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Legislation #: 900777 Introduction Date: 12/6/1990
Type: Ordinance Effective Date: none
Sponsor: COUNCILMEMBER LEWELLEN
Title: Appropriating One Hundred Twenty Thousand Dollars ($120,000.00) from the Tax Increment Financing Special Allocation Account for repayment of expenses associated with the West 46th Street Terrace Tax Increment Financing Project.

Legislation History
DateMinutesDescription
12/6/1990

Prepare to Introduce

12/6/1990

Referred Finance Committee

12/12/1990

Do Pass

12/13/1990

Assigned to Third Read Calendar

12/20/1990

Passed


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ORDINANCE NO. 900777

 

Appropriating One Hundred Twenty Thousand Dollars ($120,000.00) from the Tax Increment Financing Special Allocation Account for repayment of expenses associated with the West 46th Street Terrace Tax Increment Financing Project.

 

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That the revenue in the following account of the Tax Increment Financing Special Allocation Fund is hereby reestimated in the following additional amount:

 

615-10700 Real Estate Tax Increment $120,000.00

 

Section 2. That the sum of $120,000.00 is hereby appropriated from the Unappropriated Fund Balance of the Tax Increment Financing Special Allocation Fund, Account 615-801, to the following account in the Tax Increment Allocation Fund:

 

615-95540-B Tax Increment Project Cost $120,000.00 West 46th Street Terrace

 

Section 3. Authorizing the Director of Finance to expend $120,000.00 for repayment of expenses associated with the West 46th Street Terrace Tax Increment Financing Project.

 

_____________________________________________

 

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