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Legislation #: 910368 Introduction Date: 3/28/1991
Type: Ordinance Effective Date: 4/25/1991
Sponsor: None
Title: Appropriating Two Hundred Forty Thousand Four Hundred Seventy-Eight Dollars ($240,478.00) from the Tax Increment Financing Special Allocation Account for the repayment of expenses associated with the West 46th Street Terrace Tax Increment Financing Project and designating requisitioning authority.

Legislation History
DateMinutesDescription
3/28/1991

Referred Finance Committee

3/28/1991

Referred Finance Committee

4/3/1991

Hold On Agenda

4/17/1991

Hold On Agenda

4/24/1991

Advance and Do Pass as a Committee Substitute

4/25/1991

Passed as Substituted


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COMMITTEE SUBSTITUTE FOR ORDINANCE NO. 910368

 

Appropriating Two Hundred Forty Thousand Four Hundred Seventy-Eight Dollars ($240,478.00) from the Tax Increment Financing Special Allocation Account for the repayment of expenses associated with the West 46th Street Terrace Tax Increment Financing Project and designating requisitioning authority.

 

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That the revenue in the following account of the Tax Increment Financing Special Allocation Fund is hereby reestimated in the following additional amount:

 

615-10700 Real Estate Tax Increment $240,478.00

 

Section 2. That the sum of $617,478.00 is hereby appropriated from the Unappropriated Fund Balance of the Tax Increment Financing Special Allocation Fund, Account No. 615-801, to the following account in the Tax Increment Allocation Fund:

 

615-95540-B TIF Project Cost $240,478.00 West 46th Street Terrace

 

Section 3. That the Director of Finance is hereby designated as the requisitioning authority for Account No. 615-95540.

 

_____________________________________________

 

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.

 

 

___________________________________

Director of Finance

 

 

Approved as to form and legality:

 

 

 

___________________________________

Assistant City Attorney