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Legislation #: 921164 Introduction Date: 10/8/1992
Type: Ordinance Effective Date: 11/1/1992
Sponsor: None
Title: Reducing the appropriation in Account No. 251-055-2132-B by $1,493,000.00; appropriating $1,493,000.00 from the Unappropriated Fund Balance of the HOME Investment Fund to Account No. 251-055-2131-B; and authorizing a contract amendment with the Rehabilitation Loan Corporation for a total contract amount of $2,986,000.00 for the 1992 HOME Investment Partnership Program.

Legislation History
DateMinutesDescription
10/7/1992

Prepare to Introduce

10/8/1992

Referred Plans And Zoning Committee

10/15/1992

Do Pass

10/15/1992

Assigned to Third Read Calendar

10/22/1992

Passed


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ORDINANCE NO. 921164

 

Reducing the appropriation in Account No. 251-055-2132-B by $1,493,000.00; appropriating $1,493,000.00 from the Unappropriated Fund Balance of the HOME Investment Fund to Account No. 251-055-2131-B; and authorizing a contract amendment with the Rehabilitation Loan Corporation for a total contract amount of $2,986,000.00 for the 1992 HOME Investment Partnership Program.

 

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That the appropriation in the following account is hereby reduced by the following amount:

 

251-055-2132-B Housing Development Corporation $1,493,000.00

 

Section 2. That the sum of $1,493,000.00 is hereby appropriated from the Unappropriated Fund Balance of the HOME Investment Fund to the following account in said Fund:

 

251-055-2131-B Rehabilitation Loan Corporation $1,493,000.00

 

Section 3. That the Director of the Department of Housing and Community Development is hereby authorized to execute a contract amendment with the Rehabilitation Loan Corporation, increasing the contract amount by $1,493,000.00 for a total contract amount of $2,986,000.00, for the 1992 HOME Investment Partnership Program from funds previously appropriated and herein appropriated to Account No. 251-055-2131, Rehabilitation Loan Corporation.

 

_______________________________________________________

 

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