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Legislation #: 910539 Introduction Date: 5/2/1991
Type: Ordinance Effective Date: 5/19/1991
Sponsor: COUNCILMEMBER WEBER
Title: Reestimating the sum of One Hundred Fifty Two Thousand Six Hundred Ten Dollars ($152,610.00) from the Real Estate Tax Increment Account and appropriating such sum to the TIF Project Cost Walnut Creek Account for the repayment of expenses associated with the Walnut Creek Tax Increment Financing Project.

Legislation History
DateMinutesDescription
5/2/1991

Prepare to Introduce

5/8/1991

Do Pass

5/2/1991

Referred Finance Committee

5/9/1991

Passed


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ORDINANCE NO. 910539

 

Reestimating the sum of One Hundred Fifty Two Thousand Six Hundred Ten Dollars ($152,610.00) from the Real Estate Tax Increment Account and appropriating such sum to the TIF Project Cost Walnut Creek Account for the repayment of expenses associated with the Walnut Creek Tax Increment Financing Project.

 

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:

 

615-10701 Real Estate Tax Increment $152,610.00

 

Section 2. That the sum of $152,610.00 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:

 

615-95542-B TIF Project Cost Walnut Creek $152,610.00

 

Section 3. That the Director of Finance is hereby designated as the requisitioning authority for Account No. 615-95542.

 

_____________________________________________

 

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