COMMITTEE SUBSTITUTE
FOR ORDINANCE NO. 050106
Amending the name of the 2004C
MDNR Sanitary Sewer Loan Project Fund (Fund No 8178), estimating bond proceeds
from the sale of Sanitary Sewer System SRF Revenue Bonds, Series 2004H in the
amount of $11,011,318.00 and appropriating them; designating requisitioning
authorities; and authorizing the Director of Finance to close project accounts
upon completion.
BE IT ORDAINED
BY THE COUNCIL OF KANSAS CITY:
Section 1. That
the name of Fund No. 8178, 2004C MDNR Sanitary Sewer Loan Project Fund, is
hereby amended to 2004C MDNR Loan/2004H Sewer SRF Bond Fund, in the records
of the City of Kansas City, Missouri.
Section 2. That the
revenue in the following accounts of the 2004C MDNR Loan/2004H Sewer SRF Bond
Fund (Fund No. 8178), is hereby estimated in the following amounts:
AL-8178-800000-590000
Proceeds from Sale of Bonds $10,500,000.00
AL-8178-800000-485100
Premium on Bonds Sold 511,318.00
TOTAL $11,011,318.00
Section 3. That
the sum of $11,011,318.00 is hereby appropriated from the Unappropriated Fund
Balance of the 2004C MDNR Loan/2004H Sewer SRF Bond Fund (Fund No. 8178) to the
following accounts:
AL-8178-129632-B
Original Issue Discount $
25,251.00
AL-8178-129631-B
Underwriters Discount on Sale of Bonds 65,419.00
AL-8178-129620-B Bond
Issue Expense 138,270.00
AL-8178-129679-B Loan Repayment 10,000,000.00
AL-8178-807790-B Sewers 782,378.00
TOTAL $11,011,318.00
Section
4. That the Director of Finance is hereby designated as the requisitioning
authority for Account Nos. AL-8178-129620, AL-8178-129631, AL-8178-129632 and
AL-8178-129679, and the Director of Water Services is hereby designated as the
requisitioning authority for Account No. AL-8178-807790.
Section 5. 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.
_____________________________________________
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.
___________________________________
Wanda
Gunter
Acting
Director of Finance
Approved
as to form and legality:
___________________________________
Heather
A. Brown
Assistant City Attorney