the appropriation in the following account of the Capital Improvement
Fund is hereby reduced by the following amount.
03-309-089-6503-T Special
Projects-CD5 $230,000.00
Section
3. That the sum of $230,000.00 is hereby appropriated form the Unappropriated
Fund Balance of the Capital Improvement Fund to the following account in the
Capital Improvement Fund:
03-309-055-6503-T Little
Sisters of the Poor Infrastructure $230,000.00
A
copy of said Cooperative Agreement, in substantial form, is attached hereto and
is hereby approved.
Section
4. That the Director of Housing and Community Development is hereby designated
as requisitioning authority for Account No. 03-309-055-6503.
Section
5. That the City Clerk is hereby directed to file a copy of said Cooperative
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.
_____________________________________________
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