ORDINANCE NO. 931261
Estimating revenue in the amount of $1,071,000.00 in
Account No. 294-055-7688; appropriating the sum of $1,071,000.00 to Account No.
294-055-2129B; designating requisitioning authority; and authorizing a
$1,071,000.00 contract with the Rehabilitation Loan Corporation for the purpose
of administering the Supplemental Flood HOME Program.
BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:
Section 1. That the revenue in the following
account of the HOME Investment Fund is hereby estimated in the following
294-055-7688 HOME Investment Grant Flood
Section 2. That the sum of $1,071,000.00 is hereby
appropriated from the Unappropriated Fund Balance of the HOME Investment Fund
to the following account in said fund:
294-055-2129B Rehabilitation Loan Corporation-
$1,071,000.00 Flood Relief
Section 3. That the Director of the Department of
Housing and Community Development is hereby designated requisitioning authority
for Account No. 294-055-2129B.
Section 4. That the Director of the Department of
Housing and Community Development is hereby authorized to execute a contract
with the Rehabilitation Loan Corporation, in the amount of $1,071,000.00, for
the purpose of administering the Supplemental Flood HOME Program to be paid
from funds herein appropriated to Account No. 294-055-2129B, Rehabilitation
Loan Corporation-Flood Relief. A copy of the contract, in substantial form, is
attached hereto and 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
Assistant City Attorney