KC Skyline

City Clerk Web Search

Search the Ordinances:

Legislation #: 001561 Introduction Date: 11/21/2000
Type: Ordinance Effective Date: 12/24/2000
Sponsor: None
Title: Establishing the 2000B SRF Sewer Revenue Bond Fund; estimating bond proceeds in the 2000B SRF Sewer Revenue Bond Fund in the amount of $11,855,243.00 and appropriating the same to appropriate accounts; estimating revenue in the Sewer Fund in the amount of $32,746.00 from accrued interest; designating requisitioning authority; and authorizing the Director of Finance to close project accounts upon completion.

Legislation History
DateMinutesDescription
11/21/2000

Prepare to Introduce

11/21/2000

Referred Finance and Audit Committee

11/29/2000

Do Pass

11/30/2000

Assigned to Third Read Calendar

12/14/2000

Passed


View Attachments
FileTypeSizeDescription
No attachment(s) found

Printer Friendly Version

 

ORDINANCE NO. 001561

 

Establishing the 2000B SRF Sewer Revenue Bond Fund; estimating bond proceeds in the 2000B SRF Sewer Revenue Bond Fund in the amount of $11,855,243.00 and appropriating the same to appropriate accounts; estimating revenue in the Sewer Fund in the amount of $32,746.00 from accrued interest; designating requisitioning authority; 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 Fund Number 872, 2000B SRF Sewer Revenue Bond Fund, is hereby established in the records of the City of Kansas City, Missouri.

 

Section 2. That the revenues in the following accounts of the 2000B SRF Sewer Revenue Bond Fund are hereby estimated in the following amounts:

 

01-872-080-9000 Proceeds from Sale of Bonds $11,750,000.00

01-872-080-8510 Premium on Notes/Bonds Sold 105,243.00

$11,855,243.00

 

Section 3. That the sum of $11,855,243.00 is hereby appropriated from the Unappropriated Fund Balance of the 2000B SRF Sewer Revenue Bond Fund to the following accounts:

 

01-872-012-9620-B Bond Issue Expense $ 177,416.00

01-872-012-9631-B Discount on Sale of Bonds 73,718.00

01-872-080-7790-T Sewers 9,100,000.00

01-872-080-7791-T Wastewater Facilities 2,500,000.00

Total $11,855,243.00

 

Section 4. That the revenue in the following account of the Sewer Fund is hereby estimated in the following amount:

 

01-811-080-6071 Accrued Interest-Sale of Bonds $ 32,746.00

 

Section 5. That the Director of Finance is hereby designated as requisitioning authority for Account Nos: 01-872-012-9620-B and 01-872-012-9631-B and the Director of Water Services is hereby designated requisitioning authority for Account Nos: 01-872-080-7790-T and 01-872-080-7791-T.

 

Section 6. 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.

 

 

 

____________________________________

Director of Finance

 

Approved as to form and legality:

 

 

 

___________________________________

Assistant City Attorney