IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI
Title
A RESOLUTION transferring $307,091.00 within the 2018 Special Road and Bridge Fund to cover the cost of debt service on the 2013 and 2015 Bonds.
Intro
RESOLUTION NO. 20031, November 5, 2018
INTRODUCED BY Dennis Waits, County Legislator
Body
WHEREAS, the County has a need to pay debt service on certain outstanding 2013 and 2015 bonds; and,
WHEREAS, a transfer is required to place the funds necessary for this payment in the proper spending account; and,
WHEREAS, this Resolution will require the adoption of Ordinance 5170, dated November 5, 2018, to take effect; now therefore,
BE IT RESOLVED by the County Legislature of Jackson County, Missouri, that the following transfer within the 2018 Special Road and Bridge Fund be and hereby is made:
DEPARTMENT/DIVISION CHARACTER/DESCRIPTION FROM TO
Special Road and Bridge Fund
Road & Bridge Maintenance
004-1506 58040- Road & Highways $307,091
004-9100 56105- Operating Transfers Out $307,091
Enacted and Approved
Effective Date: This Resolution shall be effective immediately upon its passage by a majority of the Legislature.
APPROVED AS TO FORM:
______________________________ ________________________________
Chief Deputy County Counselor County Counselor
Certificate of Passage
I hereby certify that the attached resolution, Resolution No. 20031 of November 5, 2018, was duly passed on November 13, 2018 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 will be available from the source indicated below, with the adoption of Ordinance 5170, dated November 5, 2018.
ACCOUNT NUMBER: 004 1506 58040
ACCOUNT TITLE: Special Road and Bridge Fund
Road & Bridge Maintenance
Roads & Highways
NOT TO EXCEED: $307,091.00
________________________ _________________________________
Date Chief Administrative Officer