KC Skyline

City Clerk Web Search

Search the Ordinances:

Legislation #: 060957 Introduction Date: 9/7/2006
Type: Ordinance Effective Date: none
Sponsor: None
Title: Estimating revenue in the amount of $250,000.00 in the 2006 GO Bond Fund, appropriating it to the City Market account of the 2006 GO Bond Fund; designating requisitioning authority; and declaring the intent of the City to reimburse itself for certain expenditures.

Legislation History
DateMinutesDescription
9/7/2006 Filed by the Clerk's office
9/7/2006 Referred to Finance and Audit Committee
9/13/2006 Advance and Do Pass as a Committee Substitute, Debate
9/14/2006 Passed as Substituted

View Attachments
FileTypeSizeDescription
060957.pdf Authenticated 76K passed copy
CMI 09 06 06Correction.xls Fact Sheet 33K City Market GO Bond - Corrected
city market $250K go bond fund cap factsheet 8 06.xls Fact Sheet 33K 250K - 2006 GB Bond Fund

Printer Friendly Version

COMMITTEE SUBSTITUTE FOR ORDINANCE NO. 060957

 

Estimating revenue in the amount of $250,000.00 in the 2006 GO Bond Fund, appropriating it to the City Market account of the 2006 GO Bond Fund; designating requisitioning authority; and declaring the intent of the City to reimburse itself for certain expenditures.

 

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That the revenue in the following account of the 2006 GO Bond Fund is hereby estimated in the following amount:

AL-3392-120000-590000 Proceeds from Sale of Bonds $250,000.00

Section 2. That the sum of $250,000.00 is hereby appropriated from the Unappropriated Fund Balance of 2006 GO Bond Fund to the following account in the GO Bond Fund:

 

AL-3392-648022-B City Market $250,000.00

 

Section 3. That the Director of City Development is hereby designated as requisitioning authority for Account No. AL-3392-648022-B.

 

Section 4. That the City declares its intent to reimburse itself for certain expenditures made within 60 days prior to or on and after the date of this ordinance with respect to the Project with the proceeds of bonds expected to be issued by the City. The maximum principal amount of bonds expected to be issued for the Project is not to exceed $80,000,000.00. This constitutes a declaration of official intent under Treasury Regulation 1-150-2.

 

__________________________________________

 

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.

 

 

  ___________________________________

Debra R. Hinsvark

Director of Finance

 

Approved as to form and legality:

  

 

___________________________________

Heather A. Brown

Assistant City Attorney