ORDINANCE NO. 120245
Establishing the Special Obligation Series 2012A Fund;
estimating and appropriating $13,376,350.00 in the Special Obligation Series
2012A Fund; authorizing the Director of Information Technology to execute a
contract with FAST Enterprises for the implementation and purchase of a new
revenue system project (the “Project”); authorizing the expenditure of funds in
relation to the Project; authorizing the Director of General Services to renew
the contract for four annual renewal terms; designating requisition
authorities; authorizing the Director of Finance to close project accounts upon
completion; and declaring intent to get reimbursed from bond proceeds.
BE IT ORDAINED
BY THE COUNCIL OF KANSAS CITY:
Section 1. That
Fund No. 3429, Special Obligation Series 2012A, is hereby established in the
records of the City of Kansas City, Missouri.
Section 2. That
the revenue in the following account of the Fund No. 3429, Special Obligation
Series 2012A, is hereby estimated in the following amount:
AL-3429-120000-590000 Proceeds
from Sale of Bonds $13,376,350.00
Section
3. That the sum of $13,376,350.00 is hereby appropriated from the
Unappropriated Fund Balance of Fund No. 3429, the Special Obligation Series
2012A Fund, to the following accounts:
AL-3429-181320-B Revenue
System Contract $11,138,500.00
AL-3429-181320-B Revenue
System Contingency 1,113,850.00
AL-3429-121200-A Revenue Personnel
500,000.00
AL-3429-181320-B Revenue
Project Management 624,000.00
TOTAL $13,376,350.00
Section
4. That the Director of Information Technology is authorized to execute, on
behalf of the City, a contract with FAST Enterprises for the purchase of a new
revenue system.
Section 5. That the
Director of General Services is hereby authorized to renew a contract with FAST
Enterprises for four (4) annual renewal terms.
Section 6. That the
Director of Information Technology is designated as requisitioning authority
for Account No. AL-3429-181320 and the Director of Finance is designated as
requisitioning authority for Account No. AL-3429-121200.
Section 7. That the
Director of Finance is hereby authorized to close project accounts upon
completion and return the unspent portion of the appropriation to the Fund
Balance from which it came.
Section 8. That the
City hereby declares its official intent to reimburse itself for certain
expenditures made within 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 expected to be issued is
$13,376,350.00. This constitutes a declaration of official intent under
Treasury Regulation 1.150-2.
______________________________________________
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.
___________________________
Randall
J. Landes
Director
of Finance
Approved
as to form and legality:
___________________________
Sarah
Baxter
Assistant
City Attorney