ORDINANCE NO. 970647

Authorizing execution of a $68,300.00 Cooperative Agreement with the Planned Industrial Expansion Authority for funds for fiscal year 1997-98 City Market operating expenses and directing the City Clerk to file certain documents with the appropriate offices.

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

Section 1. That the Director of the Department of City Development is hereby authorized to execute a Cooperative Agreement, on behalf of the City, with the Planned Industrial Expansion Authority, in the amount of $68,300.00, to provide funds for operating expenses for the City Market for fiscal year 1997-98 to be paid from funds previously appropriated to Account No. 98-100-064-2501-B, City Market Operations. A copy of said Cooperative Agreement, in substantial form, is attached hereto and is hereby approved.

Section 2. 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 Director of Records for Jackson County, Missouri, and with the office of the Secretary of State of Missouri..

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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