IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI
Title
AN ORDINANCE appropriating $3,872,723.00 from the undesignated fund balance of the 2012 Special Obligation Bond - Capital Project Fund in acceptance of bond proceeds from tax-exempt special obligation bonds (MyARTS Building Project), Series 2010 and (Truman Sports Complex/Truman Medical Center Projects), Series 2011.
Intro
ORDINANCE #4410, April 23, 2012
INTRODUCED BY Scott Burnett, County Legislator
Body
WHEREAS, by Ordinance 4273, dated November 29, 2010, the Legislature did authorize the issuance of $1,180,000.00 principal amount of tax-exempt special obligation bonds (MyARTS Building Project), Series 2010; and,
WHEREAS, by Ordinance 4295, dated February 22, 2011, the Legislature did authorize the issuance of $39,500,000.00 principal amount of special obligation refunding and improvement bonds (Truman Sports Complex/Truman Medical Center Projects), Series 2011; and,
WHEREAS, due to an oversight, the appropriation of the remaining bond proceeds for these two projects was inadvertently left out of the 2012 Special Obligation Bond - Capital Project Fund in the adoption of the 2012 budget; and,
WHEREAS, an appropriation is necessary to place the necessary funds in the appropriate spending accounts; now therefore,
BE IT ORDAINED by the County Legislature of Jackson County, Missouri, that the following appropriation from the 2012 Special Obligation Bond - Capital Project Fund be and hereby is made:
DEPARTMENT/DIVISION CHARACTER/DESCRIPTION FROM TO
Special Obligation Bond - C/P
014-2810 Undesignated Fund Balance $3,872,723
Special Obligation Bond - C/P
Truman Medical Center
014-2600 58020 - Buildings and Improvements $3,691,540
Special Obligation Bond - C/P
MyARTS Building Project
014-5013 58020 - Buildings and Improvements $ 181,183
Enacted and Approved
Effective Date: This ordinance shall be effective immediately upon its signature by the County Executive.
APPROVED AS TO FORM:
___________________________ _____________________________
Senior Deputy County Counselor County Counselor
I hereby certify that the attached Ordinance, Ordinance #4410 introduced on April 23, 2012, was duly passed on April 30, 2012 by the Jackson County Legislature. The votes thereon were as follows:
Yeas ______9_________ Nays ______0_______
Abstaining _____0_____ Absent ______0_____
This Ordinance is hereby transmitted to the County Executive for his signature.
____________________ ________________________________
Date Mary Jo Spino, Clerk of Legislature
I hereby approve the attached Ordinance #4410.
____________________ ________________________________
Date Michael D. Sanders, County Executive
Fiscal Note
Funds sufficient for this appropriation are available from the source indicated below.
ACCOUNT NUMBER: 001 2810
ACCOUNT TITLE: Special Obligation Bond - C/P
Undesignated Fund Balance
NOT TO EXCEED: $3,872,723.00
______________________ _________________________________
Date Director of Finance and Purchasing