FOR ORDINANCE NO. 060995
Estimating and appropriating
revenues from the 2006 GO Bond Fund in the amount of $1,200,000.00; authorizing
a $110,499.95 contract contingency increase with MTS Contracting, Inc.; and
authorizing an additional expenditure of funds for the project.
BE IT ORDAINED
BY THE COUNCIL OF KANSAS CITY:
Section 1. That the revenue in the following account of the 2006
GO Bond Fund is hereby estimated in the following amount:
from Sale of Bonds $1,200,000.00
Section 2. That the sum of $1,200,000.00 is appropriated from the
Unappropriated Fund Balance of the 2006 GO Bond Fund to the following account
of the 2006 GO Bond Fund:
KC Museum $1,200,000.00
3. That the City Manager is hereby authorized to increase the contract
contingency for Project No. 190-97004-4 with MTS Contracting, Inc., in the amount of $110,499.95 for additional work in connection with the Kansas City
Museums Corinthian Hall.
Section 4. That the City
declares its intent to reimburse itself for certain expenditures made within
sixty (60) days prior to or on and after the date of this ordinance with
respect to the project with the proceeds of bonds expected to be issued by the
City. The maximum principal amount of bonds expected to be issued for the project
is not to exceed $80,000,000. This constitutes a declaration of official
intent under Treasury Regulation 1-150-2.
That the City Manager is authorized to expend the additional sum of $110,499.95
for Project 190-97004-4 from Account No. AL-3392-898821-B-89000190.
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.
as to form and legality:
Assistant City Attorney