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Legislation #: 980853 Introduction Date: 7/9/1998
Type: Ordinance Effective Date: 8/9/1998
Sponsor: None
Title: Authorizing execution of a contract amendment with the Housing and Economic Development Corporation, increasing the amount by $166,000.00 for a new total of $24,386,589.00, for funds for the Multi-Family Housing Loan Program.

Legislation History
DateMinutesDescription
7/9/1998

Prepare to Introduce

7/9/1998

Referred Planning, Zoning & Economic Development Committee

7/22/1998

Do Pass

7/23/1998

Assigned to Third Read Calendar

7/30/1998

Passed


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ORDINANCE NO. 980853

 

Authorizing execution of a contract amendment with the Housing and Economic Development Corporation, increasing the amount by $166,000.00 for a new total of $24,386,589.00, for funds for the Multi-Family Housing Loan Program.

 

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

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, increasing the contract amount by $166,000.00 for a total contract amount of $24,386,589.00, for the Multi-Family Housing Loan Program to be paid from funds previously appropriated to Account No. 99-267-055-7204-T, Pennway Plaza. A copy of the contract amendment, in substantial form, is attached hereto and 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