ORDINANCE NO. 211040
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Appropriating $9,423,659.62 from the Unappropriated Fund Balance of the Water Fund; estimating and appropriating $9,423,659.62 from the Unappropriated Fund Balance of the City Legal Expense Fund; and approving and authorizing settlement of a claim by 1125 Grand Boulevard LLC.
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WHEREAS, on February 12, 2021, a water main burst causing property damage to 1125 Grand Boulevard LLC's property; and
WHEREAS, the City Council passed Ordinance No. 210518, which authorized partial settlement of a claim by 1125 Grand Boulevard LLC; and
WHEREAS, it has become necessary to pay an additional $9,423,659.62 which would cause the total expenditures on this claim to be $9,623,659.62, the City Council's approval is necessary to pay this amount; NOW, THEREFORE,
BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:
Section 1. Estimating revenue in the sum of $9,423,659.62 to the City Legal Expense Fund in the following account:
22-7010-131523-485740 Water General Liability Claims $9,423,659.62
Section 2. Appropriating the sum of $9,423,659.62 from the Unappropriated Fund Balance of the City Legal Expense fund in the following account:
22-7010-131523-618200 Water General Liability Claims $9,423,659.62
Section 3. Appropriating the sum of $9,423,659.62 from the Unappropriated Fund Balance of the Water Fund to the following account:
22-8010-801000-618450 Settlement of Claims $9,423,659.62
Section 4. That the payment of the additional sum of $9,423,659.62 in settlement of the claim of 1125 Grand Boulevard LLC, Claim No. T2021-1075 as recommended by the City Attorney and the Risk Management Committee, is hereby approved.
Section 5. That the City Attorney is hereby authorized to pay the additional sum of $9,423,659.62 in settlement of this claim from funds previously appropriated in Account No. 21-7010-131523-B, Water-General Liability Claims.
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I hereby certi...
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