committeesub
[COMMITTEE SUBSTITUTE FOR]ORDINANCE NO. 240449
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Sponsor: City Manager
COMMITTEE SUBSTITUTE
Authorizing the City Manager to negotiate and execute a Surface Transportation Block Grant Agreement with the Missouri Highways and Transportation Commission related to Congressionally Directed Spending in support of the South Loop Project, Federal Project No. KU0833, City Project No. 89022041; estimating revenues in the amount of $28,600,000 in the Capital Grants Fund and appropriating the same to project no. 89022041; and recognizing this ordinance as having an accelerated effective date.
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WHEREAS, the FY 2023 Consolidated Appropriations Act (P.L. 117-328), authorizes funding for Congressionally Directed Spending (hereinafter, "Earmark") to fund transportation related projects; and
WHEREAS, the City has received an allocation in the amount of $28,600,000.00 to construct the South Loop Project using such Earmark funding; and
WHEREAS, those improvements are to be designed and constructed in compliance with the provisions of an agreement between the City and the Missouri Highways and Transportation Commission; NOW, THEREFORE,
BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:
Section 1. That the City Manager is hereby authorized to negotiate and execute a Surface Transportation Block Grant Agreement with the Missouri Highways and Transportation Commission for the South Loop Project, Federal Project No. KU0833, City Project No. 89022041.
Section 2. That revenue is hereby estimated to the following account in the Capital Grants Fund:
25-3091-895114-477777-89022041 Surface Transportation Program Grant $28,600,000.00
Section 3. That the sum of $28,600,000.00 is hereby appropriated from the unappropriated fund balance of the Capital Grants Fund to the following account:
25-3091-895114-B-89022041 South Loop Project $28,600,000.00
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