ORDINANCE NO. 050105
Establishing the Series 2005B
Sanitary Sewer Revenue Bond Project Fund (Fund No. 8181); estimating bond
proceeds in the amount of $15,737,831.00 in the Series 2005B Sanitary Sewer
Revenue Bond Project Fund (Fund No. 8181) and appropriating them; estimating
revenue in the Sewer Fund (Fund No. 8110) in the amount of $8,319.00
representing accrued interest; designating requisitioning authorities; and
authorizing the Director of Finance to close project accounts upon completion.
BE IT ORDAINED
BY THE COUNCIL OF KANSAS CITY:
Section 1. That
the Fund No. 8181, Series 2005B Sanitary Sewer Revenue Bond Project Fund, is
hereby established in the records of the City of Kansas City, Missouri.
Section 2.
That the revenue in the following accounts of the Fund 8181, Series 2005B
Sanitary Sewer Revenue Bond Project Fund is hereby estimated in the following
amounts:
AL-8181-800000-590000
Proceeds from Sale of Bonds $15,550,001.00
AL-8181-800000-485100
Premium on Bonds Sold 187,830.00
TOTAL $15,737,831.00
Section 3. That
the sum of $15,737,831.00 is hereby appropriated from the Unappropriated Fund
Balance of the Fund 8181, Series 2005B Sanitary Sewer Revenue Bond Project Fund
to the following accounts:
AL-8181-129632-B Original
Issue Discount $ 95,221.00
AL-8181-129620-B Bond
Issue Expense 182,000.00
AL-8181-129631-B Underwriters
Discount on Sale of 92,610.00
Bonds
AL-8181-807790-B Sewers
4,868,000.00
AL-8181-807792-B Design Allowances _500,000.00
TOTAL $15,737,831.00
Section 4. That
the revenue in the following account of the Fund 8110, Sewer Fund is hereby
estimated in the following amount:
AL-8110-120000-126071 Accrued
Interest-Sale of Bonds $ 8,319.00
Section 5. That
the Acting Director of Finance is hereby designated as the requisitioning
authority for Account Nos. AL-8181-129620, AL-8181-129631 and AL-8181-129632;
and the Director of Water Services is hereby designated as the requisitioning
authority for Account Nos. AL-8181-807790 and AL-8181-807792.
Section 6. 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.
___________________________________
Wanda
Gunter
Acting
Director of Finance
Approved
as to form and legality:
___________________________________
Heather
A. Brown
Assistant City Attorney