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Legislation #: 050595 Introduction Date: 5/19/2005
Type: Ordinance Effective Date: none
Sponsor: None
Title: Establishing the LCRA Series 2005E Auditorium-Plaza Garage Fund; estimating and appropriating revenues in the amount of $4,013,868.00 in the LCRA Series 2005E Auditorium-Plaza Garage Fund; designating requisitioning authority; reimbursing certain expenditures related to the Auditorium-Plaza Garage from bond proceeds; and recognizing an emergency.

Legislation History
DateMinutesDescription
5/19/2005 Filed by the Clerk's office
5/19/2005 Referred to Finance Committee
5/25/2005 Hold On Agenda (6/1/2005)
6/8/2005 Advance and Do Pass, Debate
6/9/2005 Assigned to Third Read Calendar
6/16/2005 Passed

View Attachments
FileTypeSizeDescription
050595.pdf Other 68K Authenticated
Auditorium bond estimation APPROP.xls Budget Transfer 322K APPROP transaction
Auditorium bond estimation fiscal note.xls Fiscal Note 31K Fiscal Note
Auditorium bond estimation fact sheet.xls Fact Sheet 62K Fact Sheet

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ORDINANCE NO. 050595

 

Establishing the LCRA Series 2005E Auditorium-Plaza Garage Fund; estimating and appropriating revenues in the amount of $4,013,868.00 in the LCRA Series 2005E Auditorium-Plaza Garage Fund; designating requisitioning authority; reimbursing certain expenditures related to the Auditorium-Plaza Garage from bond proceeds; and recognizing an emergency.

 

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That the City hereby establishes in the financial records of the city, the following Fund, No.3420, LCRA Series 2005E Auditorium-Plaza Garage Fund.

 

Section 2. That the revenue in the following account of the LCRA Series 2005E Auditorium-Plaza Garage Fund, is hereby estimated in the following amount.

 

AL-3420-120000-590000

Proceeds from the Sale of Bonds

$4,013,868.00

 

Section 3. That the sum of $4,013,868.00 is hereby appropriated from the Unappropriated Fund Balance of the LCRA Series 2005E Auditorium-Plaza Garage Fund to the following account of the LCRA Series 2005E Auditorium-Plaza Garage Fund.

 

AL-3420-898022-B

Auditorium-Plaza Garage

$4,013,868.00

 

Section 4. That the City Manager is hereby designated as requisitioning authority for Account No. AL-3420-898022.

 

Section 5. That the City declares its intent to reimburse itself for certain expenditures made within sixty (60) days prior to or on and after the date of this ordinance with the proceeds of bonds expected to be issued by the City for the Auditorium-Plaza Garage Project.

 

Section 6. That this ordinance is recognized as an emergency measure within the provisions of Section 15, Article II of the Charter of Kansas City, and shall take effect in accordance with Section 15.

 

_____________________________________________

 


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.

 

 

___________________________________

Wanda Gunter

Acting Director of Finance

 

Approved as to form and legality:

 

 

___________________________________

Nelson V. Munoz

Assistant City Attorney