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Legislation #: 130602 Introduction Date: 8/1/2013
Type: Ordinance Effective Date: none
Sponsor: COUNCILMEMBER FORD
Title: Authorizing execution of a contract in an amount not to exceed $1,000,000.00 with the Economic Development Corporation of Kansas City, Missouri, for the purpose of providing funds for certain development and redevelopment purposes and the implementation of AdvanceKC.

Legislation History
DateMinutesDescription
7/31/2013 Filed by the Clerk's office
8/1/2013 Referred to Planning, Zoning & Economic Development Committee
8/14/2013 Advance and Do Pass as a Committee Substitute, Debate
8/15/2013 Passed as Substituted

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contract.pdf Contracts 262K Contract 130602

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COMMITTEE SUBSTITUTE FOR ORDINANCE NO. 130602

Authorizing execution of a contract in an amount not to exceed $1,000,000.00 with the Economic Development Corporation of Kansas City, Missouri, for the purpose of providing funds for certain development and redevelopment purposes and the implementation of AdvanceKC.

WHEREAS, the Mayor and Council desire that the Economic Development Corporation of Kansas City, Missouri (the “EDC”), support and coordinate the activities of and provide professional staff for all of the economic development and redevelopment agencies operating on behalf of the City; and

WHEREAS, the EDC supports the adoption and implementation of AdvanceKC, which will serve as a guide for long-term economic development investments and the targeted use of incentives; and

WHEREAS, the FY 2013-2014 Budget provides $1,000,000.00 in funding for the EDC’s business development and redevelopment services; NOW, THEREFORE,

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

Section 1. That the Director of City Development is hereby authorized to execute a contract with the Economic Development Corporation of Kansas City, Missouri, in a total amount not to exceed $1,000,000.00 from funds appropriated to Account No. 14-1000-642000-B. A copy of the contract, 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.

  

___________________________________

Randall J. Landes

Director of Finance

 

Approved as to form and legality:

  

 

___________________________________

Brian T. Rabineau

Assistant City Attorney