KC Skyline

City Clerk Web Search

Search the Ordinances:

Legislation #: 120306 Introduction Date: 3/29/2012
Type: Ordinance Effective Date: none
Sponsor: None
Title: Appropriating $97,127.00 in the GO 2003F Bond Fund and $230,166.00 in the GO 2004F Bond Fund; estimating revenues in the amount of $210,934,885.00 in Fund 3398, the 2012A General Obligation Bond Fund and appropriating the same from the sale of General Obligation Improvement and Refunding Bonds, Series 2012A; designating requisitioning authorities; authorizing the Director of Finance to close project accounts upon project completion and recognizing an emergency.

Legislation History
DateMinutesDescription
3/28/2012 Filed by the Clerk's office
3/29/2012 Referred to Finance, Governance & Ethics Committee
4/4/2012 Advance and Do Pass, Debate
4/5/2012 Passed

View Attachments
FileTypeSizeDescription
120306.pdf Authenticated 2132K Authenticated
GO 2012A Fiscal Note.xls Fiscal Note 75K GO2012A Fiscal Note
http://kansascity.granicus.com/ViewSearchResults.php?view_id=2&keywords=120306 Video Link 0K http://kansascity.granicus.com/ViewSearchResults.php?view_id=2&keywords=120306
GO 2012A E A Fact sheet.xlsx Fact Sheet 63K GO 2012A E&A Fact Sheet
GO 2012A E A Police Admin Approp.xlsx Other 29K GO2012A E&A Police Admin & Approp
GO 2012A E A Admin Approp.xlsx Other 30K GO 2012A E&A Admin & Approp

Printer Friendly Version

ORDINANCE NO. 120306

 

Appropriating $97,127.00 in the GO 2003F Bond Fund and $230,166.00 in the GO 2004F Bond Fund; estimating revenues in the amount of $210,934,885.00 in Fund 3398, the 2012A General Obligation Bond Fund and appropriating the same from the sale of General Obligation Improvement and Refunding Bonds, Series 2012A; designating requisitioning authorities; authorizing the Director of Finance to close project accounts upon project completion and recognizing an emergency.

 

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That the sum of $97,127.00 is hereby appropriated from the Unappropriated Fund Balance of the GO 2003F Bond Fund:

 

AL-3390-129998-903398 Transfer to 2012A General Obligation Bond $ 97,127.00

Bond Fund

 

Section 2. That the sum of $230,166.00 is hereby appropriated from the Unappropriated Fund Balance of the GO 2004F Bond Fund:

 

AL-3391-129998-903398 Transfer to 2012A General Obligation Bond $ 230,166.00

Bond Fund

 

Section 3. That the revenue in the following accounts of Fund 3398, 2012A General Obligation Bond Fund is hereby estimated in the following amounts:

 

AL-3398-120000-590000 Proceeds from Sale of Bonds $190,282,498.00

AL-3398-120000-485100 Reoffering Premium 20,325,094.00

AL-3398-120000-503390 Transfers from GO 2003F 97,127.00

AL-3398-120000-503391 Transfers from GO 2004F 230,166.00

TOTAL $210,934,885.00

 

Section 4. That the sum of $193,729,885.00 is hereby appropriated from the Unappropriated Fund Balance of Fund No. 3398, 2012A General Obligation Bond Fund to the following accounts:

 

AL-3398-129632-B Original Issue Discount $ 592,217.00

AL-3398-129620-B Bond Issuance Expense 381,009.00

AL-3398-129631-B Underwriter Discount 943,351.00

AL-3398-129686-B 2012A Rebate Subaccount 10,000.00

AL-3398-708097-B Zoo Project 203,953.00

AL-3398-897701-B Street Resurfacing

(General Fund Reimbursement) 1,370,853.00

AL-3398-878024-B Police Headquarters 19,334,000.00

AL-3398-878023-B East Patrol/Crime Lab 50,851,480.00

AL-3398-878022-B North Patrol Station 14,925,000.00

AL-3398-129998-X Transfer to Fund 5010 (Capitalized Interest) 3,728,300.00

AL- 3398-129671-G Defeasance of Series 2003F 15,984,712.00

AL- 3398-129671-G Defeasance of Series 2004F 85,405,010.00

TOTAL $193,729,885.00

 

Section 5. That the sum of $17,205.000.00 is hereby appropriated from the Unappropriated Fund Balance of the KCMBU Fund No. 3398, 2012A General Obligation Bond Fund to the following account:

KCMBU AL-3398- 129996-X Transfer to KCPDU Component Unit $17,205,000.00

Section 6. That the revenue in the following account in the KCPDU Fund No. 3398, 2012A General Obligation Bond Fund is hereby estimated in the following additional amount:

KCPDU AL-3398-210000-599900 Transfer from KC Primary Government $17,205,000.00

Section 7. That the sum of $17,205,000.00 is hereby appropriated from the Unappropriated Fund Balance of the KCPDU Fund No. 3398, 2012A General Obligation Bond Fund to the following accounts:

KCPDU AL-3398-212593- E Patrol Support Unit Helicopters $ 5,600,000.00

KCPDU AL-3398-217005-E Police Headquarters 4,150,000.00

KCPDU AL-3398-217016-E East Patrol Crime Lab 5,380,000.00 KCPDU-AL-3398-217008-E North Patrol Station 2,075,000.00

TOTAL $17,205,000.00

 

Section 8. That the Director of Finance is hereby designated as requisitioning authority for Account Nos. AL-3398-129631, AL-3398-129620, AL-3398-129632, AL-3398-129998, AL-3398-129671 and AL-3398-129686, that the Director of Parks and Recreation is hereby designated as the requisitioning authority for Account No. AL-3398-708097, that the Director of Capital Projects is hereby designated as the requisitioning authority for Account Nos. AL-3398-878024, AL-3398-878023, and AL-3398-878022, that the Director of Public Works is hereby designated as the requisitioning authority for Account No. AL-3398-897701 and that the Board of Police Commissioners is designated as requisitioning authority for Account Nos. KCPDU AL-3398-212593, AL-3398-217005, AL-3398-217016 and AL-3398-217008.

Section 9. 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.

 

Section 10. That this ordinance is recognized as an emergency measure within the provisions of Section 503(a)(3)(c) of the City Charter in that it appropriates money and shall take effect in accordance with that section.

 

 

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