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Legislation #: 100742 Introduction Date: 9/2/2010
Type: Ordinance Effective Date: none
Sponsor: None
Title: Estimating revenues in the amount of $229,507.61 in the General Fund and appropriating same; designating requisitioning authority; and authorizing the Director of Finance to close project accounts upon project completion.

Legislation History
DateMinutesDescription
9/1/2010 Filed by the Clerk's office
9/2/2010 Referred to Transportation and Infrastructure Committee
9/9/2010 Advance and Do Pass, Debate
9/9/2010 Passed

View Attachments
FileTypeSizeDescription
100742.pdf Authenticated 72K AUTHENTICATED
Fact Sheet_2715 Swope Parkway Demo-Asbestos Appropriation Ordinance.xls Fact Sheet 58K Revised Fact Sheet 2715 Swope Parkway Demo
Fiscal Note_2715 Swope Parkway Demo-Asbestos Appropriation Ordinance.xls Fiscal Note 77K 2715 Swope Parkway Demo/Asbestos Fund Fiscal Note
Fact Sheet_2715 Swope Parkway Demo-Asbestos Appropriation Ordinance.xls Fact Sheet 58K 2715 Swope Parkway Demo/Asbestos Appropriation

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ORDINANCE NO. 100742

 

Estimating revenues in the amount of $229,507.61 in the General Fund and appropriating same; designating requisitioning authority; and authorizing the Director of Finance to close project accounts upon project completion.

 

WHEREAS, Second Committee Substitute for Resolution No. 100139 expressed the City Council’s intent to identify certain funds for demolition debris and asbestos removal at the site of 2715-21 Swope Parkway if MAC Healthcare purchased the property and set out certain conditions that must be satisfied before the funds would be paid to MAC Healthcare; and

 

WHEREAS, pursuant to the Funding Agreement between the City and MAC Healthcare, the City must introduce an ordinance to appropriate the proceeds of the bankruptcy proceedings from the current property owner (as defined in the agreement) within 20 (twenty) days of receiving same; and

 

WHEREAS, the City received the proceeds on August 23; NOW, THEREFORE,

 

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That the revenue in the following account of the General Fund is hereby estimated in the following amount:

 

11-1000-642024-485200 Recovery of Prior Year Expenditures $229,507.61

 

Section 2. That the sum of $229,507.61 is hereby appropriated from the Unappropriated Fund Balance of the General Fund to the following accounts

 

11-1000-642024-B Swope Parkway Demo/Asbestos $229,507.61

 

Section 3. That the Director of the City Development Department is hereby designated as requisitioning authority for Account No. 11-1000-642024-B.

 

Section 4. That the Director of Finance is hereby authorized to close project accounts upon project completion and return the unspent portion of the appropriation to the Fund Balance from which it came.

 

_____________________________________________

 


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:

 

 

___________________________________

M. Margaret Sheahan Moran

Assistant City Attorney