ORDINANCE NO. 961113
Estimating revenue in the KCMAC Kemper Arena/Municipal
Auditorium Bond Fund; appropriating from the Unappropriated Fund Balance of the
KCMAC Kemper Arena/Municipal Auditorium Bond Fund; estimating revenue in the
Municipal Auditorium User Fee Fund and appropriating same; estimating revenue
in the General Fund; appropriating from the Unappropriated Fund Balance of the
General Fund; designating requisitioning authority; authorizing the Director of
Finance to close project accounts upon completion; authorizing a contract with
Taylor Ball, L.C., in the amount of $2,347,000.00 for the Municipal Auditorium
Improvements project; authorizing the Director of Public Works to expend
$2,460,000.00 in previously appropriated funds for the project; 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 Kemper Arena/Municipal Auditorium Bond Fund is hereby
estimated in the following additional amount:
97-396-012-9000 Proceeds from Sale of
Bonds $4,000,000.00
Section 2. That the sum of $8,721,607.00 is hereby
appropriated from the Unappropriated Fund Balance of the KCMAC Kemper Arena/Municipal
Auditorium Bond Fund to the following accounts:
97-396-012-9612B Capitalized
Interest $2,000,000.00 97-396-012-9620B Bond Issue
Expense 400,000.00 97-396-012-9631B Discount on
Sale of Bonds 175,000.00 97-396-089-7746T Kemper
Arena Remodeling 3,636,607.00 97-396-089-7747T Municipal
Auditorium Arena Remodeling
2,510,000.00 $8,721,607.00
Section 3. That the revenue in the following
account of the Municipal Auditorium User Fee Fund is hereby estimated in the
following additional amount:
97-632-063-5711 Municipal Auditorium User
Fees $ 38,559.00
Section 4. That the sum of $38,559.00 is hereby
appropriated from the Unappropriated Fund Balance of the Municipal Auditorium
User Fee Fund to the following account:
97-632-012-9001B Transfer to General
Fund $ 38,559.00
Section 5. That the revenue in the following
accounts of the General Fund is hereby estimated in the following amounts:
97-100-012-6071 Accrued Interest-Sale of
Bonds $ 21,650.00 97-100-012-9240 Transfer from User Fee
Fund 38,559.00 97-100-063-5700 American Royal
Concessions 192,000.00 97-100-063-5710 Arena User
Fees
350,000.00 $ 602,209.00
Section 6. That the appropriation in the following
account of the General Fund is hereby increased by the following amount:
97-100-012-9600G Debt
Service $ 602,209.00
Section 7. That the Director of Finance is hereby
designated requisitioning authority for Account Nos. 396-012-9612,
396-012-9620, 396-012-9631 and 632-012-9001.
Section 8. That the Director of Finance is hereby
authorized to close project accounts upon project completion and return the
unspent portion of the appropriation to the Fund Balance from which it came.
Section 9. That the work of constructing
improvements for the Municipal Auditorium, 13th Street and Wyandotte, Kansas
City, Missouri, is hereby provided for and authorized.
Section 10. That the work shall be done in
accordance with the plans, specifications, and the contract therefor between
Kansas City, Missouri, through its Director of Public Works, and Taylor Ball,
L.C., in the amount of $2,347,000.00, which contract is hereby approved and
confirmed. A copy of the contract is on file in the office of the Director of
Public Works and is incorporated herein by reference.
Section 11. That the Director of Public Works is
hereby authorized to expend the sum of $2,460,000.00 from funds heretofore
appropriated to Account No. 97-396-089-7747T as and for consideration in the
aforesaid contract and related contingencies.
Section 12. 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.
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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.
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Director of Finance
Approved as to form and
legality:
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Assistant City Attorney