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Legislation #: 931319 Introduction Date: 11/10/1993
Type: Ordinance Effective Date: 12/2/1993
Sponsor: None
Title: Reducing the Debt Service-HUD account by $25,000.00; appropriating such sum to Twelfth Street Heritage; authorizing the Director of Housing and Community Development to execute an amendment to a contract with Twelfth Street Heritage Development Corporation to increase the contract amount by $25,000.00 for a total of $150,000.00 to provide funds for rehabilitation support services; and approving an amendment to the CDBG Statement of Objectives.

Legislation History
DateMinutesDescription
11/10/1993

Referred Plans And Zoning Committee

11/10/1993

Referred Plans And Zoning Committee

11/17/1993

Do Pass

11/18/1993

Assigned to Third Read Calendar

11/22/1993

Passed


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ORDINANCE NO. 931319

 

Reducing the Debt Service-HUD account by $25,000.00; appropriating such sum to Twelfth Street Heritage; authorizing the Director of Housing and Community Development to execute an amendment to a contract with Twelfth Street Heritage Development Corporation to increase the contract amount by $25,000.00 for a total of $150,000.00 to provide funds for rehabilitation support services; and approving an amendment to the CDBG Statement of Objectives.

 

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:

 

262-055-2401-B Debt Service-HUD $25,000.00

 

Section 2. That the sum of $25,000.00 is hereby appropriated from the Unappropriated Fund Balance of the Community Development Fund-Year 19, Fund No. 262, to the following account in said fund:

 

262-055-2240-B Twelfth Street Heritage $25,000.00

 

Section 3. That the Director of Housing and Community Development is hereby authorized to execute a contract amendment with Twelfth Street Heritage Development Corporation, increasing the contract amount by $25,000.00 for a total contract amount of $150,000.00, for the purpose of providing funds for rehabilitation support services from funds herein appropriated to Account No. 262- 055-2240-B, Twelfth Street Heritage. A copy of the contract, in substantial form, is attached hereto and is hereby approved.

 

Section 4. That an amendment for the Community Development Block Grant Statement of Objectives and Projected Use of Funds-Year 19, increasing the Twelfth Street Heritage Program by $25,000.00 to $150,000.00 and decreasing the Debt Service-HUD by $25,000.00 to $2,168,614.00 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.

 

 

___________________________________

Director of Finance

 

 

Approved as to form and legality:

 

 

 

___________________________________

Assistant City Attorney