City of Kansas City, Missouri v. Housing & Economic Development Financial Corporation et al

Filing 1888

ORDER granting 1880 motion Authorizing Receiver to Provide Funding for Acquisition of "Colonnades" Properties Signed by District Judge Gary A. Fenner on 3/26/09. (Mitchell, Lisa)

IN THE UNITED STATES DISTRICT COURT FOR THE WESTERN DISTRICT OF MISSOURI WESTERN DIVISION CITY OF KANSAS CITY, MISSOURI, Plaintiff, vs. HOUSING & ECONOMIC DEVELOPMENT FINANCIAL CORPORATION, et al., Defendants. ) ) ) ) ) ) ) ) ) ) )

Case No. 05-0368-CV-W-GAF

ORDER GRANTING PLAINTIFF'S MOTION FOR AN ORDER AUTHORIZING RECEIVER TO PROVIDE FUNDING FOR ACQUISITION OF "COLONNADES" PROPERTIES IN BEACON HILL Now pending before the Court is Plaintiff's Motion for an Order Authorizing Receiver to Provide Funding for Acquisition of "Colonnades" Properties in Beacon Hill. For good cause shown, it is ORDERED that the Receiver, on behalf of HEDFC, is authorized to provide funding to the City in either 1) amounts equal to the negotiated purchase prices, if deemed reasonable by the Receiver, for the apartment building located at 1300 East 27th Street, Kansas City, Missouri, and the vacant lot located at 1316 East 27th Street, Kansas City, Missouri, from their owners, or 2) amounts as awarded by the Circuit Court of Jackson County, Missouri, in proceedings of condemnation of 1300 East 27th Street and 1316 East 27th Street in Kansas City, Jackson County, Missouri, if such condemnation awards are accepted by the City. s/ Gary A. Fenner Gary A. Fenner, Judge United States District Court DATED: March 26, 2009