File #: 3290    Version: 0 Name: 2000A Leasehold Revenue Bonds
Type: Ordinance Status: Passed
File created: 9/9/2002 In control: Finance and Audit Committee
On agenda: 9/9/2002 Final action: 9/16/2002
Title: AN ORDINANCE authorizing the renewal of the Series 2000A Leasehold Revenue Bond lease between Jackson County, Missouri, and the Jackson County Public Building Corporation, and irrevocably budgeting, appropriating and setting aside County funds in an amount sufficient to pay the anticipated rental payment and additional payments that will become due during the forthcoming renewal terms.
Sponsors: Ronald E. Finley
Indexes: LEASEHOLD REVENUE, PUBLIC BUILDING CORP.

IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI

 

Title

AN ORDINANCE authorizing the renewal of the Series 2000A Leasehold Revenue Bond lease between Jackson County, Missouri, and the Jackson County Public Building Corporation, and irrevocably budgeting, appropriating and setting aside County funds in an amount sufficient to pay the anticipated rental payment and additional payments that will become due during the forthcoming renewal terms.

 

 

Intro

ORDINANCE 3290, September 9, 2002

 

INTRODUCED BY Ronald E. Finley, County Legislator

 

 

Body

WHEREAS, Section 3.3 of the Series 2000A Leasehold Revenue Bond Lease Agreement between Jackson County and the Jackson County Public Building Corporation  require the Jackson County Legislature to annually adopt an Ordinance setting forth:

                     1)  the renewal of each Lease for an additional one-year term; and,

                     2)  an assurance that funding for the rental payments and other additional payments has been encumbered in the County's annual budget; therefore,

 

BE IT ORDAINED by the County Legislature of Jackson County, Missouri, that the lease agreements between Jackson County and the Jackson County Public Building Corporation are hereby renewed for additional one-year terms; and,

 

BE IT FURTHER ORDAINED that County funds have been irrevocably budgeted, appropriated, and set aside in an amount sufficient to pay the anticipated rental payments and additional payments to become due during the forthcoming renewal year.

 

Enacted and Approved

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

 

 

APPROVED AS TO FORM:

 

___________________________                       _________________________________

                                                                                                                                                   County Counselor

 

                     I hereby certify that the attached Ordinance, Ordinance #3290 of September 9, 2002 was duly passed on __________September 16_______________, 2002 by the Jackson County Legislature.  The votes thereon were as follows:

 

 

                     Yeas ______5_________                                          Nays ______0_________

 

                     Abstaining _____0______                                          Absents _____4_______

 

 

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 #3290.

 

 

_________________                                             _________________________________

Date                                                                                                          Katheryn J. Shields, County Executive

 

 

Fiscal Note

Funds sufficient to pay anticipated rental payments and additional payments to become due during the forthcoming renewal year have been included in the 2002 budget in Ordinance 3210.

 

 

__________________                                          _________________________________

Date                                                                                                           Director of the Department  of Finance