KC Skyline

City Clerk Web Search

Search the Ordinances:

Legislation #: 090689 Introduction Date: 8/6/2009
Type: Ordinance Effective Date: 8/23/2009
Sponsor: COUNCILMEMBER FORD
Title: Authorizing the Director of Finance to make mid-year adjustments to certain accounts including appropriating Unappropriated Fund Balance within the Capital Improvement Sales Tax Fund, in the amount of $300,000.00; estimating additional revenues; and increasing appropriations within the PILOTs (6830) Fund.

Legislation History
DateMinutesDescription
8/6/2009 Filed by the Clerk's office
8/6/2009 Referred to Finance and Audit Committee
8/12/2009 Advance and Do Pass, Consent
8/13/2009 Passed

View Attachments
FileTypeSizeDescription
090689.pdf Authenticated 76K AUTHENTICATED
Fiscal Note.xls Fiscal Note 47K Fiscal Note
Fact Sheet.xls Fact Sheet 38K Fact Sheet
http://kansascity.granicus.com/ViewSearchResults.php?view_id=2&keywords=090689 Video Link 0K http://kansascity.granicus.com/ViewSearchResults.php?view_id=2&keywords=090689

Printer Friendly Version

ORDINANCE NO. 090689

Authorizing the Director of Finance to make mid-year adjustments to certain accounts including appropriating Unappropriated Fund Balance within the Capital Improvement Sales Tax Fund, in the amount of $300,000.00; estimating additional revenues; and increasing appropriations within the PILOTs (6830) Fund.

 

WHEREAS, the City entered into a Financing Agreement with The Industrial Development Authority of the County of Platte County, Missouri, Platte County Missouri, South Transportation Development District I and Platte County, Missouri South Transportation Development District II in October 2007; and

WHEREAS, the City agreed to semi-annually transfer the Capital Improvement Sales Taxes generated and collected in Zona Rosa Phase II in an amount not to exceed the upcoming Debt Service payment for the Industrial Development Authority of the County of Platte County, Missouri Transportation Revenue Bonds Series 2007; NOW THEREFORE,

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

Section 1. That the sum of $300,000.00 is hereby appropriated from the Unappropriated Fund Balance of the Capital Improvements Sales Tax Fund, No. 3090, to the following account in the Capital Improvements Sales Tax Fund:

10-3090-129998-906830 Tfr to PILOT Fund $300,000.00

Section 2. That the revenue in the following account of the PILOT Fund, No. 6830 is hereby re-estimated in the following additional amount:

10-6830-120000-503090 Tfr from Capital Imp Sales Tax $300,000.00

Section 3. That the sum of $300,000.00 is hereby appropriated from the Unappropriated Fund Balance of the PILOT Fund, No. 6830, to the following account in the PILOT Fund:

10-6830-129290-B Zona Rosa Sales Tax $300,000.00

 

_____________________________________________

 


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.

 

 

___________________________________

Jeffrey A. Yates

Director of Finance

 

Approved as to form and legality:

 

 

___________________________________

Heather A. Brown

Assistant City Attorney