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HomeMy Public PortalAboutORD14535 BILL NO. 2009-15 SPONSORED BY COUNCILWOMAN Carroll — ORDINANCE NO. � AN ORDINANCE OF THE CITY OF JEFFERSON, MISSOURI, AUTHORIZING THE MAYOR AND CITYCLERKTO ENTER INTO A GRANT AGREEMENT ON BEHALF OFTHE CITYOFJEFFERSON WITH THE MISSOURI DEPARTMENT OF ECONOMIC DEVELOPMENT FOR THE NEIGHBORHOOD STABILIZATION PROGRAM,AND AMENDING THE 2008-2009 BUDGET OF THE CITY OF JEFFERSON, MISSOURI BY APPROPRIATING ADDITIONAL FUNDS WITHIN THE GENERAL FUND. WHEREAS, The Missouri Department of Economic Development has approved Project No. 2008- DN-08 under the Neighborhood Stabilization Program; and WHEREAS, This funding is to acquire and rehabilitate foreclosed homes in a specific targeted area within Old Town; NOW, THEREFORE BE IT ENACTED BY THE COUNCIL OF THE CITY OF JEFFERSON, MISSOURI, AS FOLLOWS: Section 1. The Mayor and City Clerk are hereby authorized to enter into a funding agreement on behalf of the City of Jefferson with the Missouri Department of Economic Development Project No. 2008-DN-08. Section 2.The agreement shall be substantially the same in form and content as the agreement attached hereto as Exhibit A. Section 3.There is hereby supplementally appropriated within the General Fund$440,776 as indicated hereto as Exhibit B. Section 4.This Ordinance shall be in full force and effect from and after the date of its passage and approval. Passed: < Approved: re ding Officer Mayor '-Al E S TO FORM: ity Cler City u or CERTIFICATION BY MAYOR Pursuant to Article VII, Section 7.1(5.)of the Charter of the City of Jefferson, Missouri, I hereby certify that the sums appropriated in the ordinance are available in the various funds to meet the requirements of this bill. Mayor Exhibit B Supplemental Appropriations Fiscal Year 2009 Budget GENERAL FUND; Revenue 1000-1800-2900-0000 $440,776.00 Non-departmental Expenditure 1000-0000-0335-0010 $440,776.00 Federal grant funds