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Legislation #: 070340 Introduction Date: 3/22/2007
Type: Ordinance Effective Date: none
Sponsor: None
Title: Appropriating $640,000.00 from the Unappropriated Fund Balance of the General Fund; authorizing execution of a $640,000.00 Funding Agreement with the Port Authority of Kansas City for the purpose of providing funds for predevelopment activities; designating requisitioning authority; and, recognizing an emergency.

Legislation History
DateMinutesDescription
3/20/2007 Filed by the Clerk's office
3/22/2007 Referred to Planning, Zoning & Economic Development Committee
3/28/2007 Advance and Do Pass, Debate
3/29/2007 Passed

View Attachments
FileTypeSizeDescription
070340.pdf Authenticated 62K Authenticated
final_coop agreement_predevservices2007.doc Contracts 55K Cooperative Agreement
Fact SheetMar2007_CoopAgreement.xls Fact Sheet 53K Fact Sheet

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ORDINANCE NO. 070340

 

Appropriating $640,000.00 from the Unappropriated Fund Balance of the General Fund; authorizing execution of a $640,000.00 Funding Agreement with the Port Authority of Kansas City for the purpose of providing funds for predevelopment activities; designating requisitioning authority; and, recognizing an emergency.

 

WHEREAS, the Port Authority provides support services and professional staff for economic development activities and predevelopment at Richards-Gebaur on behalf of the City of Kansas City, Missouri; NOW, THEREFORE,

 

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That $640,000.00 is appropriated from the Unappropriated Fund Balance of the General Fund to the following account in the General Fund:

 

07-1000-642017-B Port Authority RGA $640,000.00

 

Section 2. That the Director of City Development is authorized to execute on behalf of the City with the Port Authority of Kansas City, Missouri a Funding Agreement in the amount of $640,000.00 for the purpose of providing funds for certain economic development services to be paid from funds appropriated to Account No. 07-1000-642017.

 

Section 3. That the Director of City Development is designated as requisitioning authority for Account No. 07-1000-642017.

 

Section 4. That this ordinance is recognized as an emergency measure within the provisions of Section 503(3)(C) of the City Charter as it appropriates money and shall take effect in accordance with that section.

_____________________________________________

 

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.

 

 

___________________________________

Debra R. Hinsvark

Director of Finance

 

Approved as to form and legality:

 

 

___________________________________

Heather A. Brown

Assistant City Attorney