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Legislation #: 010670 Introduction Date: 5/3/2001
Type: Ordinance Effective Date: 5/27/2001
Sponsor: None
Title: Estimating and appropriating capitalized interest in the amount of $1,300,000.00 in the Equipment Lease Debt Service Fund; and designating requisitioning authority.

Legislation History
DateMinutesDescription
5/3/2001

Prepare to Introduce

5/3/2001

Referred Finance and Audit Committee

5/9/2001

Do Pass

5/10/2001

Assigned to Third Read Calendar

5/17/2001

Passed


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ORDINANCE NO. 010670

 

Estimating and appropriating capitalized interest in the amount of $1,300,000.00 in the Equipment Lease Debt Service Fund; and designating requisitioning authority.

 

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That the revenue in the following account of the Equipment Lease Debt Service Fund is hereby estimated in the following amount:

 

02-523-012-9009 Proceeds for Capitalized Interest $1,300,000.00

 

Section 2. That the sum of $1,300,000.00 is hereby appropriated from the Unappropriated Fund Balance of the Equipment Lease Debt Service Fund to the following account:

 

02-523-012-9718-G Century Towers Project Debt Service $1,300,000.00

 

Section 3. That the Director of Finance is hereby designated as the requisitioning authority for Account No. 02-523-012-9718-G.

 

__________________________________________________________________

 

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.

 

 

 

____________________________________

Director of Finance

 

Approved as to form and legality:

 

 

 

___________________________________

Assistant City Attorney