ORDINANCE NO. 030540
Authorizing
execution of a $908,496.00 Cooperative Agreement with the Economic Development
Corporation of Kansas City, Missouri, the Land Clearance for Redevelopment
Authority of Kansas City, Missouri, the Port Authority of Kansas City,
Missouri, and the Tax Increment Financing Commission of Kansas City, Missouri,
for the purpose of providing funds for certain development and redevelopment
services and directing the City Clerk to file certain documents with the
appropriate offices.
WHEREAS,
the Mayor and City Council desire that 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
including the Land Clearance for Redevelopment Authority, the Port Authority of
Kansas City and the Tax Increment Financing Commission; NOW, THEREFORE,
BE
IT ORDAINED BY THE COUNCIL OF KANSAS CITY:
Section
1. That the Director of the Department of City Development is hereby
authorized to execute a Cooperative Agreement on behalf of the City, with the
Economic Development Corporation of Kansas City, Missouri, the Land Clearance
for Redevelopment Authority of Kansas City, Missouri, the Port Authority of
Kansas City, Missouri and the Tax Increment Financing Commission of Kansas
City, Missouri, in the amount of $908,496.00, for the purpose of providing
funds for certain development and redevelopment services to be paid from funds
previously appropriated to Account Nos. 04-100-064-2000-B, Economic Development
Corporation ($658,496.00) and 04-264-064-2000-B, Economic Development
Corporation ($250,000.00). A copy of the Cooperative Agreement, in substantial
form, is attached hereto and is hereby approved.
Section
2. That the City Clerk is hereby directed to file a copy of the Cooperative
Agreement, together with a copy of this ordinance, in the office of the
Secretary of the State of Missouri and in the Department of Records for Jackson
County, Missouri.
__________________________________________________________________
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.
____________________________________
Director
of Finance
Approved
as to form and legality:
___________________________________
Assistant
City Attorney