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Legislation #: 130303 Introduction Date: 4/11/2013
Type: Ordinance Effective Date: none
Sponsor: COUNCILMEMBER FORD
Title: Authorizing a First Amendment to the Cooperative Agreement with the Tax Increment Financing Commission for the construction of N.W. 88th Street.

Legislation History
DateMinutesDescription
4/11/2013 Filed by the Clerk's office
4/11/2013 Referred to Planning, Zoning & Economic Development Committee
4/17/2013 Advance and Do Pass, Debate
4/18/2013 Passed

View Attachments
FileTypeSizeDescription
130303.pdf Authenticated 2123K Authenticated
130303 Agreement.pdf Agreement 95K Agreement
130303 Fact Sheet.pdf Fact Sheet 199K Fact Sheet
map.pdf Maps 2180K map

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ORDINANCE NO. 130303

 

Authorizing a First Amendment to the Cooperative Agreement with the Tax Increment Financing Commission for the construction of N.W. 88th Street.

WHEREAS, in Ordinance No. 990256, the Council accepted the recommendations of the Tax Increment Financing Commission of Kansas City (Commission) and approved the KCI Corridor Tax Increment Financing Plan (the Plan); and

 

WHEREAS, the Plan has been amended with Ordinance Nos. 040618, 040619, 040620, 040621, 050107, 060326, 080211, 090260, 101007, 110603, 120485, 120618, and 130108; and

 

WHEREAS, Ordinance No. 110199 authorized the Director of Public Works to execute a Cooperative Agreement with the Tax Increment Financing Commission in the amount of $300,000.00 for the construction of N.W. 88th Street; and

 

WHEREAS, unforeseen work conditions caused the project to need additional funding to complete the project; and

 

WHEREAS, the Commission has bid the project and needs additional funding to award the project for construction this summer; NOW, THEREFORE,

 

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That the Director of Public Works is authorized to execute a First Amendment to the Cooperative Agreement with the Tax Increment Financing Commission for the construction of N.W. 88th Street between a point 118 feet east of N. Chatham Avenue and a point 676 feet east of N. Camden Court. The agreement is approved in substantial form as that on file in the office of the Director of Public Works, subject to the receipt of all required approvals.

 

Section 2. That the Director of Public Works is authorized to expend the sum of $125,000.00 from funds previously appropriated to the following account:

 

13-3090-898201-B-89008223 NW 88th Street $125,000.00

 

___________________________________________

 


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.

 

________________________________

Randall J. Landes

Director of Finance

 

Approved as to form and legality:

 

 

__________________________________

Brian Rabineau

Assistant City Attorney