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Legislation #: 110199 Introduction Date: 3/17/2011
Type: Ordinance Effective Date: none
Sponsor: None
Title: Authorizing 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 authorizing the Director of Public Works to expend funds for the contract.

Legislation History
DateMinutesDescription
3/17/2011 Filed by the Clerk's office
3/17/2011 Referred to Transportation and Infrastructure Committee
3/24/2011 Advance and Do Pass, Consent
3/24/2011 Passed

View Attachments
FileTypeSizeDescription
110199.pdf Authenticated 40K AUTHENTICATED
Other 0K sent to finance for signature
fact sheet 89008223.xls Fact Sheet 170K fact sheet
fiscal note 89008223.xls Fiscal Note 62K fiscal note

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ORDINANCE NO. 110199

 

Authorizing 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 authorizing the Director of Public Works to expend funds for the contract.

 

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 nine times with Ordinance Nos. 040618, 040619, 040620, 040621, 050107, 060326, 080211, 090260, and 101007; and

 

WHEREAS, during the course of the amendments, funding was identified for the design and 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; and

 

WHEREAS; Committee Substitute for Ordinance No. 100692, As Amended, established the 2011 GO Bond Fund and appropriated funding for N.W. 88th Street; and

 

WHEREAS, the Commission and City wish to complete both projects cooperatively and in partnership; NOW, THEREFORE,

 

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That the Director of Public Works is authorized to execute a cooperative funding agreement in the amount of $300,000.00 with the Tax Increment Financing Commission for the purpose of providing 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 $300,000.00 from funds previously appropriated to Account No. AL-3397-898201-B-89008223.

___________________________________________________

 


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