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Legislation #: 050859 Introduction Date: 7/14/2005
Type: Ordinance Effective Date: none
Sponsor: None
Title: Accepting a report on the actual expenditures by the Port Authority of Kansas City, Missouri, in the amount of $1,438,914.00 for Fiscal Year 2005; approving proposed expenditures by the Port Authority of Kansas City, Missouri, in the amount of $720,000.00, for the Fiscal Year 2006 representing proceeds received under a sublease agreement for the Isle of Capri Casino site.

Legislation History
DateMinutesDescription
7/14/2005 Filed by the Clerk's office
7/14/2005 Referred to Finance Committee
7/20/2005 Advance and Do Pass, Debate
7/28/2005 Passed

View Attachments
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050859.pdf Authenticated 94K Authenticated
Fiscal Notes.xls Fiscal Note 33K Fiscal Note
FACTSHT.xls Fact Sheet 39K Factsheet

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ORDINANCE NO. 050859

 

Accepting a report on the actual expenditures by the Port Authority of Kansas City, Missouri, in the amount of $1,438,914.00 for Fiscal Year 2005; approving proposed expenditures by the Port Authority of Kansas City, Missouri, in the amount of $720,000.00, for the Fiscal Year 2006 representing proceeds received under a sublease agreement for the Isle of Capri Casino site.

 

WHEREAS, on May 14, 1993, the City of Kansas City, Missouri and the Port Authority of Kansas City, Missouri, entered into the Kansas City Riverfront Lease Agreement (approved by Committee Substitute for Ordinance No. 930083, As Amended), which was first amended on September 30, 1994 (approved by Committee Substitute for Ordinance No. 940931) and second amended on August 21, 1995 (approved by Ordinance No. 950964), pursuant to which the City leased certain riverfront property to the Port Authority;

 

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That Director of City Development hereby accepts and approves the following expenditure budget that was incurred by the Port Authority of Kansas City, Missouri, during Fiscal Year 2004-2005. A summary of the budget is as follows:

 

Improvements/Maintenance/Programming at Missouri Riverfront

 

Berkley Riverfront Park -- Maintenance, Security & Planning $ 216,278

Berkley Riverfront Park -- Utility Construction 19,184

Berkley Riverfront Park -- Design & Installation of Directional Signage 68,772

Berkley Riverfront Park -- Event Sponsorships & Management 107,967

Riverfront West -- Maintenance & Security 15,101

Riverfront West -- River Bank Slope Stabilization, Design/Engineering 70,844

Riverfront West -- River Bank Slope Stabilization, Construction 250,000

Riverfront West -- Interpretive Center Design & Educational Programming 52,300

Riverfront Heritage Trail -- Construction 171,000

Friends of the River -- Kansas City 59,883

Riverfront Development Site -- Master Developer Negotiations, Marketing 79,115

Port Authority Operations 328,470

Total Budget $1,438,914

 

Section 2. That the Director of City Development hereby authorizes and approves the following expenditure budget of the Port Authority of Kansas City, Missouri, for Fiscal Year 2005-2006, which is contingent upon proceeds from the sublease of the Isle of Capri Casino (formerly Flamingo Casino) site:

 


Improvements/Maintenance/Programming at Missouri Riverfront

 

Berkley Riverfront Park -- Maintenance, Security & Planning $199,800

Berkley Riverfront Park -- Utility Construction 250,000

Berkley Riverfront Park Design/Installation of Directional/Interpretive

Signage 56,438

Berkley Riverfront Park -- Event Sponsorships & Management 116,000

Berkley Riverfront Park -- Temporary Bus Turn Around 97,762

Total Budget $720,000

 

_____________________________________________

 

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.

 

 

___________________________________

Wanda Gunter

Acting Director of Finance

 

Approved as to form and legality:

 

 

___________________________________

Heather A. Brown

Assistant City Attorney