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Legislation #: 010510 Introduction Date: 4/5/2001
Type: Ordinance Effective Date: 4/22/2001
Sponsor: None
Title: Appropriating $71,200.00 from Unappropriated Fund Balance of the Equipment Lease Debt Fund; authorizing the Director of Finance to expend up to $71,200.00 to the Internal Revenue Service for arbitrage rebate.

Legislation History
DateMinutesDescription
4/5/2001

Prepare to Introduce

4/5/2001

Referred Finance and Audit Committee

4/11/2001

Advance and Do Pass

4/12/2001

Passed


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ORDINANCE NO. 010510

 

Appropriating $71,200.00 from Unappropriated Fund Balance of the Equipment Lease Debt Fund; authorizing the Director of Finance to expend up to $71,200.00 to the Internal Revenue Service for arbitrage rebate.

 

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That the sum of $71,200.00 is appropriated from the Unappropriated Fund Balance of the Equipment Lease Debt Fund to the following account:

 

01-523-012-9690-G Arbitrage Rebate $71,200.00

 

Section 2. That the Director of Finance is authorized to expend up to $71,200.00 from funds herein appropriated to Account No. 01-523-012-9690-G for arbitrage rebate on the Kansas City Municipal Assistance Corporation Bond Series 1994A.

 

__________________________________________________________________

 

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