File #: 20452    Version: 0 Name: Tfr Assessment KCMO Coop Agmt Market Value Analysis
Type: Resolution Status: Passed
File created: 6/24/2020 In control: Budget Committee
On agenda: 6/29/2020 Final action: 7/20/2020
Title: A RESOLUTION transferring $63,428.00 within the 2020 Assessment Fund and authorizing the County Executive to execute an Intergovernmental Cooperative Agreement with the City of Kansas City, Missouri, for the purpose of performing a market value analysis for all residential neighborhoods in Jackson County, at an actual cost to the County in the amount of $63,427.20.
Sponsors: Crystal Williams
Indexes: CITY OF KANSAS CITY, COUNTY EXECUTIVE, INTERGOVERNMENTAL COOPERATIVE AGREEMENT, MARKET VALUE ANALYSIS, RESIDENTIAL NEIGHBORHOOD
Attachments: 1. 20452bu.pdf, 2. 20452adopt.pdf, 3. 20452 KCMO Reinvestment market analysis.pdf

IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI

 

Title

A RESOLUTION transferring $63,428.00 within the 2020 Assessment Fund and authorizing the County Executive to execute an Intergovernmental Cooperative Agreement with the City of Kansas City, Missouri, for the purpose of performing a market value analysis for all residential neighborhoods in Jackson County, at an actual cost to the County in the amount of $63,427.20.

 

 

Intro

RESOLUTION NO. 20452, June 29, 2020

 

INTRODUCED BY Crystal Williams, County Legislator

 

 

Body

 WHEREAS, the County Administrator recommends an Intergovernmental Cooperative Agreement with the City of Kansas City, MO, to provide for a market value analysis of all residential neighborhoods in Jackson County and those in the City of Kansas City’s portion of Clay and Platte Counties; and,

 

WHEREAS, this analysis will be performed by Reinvestment Fund, a Philadelphia, PA-based community development financial institution experienced in these matters; and,

 

WHEREAS, the information produced will allow the Assessment Department to better classify residential property into smaller neighborhood groupings based on underlying property market valuations and analyses of comparable real estate markets within and in between neighborhoods; and,

 

WHEREAS, the total cost of this project is $105,712.00, of which the County’s share is $63,427.20, for which a transfer is required; now therefore,

 

BE IT RESOLVED by the County Legislature of Jackson County, Missouri, that the following transfer within the 2020 Assessment Fund be and hereby is made:

 

DEPARTMENT/DIVISION                                          CHARACTER/DESCRIPTION                     FROM                                          TO

Assessment Fund

Non-Mandated Contingency

045-8005                                                                                    56830- Contingency Fund                                          $63,428

 

Assessment

045-1902                                                                                    56070-

                                                                                                         Intergovernmental Agreements                                                  $63,428

 

and,

 

BE IT FURTHER RESOLVED that the County Executive be and hereby is authorized to execute the attached Intergovernmental Cooperative Agreement with the City of Kansas City, Missouri; and,

 

BE IT FURTHER RESOLVED that the Director of Finance and Purchasing is authorized to make all payments, including final payment on the Agreement.

 

 

Enacted and Approved

Effective Date: This Resolution shall be effective immediately upon its passage by a majority of the Legislature.

 

APPROVED AS TO FORM:

 

 

 

______________________________                           ________________________________

Chief Deputy County Counselor                      County Counselor

 

Certificate of Passage

 

                     I hereby certify that the attached resolution, Resolution No. 20452 of June 29, 2020, was duly passed on July 20, 2020 by the Jackson County Legislature. The votes thereon were as follows:

 

 

                     Yeas _______8__________                                          Nays ______0________

 

 

Abstaining _____0________                     Absent _____1_______

 

 

 

_________________________                     _____________________________

Date                     Mary Jo Spino, Clerk of Legislature

 

 

 

Fiscal Note

Funds sufficient for this transfer are available from the source indicated below.

 

ACCOUNT NUMBER:                     045                     8005                     56830

ACCOUNT TITLE:                     Assessment Fund

                                                                                    Non-Mandated Contingency

                                                                                    Contingency Fund

NOT TO EXCEED:                     $63,428.00

 

 

 

 

 

 

 

 

 

 

There is a balance otherwise unencumbered to the credit of the appropriation to which the expenditure is chargeable and there is a cash balance otherwise unencumbered in the treasury to the credit of the fund from which payment is to be made each sufficient to provide for the obligation herein authorized.

 

ACCOUNT NUMBER:                     045                     1902                     56070

ACCOUNT TITLE:                     Assessment Fund

                     Assessment

                                                                                    Intergovernmental Agreements

NOT TO EXCEED:                     $63,428.00

 

 

 

__________________________                     ________________________________

Date                     Chief Administrative Officer