ORDINANCE NO. 061324
Estimating, appropriating, and
authorizing the Director of Parks and Recreation to expend $1,500,000.00 for
the replacement of seating at the Starlight outdoor theatre; authorizing the
Director of Finance to return unexpended appropriations to the appropriate
account; declaring the Citys intent to reimburse itself for certain
expenditures.
BE IT ORDAINED
BY THE COUNCIL OF KANSAS CITY:
Section 1. That the revenue in the following account of the 2006
GO Bond Fund is hereby estimated in the following amount:
AL-3392-120000-590000 Proceeds
from Sale of Bonds $1,500,000.00
Section 2. That the sum of $1,500,000.00 is hereby appropriated
from the Unappropriated Fund Balance of the 2006 GO Bond Fund to the following
account:
AL-3392-708709-B Starlight
Theatre $1,500,000.00
Section 3. That the Director of Parks and Recreation is hereby
designated as requisitioning authority for Account No. AL-3392-708709.
Section 4. That upon completion of the final costs of this
contract, the Director of Finance is hereby authorized to return the unexpended
portion of this appropriation to the Unappropriated Fund Balance from which it
was derived.
Section 5. 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 Starlight Theatre
("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
Project is not to exceed $80,000,000. This constitutes a declaration of
official intent under Treasury Regulation 1-150-2.
_____________________________________________
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.
___________________________________
Debra
R. Hinsvark
Director
of Finance
Approved
as to form and legality:
___________________________________
Kathy
Adams
Assistant City Attorney