Last Published: 10/8/2007 11:51:30 AM
KANSAS CITY COUNCIL RECORD
 
Upon Roll Call the following members were present:
Present:4 - CHARLES EDDY, ALVIN BROOKS, BILL SKAGGS, TERRY RILEY
 

050544
(Sub.)
Approving the issuance of Improvement and Refunding Revenue Bonds (Municipal Auditorium Garage Improvements and Muehlebach Hotel Refunding Projects) Series 2005E, by the Land Clearance for Redevelopment Authority of Kansas City, Missouri (the “Authority”), in an aggregate principal amount not to exceed $36,000,000.00, as fixed interest rate bonds, to provide funds to currently refund the Authority’s Series 1995A Bonds and to finance certain improvements to the Municipal Auditorium Plaza Garage; and authorizing and approving certain documents and actions in connection with the issuance of such bonds.


FINANCE AND AUDIT COMMITTEE recommends "HOLD ON AGENDA (5/25/2005)"

050545
Reducing an appropriation and appropriating the sum of $600,000.00 to an account in the GO Bond Series 2003F Fund; and designating requisitioning authority.


FINANCE AND AUDIT COMMITTEE recommends "ADVANCE AND DO PASS, DEBATE"
Patreick Klein, Public Works, explained the purpose of the ordinance. No public testimony.
Ayes: 3 - Eddy, Brooks, Skaggs
Nays: 0

050546
(Sub.)
Reducing appropriations and a revenue estimate in the East Park Fund; reducing an appropriation in the General Fund; and appropriating funds to the Downtown Park Maintenance account in the General Fund.


FINANCE AND AUDIT COMMITTEE recommends "ADVANCE AND DO PASS AS A COMMITTEE SUBSTITUTE, DEBATE"

Ayes: 3 - Eddy, Brooks, Skaggs
Nays: 0

050553
(Sub.)
Providing for submission to the qualified voters of the City for their approval at an election called for Tuesday, August 2, 2005, the question of authorizing the issuance and sale of negotiable interest bearing waterworks revenue bonds of the City in the principal amount of $250,000,000.00 for the purpose of extending and improving the waterworks system of the City; directing the City Clerk to notify the responsible election authorities of this election; recognizing this ordinance to be an emergency measure; and declaring the effective date of the authorization.


FINANCE AND AUDIT COMMITTEE recommends "ADVANCE AND DO PASS AS A COMMITTEE SUBSTITUTE, DEBATE"
Frank Pogge, Water Serivces, explained the purpose of the ordinance and answered questions from the committee. Mr. Pogge distributed a list of projects to be funded by the bonds to the committee. Councilwoman Becky Nace testified in support of the ordinance and associated economic development possibilities. Councilwoman Deb Hermann testified in support of the ordinance and voiced the need for a cost analysis. Councilman Riley voiced concern regarding a future need for a rate increase. Lee Darrell, Chamber of Commerce, testified in support of the ordinance with emphasis on the need to upgrade the system. Jim Kissig, Heavy Construction Association, testified in support of the bond issue.
Ayes: 4 - Eddy, Brooks, Skaggs, Riley
Nays: 0

050554
(Sub.)
Providing for submission to the qualified voters of the City for their approval at an election called for Tuesday, August 2, 2005, the question of authorizing the issuance and sale of negotiable interest bearing wastewater revenue bonds of the City in the principal amount of $250,000,000.00 for the purpose of extending and improving the wastewater system of the City; directing the City Clerk to notify the responsible election authorities of this election; recognizing this ordinance to be an emergency measure; and declaring the effective date of the authorization.


FINANCE AND AUDIT COMMITTEE recommends "ADVANCE AND DO PASS AS A COMMITTEE SUBSTITUTE, DEBATE"
Frank Pogge, Water Services, explained the purpose of the ordinance and answered questions from the committee. Mr. Pogge emphasized the need for updating the wastewater system of the City. No public testimony.
Ayes: 4 - Eddy, Brooks, Skaggs, Riley
Nays: 0
 
 There will be a presentation from City Staff and PAC representatives regarding the purchase of the PAC land needed for the Ballroom.