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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,...

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