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Legislation #: 060108 Introduction Date: 1/26/2006
Type: Ordinance Effective Date: none
Sponsor: None
Title: Appropriating $480,000.00 for a cooperative agreement between Kansas City, Missouri, the Kansas City Missouri Homestead Authority, and Don's Contracting _ Property Development, Inc. for the purpose of providing financing for the construction of affordable homes in the Old Ballpark site project generally located at 21st Street and Brooklyn.

Legislation History
DateMinutesDescription
1/25/2006 Filed by the Clerk's office
1/26/2006 Referred to Neighborhood Development and Housing Committee
2/1/2006 Advance and Do Pass, Debate
2/2/2006 Passed

View Attachments
FileTypeSizeDescription
060108.pdf Authenticated 59K Authenticated
HOME Approp _ Admin 1-9-06.xls Other 322K Approp Admin
HOME Fiscal Note 1-9-06.xls Fiscal Note 31K Fiscal Note
HOME Fact Sheet 1-9-06.xls Fact Sheet 93K Fact Sheet

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ORDINANCE NO. 060108

 

Appropriating $480,000.00 for a cooperative agreement between Kansas City, Missouri, the Kansas City Missouri Homestead Authority, and Don's Contracting & Property Development, Inc. for the purpose of providing financing for the construction of affordable homes in the Old Ballpark site project generally located at 21st Street and Brooklyn.

 

WHEREAS, Kansas City, Missouri, has invested over $1.7 million in Community Development Block Grant (CDBG) funds for the development of public infrastructure at the Old Ballpark Site located at 21st Street and Brooklyn to create new houses in the urban core; and

 

WHEREAS, the City, per Ordinance No. 041163, appropriated funds for the construction of three houses for low-income persons, and this appropriation was not spent in Fiscal Year 2004-2005; and

 

WHEREAS, the City and Kansas City Missouri Homesteading Authority agreed to provide funding for up to ten (10) houses through Fiscal Year 2006-2007; NOW, THEREFORE,

 

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That the sum of $480,000.00 is hereby appropriated from the Unappropriated Fund Balance of the Home Investment Fund, No. 2940, to the following account of the same fund:

 

06-2940-645301-B Old Ballpark Redevelopment $480,000.00

 

_____________________________________________

 

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.

 

 

___________________________________

Debra R. Hinsvark

Director of Finance

 

Approved as to form and legality:

 

 

___________________________________

Nicole Rowlette

Assistant City Attorney