COMMITTEE SUBSTITUTE FOR ORDINANCE NO. 951297, AS
AMENDED
Reducing appropriations in certain accounts by
$60,000.00; appropriating $60,000.00 to the 18th & Vine Project;
authorizing a third amendment to an agreement between the City and the 18th and
Vine Authority, adding the amount of $284,000.00 for the purpose of
constructing the 18th and Vine Project; designating requisitioning authority;
authorizing acceptance of a special warranty deed in connection with the
Project; directing the City Clerk to record the deed; and authorizing
expenditure of funds in connection with the Project.
WHEREAS, by Ordinance No. 931426, the City Council
authorized the creation of the 18th and Vine Authority (the
"Authority") for management of the 18th and Vine Project, and
directed the Director of City Development to enter into an agreement with the
Authority; and
WHEREAS, the expenditure of additional funds by the
Authority for construction of the Project on behalf of the City is necessary for
construction; NOW, THEREFORE,
BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:
Section 1. That the appropriations in the following
accounts are reduced in the following amounts:
96-309-089-6301T Special Projects CD3 $30,000.00
96-309-089-7733T Blue River Flood Control 30,000.00
Section 2. That the sum of $60,000.00 is
appropriated from the Unappropriated Fund Balance of the Capital Improvement
Fund to the following account in the said fund:
96-309-064-6700T 18th & Vine
Project $60,000.00
Section 3. That the Director of City Development is
designated requisitioning authority for Account No. 96-309-064-6700-T.
Section 4. That the Director of City Development on
behalf of the City, is authorized to enter into a third amended agreement with
the 18th and Vine Authority, in an additional amount of $284,000.00, for a
total contract amount of $914,400.00, for management of the 18th and Vine
Project. The amended agreement is approved in substantial form as the attached
exhibit.
Section 5. That the Director of City Development is
authorized to accept a special warranty deed for the property described as:
Lots 22 and the north of Lot 23, Block 2, William
Tom's Addition, a subdivision in Kansas City, Jackson County, Missouri,
according to the recorded plat thereof.
Section 6. That the City Clerk is directed to
record the special warranty deed referred to in Section 5 in the office of the
Recorder of Deeds for Jackson County, Missouri.
Section 7. That the Director of City Development is
authorized to expend $224,000.00 from funds appropriated to Account No.
92-388-064-7350T, 18th and Vine/Jazz Hall Complex, and $60,000.00 from funds
appropriated to Account No. 96-309-064-6700T for the amended agreement
($284,000.00) and property acquisition for the project ($16,500.00).
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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