ORDINANCE NO. 120191
Renaming Fund 3398, the 2011B GO
Bond Fund, to the 2012A GO Bond Fund; estimating and appropriating
$3,000,000.00 from the anticipated sale of general obligation bonds;
transferring appropriations between business units; designating requisitioning
authority; declaring City’s intent to reimburse itself for certain expenditures
and recognizing an emergency.
WHEREAS, on January
24, 2012, the Board of Police Commissioners authorized funding of $342,620.00
to the City for construction of the new East Patrol Campus; NOW, THEREFORE,
BE IT ORDAINED BY THE
COUNCIL OF KANSAS CITY:
Section 1. That
Fund 3398, 2011B GO Bond Fund, is renamed to the 2012A GO Bond Fund in the
records of the City of Kansas City, MO.
Section 2. That
revenue in the following account of the 2012A GO Bond Fund is estimated in the
following amount:
AL-3398-120000-590000 Proceeds
from Sale of Bonds $3,000,000.00
Section 3. That
$3,000,000.00 is appropriated from the Unappropriated Fund Balance of the 2012A
GO Bond Fund to the following account in the 2012A GO Bond Fund:
AL-3398-129998-902600 Transfer
to CDBG $3,000,000.00
Section 4. That
the revenue is estimated in the following account of the Community Development
Block Grant:
12-2600-550001-480020 Recaptured
HUD Funds $3,000,000.00
Section 5. That
the sum of $3,000,000.00 is appropriated from the Unappropriated Fund Balance
of the Community Development Block Grant to the following account:
12-2600-555318-B-G55CDBG11 East
Patrol Campus $3,000,000.00
Section 6. That
the following account in the Public Safety Sales Tax Fund is hereby reduced by
the following amount:
KCPDU 12-2320-217016-B East
Patrol Campus $342,620.00
Section 7. That
the following revenue account in the Public Safety Sales Tax Fund is hereby
reduced by the following amount:
KCPDU 12-2320-210000-599900
Transfer from KCMBU $342,620.00
Section 8. That
the following account in the Public Safety Sales Tax Fund is hereby reduced by
the following amount:
KCMBU 12-2320-129996-X Transfer
to KCPDU $342,620.00
Section 9. That the
sum of $342,620.00 is appropriated from the Unappropriated Fund Balance of the
Public Safety Sales Tax to the following account in the Public Safety Sales
Tax:
KCMBU 12-2320-878023-B-07000168 East
Patrol Campus $342,620.00
Section 10. That
the Director of the Capital Projects Department is designated as requisitioning
authority for the following account in the 2012A GO Bond Fund: 878023.
Section 11. That
the Director of the Capital Projects Department is designated as requisitioning
authority for the following account in the Community Development Block Grant Fund:
555318.
Section 12. That the Director of Finance
is hereby authorized to close the project accounts upon project completion and
return the unspent portion of the appropriations to the Fund Balance from which
they came.
Section 13. That the City declares its
intent to reimburse itself for certain expenditures made within sixty (60) days
prior to or on and after the date of this Ordinance with respect to the East
Patrol Campus Project with the proceeds of bonds expected to be issued by the
City. The maximum principal amount of bonds expected to be issued for
the East Patrol Campus Project is not to exceed $3,000,000.00. This constitutes
a declaration of official intent under Treasury Regulation 1-150-2.
Section 14. That
this ordinance is recognized as an emergency measure within the provisions of
Section 503 of the City Charter in that it appropriates money, and shall take
effect in accordance with that section
_____________________________________________
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.
___________________________________
Randall
J. Landes
Director
of Finance
Approved
as to form and legality:
___________________________________
M.
Margaret Sheahan Moran
Assistant City Attorney