ORDINANCE NO. 120195
Estimating revenues in the amount
of $30,035,804.00 in Fund 8072, the 2012A Water Revenue Project Fund and
appropriating the same from the sale of Water Revenue Bonds, Series 2012A;
designating requisitioning authority; and authorizing the Director of Finance
to close project accounts upon project completion.
BE IT ORDAINED BY THE COUNCIL OF
KANSAS CITY:
Section 1. That the
revenue in the following accounts of Fund 8072, 2012A Water Revenue Project
Fund is hereby estimated in the following amounts:
AL-8072-120000-590000 Proceeds from Sale of Bonds $25,225,000.00
AL-8072-120000-485100 Reoffering Premium 4,810,804.00
TOTAL $30,035,804.00
Section
2. That the sum of $30,035,804.00 is hereby appropriated from the
Unappropriated Fund Balance of Fund No. 8072, 2012A Water Revenue Project Fund
to the following accounts:
AL-8072-807703-B-80BUDGET Water
Main Const/Rehab $29,495,334.00
AL-8072-129632-B Original
Issue Discount 73,422.00
AL-8072-129620-B Bond
Issuance Expense 205,000.00 AL-8072-129631-B Underwriter
Discount 252,048.00
AL-8072-129686-B 2012A
Rebate Subaccount 10,000.00
Total
$30,035,804.00
Section
3. That the Director of Finance is hereby designated as requisitioning
authority for account numbers AL-8072-129631-B, AL-8072-129620-B, AL-8072-129632-B,
and AL-8072-129686-B and that the Director of Water Services is hereby
designated as the requisitioning authority for account number AL-8072-807703-B.
Section 4. 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.
Randall
J. Landes
Director
of Finance
Approved
as to form and legality:
Sarah
Baxter
Assistant
City Attorney