IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI
Title
A RESOLUTION transferring $500,000.00 within the 2004 Special Road & Bridge Fund in connection with the Jackson County Public Building Corporation Leasehold Revenue Bonds, Series 2000A.
Intro
RESOLUTION # 15096, July 12, 2004
INTRODUCED BY Bob Spence, County Legislator
Body
WHEREAS, in the 2004 budget, $500,000.00 was appropriated for payment of debt service on the Jackson County Public Building Corporation Leasehold Revenue Bonds, Series 2000A, which funded the new Grain Valley public works facility; and,
WHEREAS, due to a scaling back of this project, sufficient residual bond proceeds exist in the project fund to cover the remaining scheduled debt service payment due in fiscal year 2005, with no additional payment being due in 2004; and,
WHEREAS, a transfer within the Special Road & Bridge Fund is necessary to make these excess 2004 funds available in connection with the new Public Works Technology Center; and,
WHEREAS, the County Executive has recommended said transfer; now therefore,
BE IT RESOLVED by the County Legislature of Jackson County, Missouri, that the following transfer made within the 2004 Special Road & Bridge Fund:
DEPARTMENT/DIVISION CHARACTER/DESCRIPTION FROM TO
Special Road & Bridge Fund
Operating Transfers Out
004-9100 6105 - Operating Transfers Out $500,000
Office of the Director
004-1501 8020 - Buildings and Improvements $500,000
Enacted and Approved
Effective Date: This Resolution shall be effective immediately upon its passage by a majority of the Legislature.
APPROVED AS TO FORM:
______________________________ ___________________
Acting County Counselor
Certificate of Passage
I hereby certify that the attached resolution, Resolution # 15096 of July 12, 2004, was duly passed on ________July 19__________________, 2004 by the Jackson County Legislature. The votes thereon were as follows:
Yeas _________6__________ Nays _________0__________
Abstaining _______0________ Absent _______3___________
______________________ _________________________________
Date Mary Jo Spino, Clerk of Legislature
Fiscal Note
Funds sufficient for this transfer are available from the source indicated below.
ACCOUNT NUMBER: 004 9100 6105
ACCOUNT TITLE: Special Road & Bridge Fund
Operating Transfers Out
Operating Transfers Out
NOT TO EXCEED: $500,000.00
________________________ ________________________________
Date Director of the Department of Finance