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Legislation #: 920357 Introduction Date: 4/2/1992
Type: Ordinance Effective Date: 4/16/1992
Sponsor: None
Title: Estimating revenue, reducing appropriations and appropriating funds in the KCMAC Bartle Hall Leasehold Improvement Fund; transferring funds to the Convention and Sports Complex Fund and appropriating funds for debt service; estimating revenue, reducing appropriations and appropriating funds in the Convention and Tourism Fund to pay for expenses; estimating revenue in the KCMAC Bartle Hall Leasehold Improvement Fund in the amount of $545,701.00; appropriating $6,059,303.00 from the KCMAC Bartle Hall Leasehold Improvement Fund to the Convention and Sports Complex Fund; appropriating $2,669,115.00 from the Convention and Sports Complex Fund to the Convention and Tourism Fund and to the Bartle Hall Expansion; reestimating the revenue in the Convention and Tourism Fund in the amount of $1,389,281.00 Transfer from the Convention and Sports Complex Fund; appropriating $1,389,281.00 from the Convention and Tourism Fund to the account for state assistance; and recognizing an emergency.

Legislation History
DateMinutesDescription
4/2/1992

Prepare to Introduce

4/2/1992

Referred Finance Committee

4/8/1992

Do Pass

4/9/1992

Assigned to Third Read Calendar

4/16/1992

Passed


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ORDINANCE NO. 920357

 

Estimating revenue, reducing appropriations and appropriating funds in the KCMAC Bartle Hall Leasehold Improvement Fund; transferring funds to the Convention and Sports Complex Fund and appropriating funds for debt service; estimating revenue, reducing appropriations and appropriating funds in the Convention and Tourism Fund to pay for expenses; estimating revenue in the KCMAC Bartle Hall Leasehold Improvement Fund in the amount of $545,701.00; appropriating $6,059,303.00 from the KCMAC Bartle Hall Leasehold Improvement Fund to the Convention and Sports Complex Fund; appropriating $2,669,115.00 from the Convention and Sports Complex Fund to the Convention and Tourism Fund and to the Bartle Hall Expansion; reestimating the revenue in the Convention and Tourism Fund in the amount of $1,389,281.00 Transfer from the Convention and Sports Complex Fund; appropriating $1,389,281.00 from the Convention and Tourism Fund to the account for state assistance; and recognizing an emergency.

 

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That the revenue in the following account of the KCMAC Bartle Hall Leasehold Improvement Fund 1991 is hereby reestimated in the following additional amount:

 

686-039701 Interest on Investments Held by $ 545,701.00 Trustee

 

Section 2. That the appropriation in the following account of the KCMAC Bartle Hall Leasehold Improvement Fund 1991 is hereby reduced by the following amount:

 

686-95617G Capitalized Interest for Debt $5,513,602.00 Service

 

Section 3. That the sum of $6,059,303.00 is hereby appropriated from the Unappropriated Fund Balance of the KCMAC Bartle Hall Leasehold Improvement Fund 1991, Account No. 686-801, to the following account:

 

686-95831B Transfer to Convention and $6,059,303.00 Sports Complex Fund

 

Section 4. That the revenue in the following account of the Convention and Sports Complex Fund is hereby estimated in the following amount:

 

037-090170 Transfer from KCMAC Bartle Hall $2,725,200.00 Leasehold Improvement Fund 1991

 

Section 5. That the sum of $2,669,115.00 is hereby appropriated from the Unappropriated Fund Balance of the Convention and Sports Complex Fund, Account No. 037-801, to the following accounts:

 

037-95822B Transfer to Convention and $1,389,281.00 Tourism Fund

037-95610G Bartle Hall Expansion 1,279,834.00 $2,669,115.00

 

Section 6. That the revenue in the following account of the Convention and Tourism Fund is hereby reestimated in the following additional amount:

 

036-090822 Transfer from Convention and $1,389,281.00 Sports Complex Fund

 

Section 7. That the following account of the Convention and Tourism Fund is hereby reduced by the following amount:

 

036-83200A Convention Center $1,246,054.00

 

Section 8. That the sum of $1,389,281.00 is hereby appropriated from the Unappropriated Fund Balance of the Convention and Tourism Fund, Account No. 036-801, to the following account:

 

036-83206A State Assistance $1,389,281.00

 

Section 9. That the Director of Finance is authorized to transfer expenditures in Account No. 036-83200A Convention Center to Account No. 036-83206A State Assistance.

 

Section 10. That the Director of Finance is hereby designated requisitioning authority for Account No. 686-95831.

 

Section 11. That this ordinance, making an appropriation for the current expense of the City government, is recognized as an emergency measure within the provisions of Section 15, Article II of the Charter of Kansas City, and shall take effect immediately upon passage.

 

_______________________________________________________

 

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