File #: 230057    Version: 1 Name:
Type: Ordinance Status: Passed
File created: 1/11/2023 In control: Council
On agenda: 1/26/2023 Final action: 1/26/2023
Title: Sponsor: Director of the Public Works Department Appropriating $666,020.82 from the Unappropriated Fund Balance of the Development Services Fund to provide funding for management of Tax Increment Financing (TIF) for roadway, bridge, and other transportation related improvement projects; and recognizing this ordinance as having an accelerated effective date.
Attachments: 1. 230057 Docket Memo, 2. 230057 Admin Appropr, 3. Docket Memo TIF MOU Development fund, 4. Authenticated Ordinance 230057
Related files: 150398

ORDINANCE NO. 230057

 

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Sponsor:  Director of the Public Works Department

 

Appropriating $666,020.82 from the Unappropriated Fund Balance of the Development Services Fund to provide funding for management of Tax Increment Financing (TIF) for roadway, bridge, and other transportation related improvement projects; and recognizing this ordinance as having an accelerated effective date.

 

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WHEREAS, the City Planning and Development Department and the Department of Public Works executed a Memorandum of Understanding effective October 28, 2020 that allows the Department of Public Works to receive a portion of fees collected to provide project management and project coordination of TIF projects; and

 

WHEREAS, on December 14, 2017, the City Council passed Ordinance 170971 which approved the First Amendment to the Platte Purchase Development Plan that included improvements to Platte Purchase Road from Platte Purchase Park to N.E. 108th Street; and

 

WHEREAS, on June 9, 2022, the City Council passed Ordinance 220483 which approved the Revised Thirteenth Amendment to the Parvin Road Corridor Tax Increment Financing Plan that included constructing the Arlington Link Phase 2 (aka N.E. 48th Street Extension); and

 

WHEREAS, the City Planning and Development Department has collected the required fees for the projects at Platte Purchase Road and N.E. 48th Street; and

 

WHEREAS, the Department of Public Works’ portion of those fees totals $666,020.82; NOW, THEREFORE,

 

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

Section 1.  That $666,020.82 is hereby appropriated from the Unappropriated Fund Balance to the following accounts in the Development Services Fund:

 

23-2210-891572-B-89008824                                                               Platte Purchase Road                                                                   $193,910.53

23-2210-891572-B-89008895                                                               N.E. 48th Street                                                                     472,110.29

                                                                                                                                      TOTAL:                                                                                        $666,020.82                     

Section 2.  This ordinance is recognized as an ordinance with an accelerated effective date as provided by Section 503(a)(3)(C) of the City Charter in that it appropriates money, and shall take effect in accordance with that section.

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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.

 

 

______________________________

Tammy L. Queen

Director of Finance

 

Approved as to form:

 

 

______________________________

Dustin E. Johnson

Assistant City Attorney