ORDINANCE NO. 250490
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Sponsor: Director of Civil Rights and Equal Opportunity Department
Accepting and approving a $100,000.00 grant award from the Cities for Financial Empowerment Fund, Inc. (the “CFE Fund”); estimating revenues and appropriating funds in the amount of $100,000.00 to the General Grants Fund; designating requisitioning authority; and recognizing this ordinance as having an accelerated effective date.
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WHEREAS, the CFE Fund works to support municipal engagement to improve the financial stability of low and moderate income households by embedding financial empowerment strategies into local government infrastructure; and
WHEREAS, the CFE Fund has determined that the support of the City of Kansas City in the work performed by the Civil Rights and Equal Opportunity Department furthers the express purposes of the CFE Fund; NOW, THEREFORE,
BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:
Section 1. That a $100,000.00 grant award from the Cities for Financial Empowerment Fund, Inc. is hereby accepted and approved. A copy of the grant, in substantial form, is on file with the Director of Civil Rights and Equal Opportunity.
Section 2. That revenue in the amount of $100,000.00 is hereby estimated to the following account in the General Grants Fund:
26-2580-540001-487985-G54CTYSTRT CREO Grant Revenue $100,000.00
Section 3. That funds in the amount of $100,000 are appropriated from the Unappropriated Fund Balance of the General Grants Fund in the following accounts:
26-2580-545315-B-G54CTYSTRT Private Foundation Grants $ 30,000.00
26-2580-545315-C-G54CTYSTRT Private Foundation Grants 70,000.00
TOTAL $100,000.00
Section 4. That the Director of Civil Rights and Equal Opportunity is hereby designated as requisitioning authority for Account No. 26-2580-545315
Section 5. That this ordinance relating to the appropriation of money and the expenses of government is recognized as an ordinance with an accelerated effective date as provided by Section 503(a)(3) (B) and Section 503(a)(3)(C) of the City Charter and shall take effect in accordance with Section 503, City Charter.
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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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Julian Langenkamp
Associate City Attorney