File #: 3664    Version: 0 Name: Correct errors - Public Building Corporation Capital Projects Fund.
Type: Ordinance Status: Passed
File created: 8/22/2005 In control: County Legislature
On agenda: 8/22/2005 Final action: 8/22/2005
Title: AN ORDINANCE to correct errors in Ordinance 3657 adopted on August 8, 2005 setting forth the appropriations of the Public Building Corporation Capital Projects Fund and transfers to the Public Building Corporation Debt Service Fund for debt service costs of the 2005 bond issue.
Sponsors: Henry C. Rizzo
Indexes: ORD. #3657, PUBLIC BUILDING CORP.

IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI

 

 

Title

AN ORDINANCE to correct errors in Ordinance 3657 adopted on August 8, 2005 setting forth the appropriations of the Public Building Corporation Capital Projects Fund and transfers to the Public Building Corporation Debt Service Fund for debt service costs of the 2005 bond issue.

 

 

Intro

ORDINANCE # 3664,    August 22, 2005

 

INTRODUCED BY  Henry C. Rizzo,  County Legislator

 

 

Body

WHEREAS, by Ordinance 3657, dated August 8, 2005, the Legislature did appropriate the proceeds from the Jackson County Public Building Corporation Leasehold Revenue Bonds (Capital Improvement Project) Series 2005; and,

 

WHEREAS, by Ordinance 3657, dated August 8, 2005, the Legislature did also approve transfers in the amount of $839,325.00 to pay for the debt service cost of the Jackson County Public Building Corporation Leasehold Revenue Bonds (Capital Improvement Project) Series 2005; and,

 

WHEREAS, by error  the sum of $68,809.00 was shown to be transferred from account code 045-1902-8171 when in fact only $47,809.00 was available, and an additional transfer of $22,000.00 was needed from account  045-1902-8020 for the total transfer of $68,809.00; now therefore,

 

 

BE IT ORDAINED by the County Legislature of Jackson County, Missouri, that the following transfers for reversal of the error and setting forth the correct source of the appropriation within the 2005 Assessment Reimbursement Fund be and hereby are made:

 

DEPARTMENT/DIVISION                                          CHARACTER/DESCRIPTION                     FROM                     TO 

 

ASSESSMENT REIMBURSEMENT FUND

 

Reversing the transaction:                                                                                                                                                                                                                                       

Operating Transfers Out

045-9100                                                                                    6105 - Operating Transfers Out                      $22,000                                          

Assessment Department

045-1902                                                                                    8171 - Personal Computers                                                  $22,000

 

 

Correcting the transaction:

                                                                                                                                                                                                                                       

Assessment Department

045-1902                                                                                    8020 - Building and Improvements   $22,000                                          

                                                                                                                                                                                             

Operating Transfers Out

045-9100                                                                                    6105 - Operating Transfers Out                                                  $22,000

 

 

Enacted and Approved

Effective Date:  This ordinance shall be effective immediately upon its signature by the County Executive.

 

APPROVED AS TO FORM:

 

___________________________                     _____________________________

Acting Chief Deputy County Counselor                                           County Counselor

 

                     I hereby certify that the attached Ordinance, Ordinance # 3664 introduced on August 22, 2005, was duly passed on ___________August 22________________, 2005 by the Jackson County Legislature.  The votes thereon were as follows:

 

                     Yeas _______8________                                          Nays ______0_______

 

                     Abstaining _____0______                                          Absent _____1_______

 

This Ordinance is hereby transmitted to the County Executive for her signature.

 

____________________                                          ________________________________

Date                                                                                                         Mary Jo Spino, Clerk of Legislature

 

I hereby approve the attached Ordinance # 3664.

 

____________________                                          ________________________________

Date                                                                                                         Katheryn J. Shields, County Executive

 

 

Fiscal Note

Funds sufficient for this transfer are available from the source indicated below.

 

ACCOUNT NUMBER:                     045-1902-6080

ACCOUNT TITLE:                                          Assessment Reimbursement Fund

                                                                                    Assessment Department

                                                                                    Other Professional Services

NOT TO EXCEED:                                          $68,809.00

 

 

 

 

 

 

______________________                                          _________________________________

Date                                                                                                                              Director of the Department of Finance