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Legislation #: 930448 Introduction Date: 4/29/1993
Type: Ordinance Effective Date: 5/13/1993
Sponsor: None
Title: Estimating revenue in the KCMAC Leasehold Revenue Capital Improvement Fund 1991 in the total amount of $6,597,000.00; appropriating said sum to Brush Creek project accounts; designating requisitioning authority; and recognizing an emergency.

Legislation History
DateMinutesDescription
4/29/1993

Prepare to Introduce

4/29/1993

Referred Finance Committee

5/5/1993

Do Pass

5/6/1993

Assigned to Third Read Calendar

5/13/1993

Passed


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ORDINANCE NO. 930448

 

Estimating revenue in the KCMAC Leasehold Revenue Capital Improvement Fund 1991 in the total amount of $6,597,000.00; appropriating said sum to Brush Creek project accounts; designating requisitioning authority; and recognizing an emergency.

 

WHEREAS, to provide funds for projects included in the Sales Tax Bond program, a bond sale is being planned for Kansas City Municipal Assistance Corporation in the summer of 1993; and

 

WHEREAS, in order to meet funding needs of the Brush Creek project prior to completion of the bond sale, the Pubic Works and Parks and Recreation Departments have requested an advance of funds to begin construction; NOW, THEREFORE,

 

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That the revenue in the following account of the KCMAC Leasehold Revenue Capital Improvement Fund 1991 is hereby estimated in the following amount:

 

388-012-9002 Proceeds Bond Sale-Const. & $6,597,000.00 Acquisition

 

Section 2. That the sum of $6,597,000.00 is hereby appropriated from the Unappropriated Fund Balance of the KCMAC Leasehold Revenue Capital Improvement Fund 1991, to the following accounts:

 

388-089-7776T Brush Creek Appraisals & $ 525,000.00 Right-of-Way

388-089-7411T Rockwell Bridge 972,000.00 388-070-7552T Lake Eight Brush Creek 5,100,000.00 Total $6,597,000.00

 

Section 3. That the Director of Public Works is hereby designated requisitioning authority for Account Nos. 388-089-7776 and 388-089-7411, and the Board of Parks and Recreation Commissioners is hereby designated requisitioning authority for Account No. 388-070-7552.

 

Section 4. 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