ORDINANCE NO. 040884
Authorizing
a Cooperative Agreement with the Tax Increment Financing Commission for
improvements of Winn Road on the east side of Chouteau I-35; estimating revenue
in the amount of $800,000.00 in the Capital Improvement Fund; appropriating it
to the Winn Road Improvements account of the Capital Improvements Fund; and
designating requisitioning authority.
BE IT ORDAINED BY
THE COUNCIL OF KANSAS CITY:
Section
1. That the Director of the Department of Public Works is hereby authorized
to execute a Cooperative Agreement, on behalf of the City, with the Tax
Increment Financing Commission of Kansas City, Missouri, for the improvements
of Winn Road on the east side of Chouteau I-35 Tax Increment Financing
Redevelopment Plan, located in the City of Kansas City, Clay County, Missouri,
Council District No. 1, Project No. 89008116. A copy of the Cooperative
Agreement, in substantial form, is attached hereto and is hereby approved.
Section
2. That the revenue in the following account of the Capital Improvement Fund
is hereby estimated in the following amount:
05-3090-890000-481520 Contributions
for Chouteau I-35 $800,000.00
Section
3. That the sum of $800,000.00 is hereby appropriated from the Unappropriated
Fund Balance of the Capital Improvement Fund to the following account in the
Capital Improvement Fund:
05-3090-897134-B Winn
Road Improvements $800,000.00
Section
4. That the Director of Public Works is hereby designated as requisitioning
authority for Account No. 05-3090-897134-B.
_________________________________
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.
___________________________________
Wanda
Gunter
Acting
Director of Finance
Approved
as to form and legality:
___________________________________
Mark
P. Jones
Assistant
City Attorney