ORDINANCE NO. 230459
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Sponsor: Director of Housing and Community Development Department
Appropriating funds in the amount of $890,000.00 to the Home Investment Fund (HOME) to provide funding for projects that meet the HOME Grant requirements; and recognizing this ordinance as having an accelerated effective date.
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WHEREAS, the City of Kansas City is required by the Charter to approve spending and authorize contract spending for the HOME Grant program; and
WHEREAS, approval from Council is needed to reflect the correct budget amount of the HOME Grant program so the funds provided may be spent on worthy and important projects, such as assisting individuals and families to quickly regain stability in permanent housing after experiencing a housing crisis or homelessness; NOW, THEREFORE,
BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:
Section 1. That the sum of $890,000.00 is hereby appropriated from the Unappropriated Fund Balance of the HOME Investment Fund in the following accounts:
24-2940-575311-B-G57HOME17 Neighborhood Redevelopment $871,680.68
24-2940-575311-B-G57HOME18 Neighborhood Redevelopment 18,319.32
TOTAL $890,000.00
Section 2. That the Director of Housing and Community Development Department is hereby designated the requisitioning authority for Account No. 24-2940-575311-G57HOME17 and 24-2940-575311-G57HOME18.
Section 3. That this ordinance is recognized as having and accelerated effective date within the provisions of Section 503 of the City Charter in that it appropriated money and provides the expenses of City government 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.
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Tammy L. Queen
Director of Finance
Approved as to form:
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Joseph A. Guarino
Senior Associate City Attorney