ORDINANCE NO. 220433
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Approving the Substantial Amendment to 2017-2021 One Year Action Plan to reprogram funding for the HOME Investment Partnership Program in the amount of $1,546,887.00; authorizing the Housing and Community Development Department to execute contracts; designating requisitioning authority.
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WHEREAS, the City of Kansas City will provide funding for public services under COVID-CDBG public service, CDBG funding for housing through the Department of Housing and Urban Development in the HOME Investment Partnership Program.
WHEREAS, funding will be used to provide low to moderate income households to promote housing and community development throughout the City of Kansas City. NOW, THEREFORE:
BE IT ORDAINED BY THE COUNCIL OF Kansas City:
Section 1. That the revenue is estimated in the amount of $1,546,887.00 to the following accounts:
23-2940-570001-476050-G57HOME17 HUD Grant Revenue $ 387,480.00
23-2940-570001-476050-G57HOME18 HUD Grant Revenue 809,407.00
23-2940-570001-476050-G57HOME20 HUD Grant Revenue 100,000.00
23-2940-570001-476050-G57HOME21 HUD Grant Revenue 250,000.00
TOTAL $1,546,887.00
Section 2. That the revenue is reduced from the following account:
23-2940-120001-476050-G57HOME21 Finance Grant Revenue $ 250,000.00
Section 3. That the sum of $1,546,887.00 is hereby appropriated from the Unappropriated Fund Balance for the following account in the HOME Investment Partnership Program Fund
23-2940-575326-B-G57HOME17 Housing $ 387,480.00
23-2940-575326-B-G57HOME18 Housing 809,407.00
23-2940-575326-B-G57HOME20 Housing 100,000.00
23-2940-575326-B-G57HOME21 Housing 250,000.00
TOTAL $1,546,887.00
Section 4. That the appropriations are hereby reduced in the following account string:
23-2940-125004-B-G57HOME21 Grant Reprogram Hold $ 250,000.00
Section 5. That the Director of Housing and Community Development Department is hereby authorized to expend up $1,546,887.00 from funds appropriated to the HOME Investment Fund to satisfy the costs of the following multifamily housing construction contracts.
23-2940-575326-B-G57HOME17 Oak Park Townhomes $ 387,480.00
23-2940-575326-B-G57HOME20 Oak Park Townhomes 100,000.00
23-2940-575326-B-G57HOME18 Oak Park Townhomes 259,407.00
23-2940-575326-B-G57HOME18 Historic Oglesby Apartments 550.000.00
23-2940-575326-B-G57HOME21 27th Street Townhomes Phase II 250,000.00
TOTAL $1,546,887.00
Section 6. That the Director of Housing and Community Development Department is hereby designated as the requisitioning authority.
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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.
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Tammy L. Queen
Director of Finance
Approved as to form and legality
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Joseph A. Guarino
Senior Associate City Attorney