ORDINANCE NO. 010670

Estimating and appropriating capitalized interest in the amount of $1,300,000.00 in the Equipment Lease Debt Service Fund; and designating requisitioning authority.

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

Section 1. That the revenue in the following account of the Equipment Lease Debt Service Fund is hereby estimated in the following amount:

02-523-012-9009 Proceeds for Capitalized Interest $1,300,000.00

Section 2. That the sum of $1,300,000.00 is hereby appropriated from the Unappropriated Fund Balance of the Equipment Lease Debt Service Fund to the following account:

02-523-012-9718-G Century Towers Project Debt Service $1,300,000.00

Section 3. That the Director of Finance is hereby designated as the requisitioning authority for Account No. 02-523-012-9718-G.

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I hereby certify that there is a balance, otherwise unencumbered, to the credit of the appropriation to which the foregoing expenditure is to be charged, and a cash balance, otherwise unencumbered, in the treasury, to the credit of the fund from which payment is to be made, each sufficient to meet the obligation hereby incurred.

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Director of Finance

Approved as to form and legality:

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Assistant City Attorney