File #: 4718    Version: 0 Name: Winchester Tax Increment Financing Plan
Type: Ordinance Status: Passed
File created: 2/23/2015 In control: County Legislature
On agenda: 2/23/2015 Final action: 2/23/2015
Title: AN ORDINANCE appropriating $39,200.00 from the Undesignated Fund Balance of the 2015 General Fund, $39,100.00 from the Undesignated Fund Balance of the 2015 Park Fund, and $39,100.00 from the Undesignated Fund Balance of the 2015 Special Road and Bridge Fund and authorizing the Director of Finance and Purchasing to make a payment in the amount of $234,800.00 to the City of Kansas City, Missouri, related to the termination of the Winchester Tax Increment Financing District, and to make future annual payments required by contract, subject to appropriation.
Sponsors: Scott Burnett, Crystal Williams
Indexes: GENERAL FUND, PARK FUND, SPECIAL ROAD & BRIDGE FUND
Attachments: 1. 4718adopt, 2. 4718bu
IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI
 
 
Title
AN ORDINANCE appropriating $39,200.00 from the Undesignated Fund Balance of the 2015 General Fund, $39,100.00 from the Undesignated Fund Balance of the 2015 Park Fund, and $39,100.00 from the Undesignated Fund Balance of the 2015 Special Road and Bridge Fund and authorizing the Director of Finance and Purchasing to make a payment in the amount of $234,800.00 to the City of Kansas City, Missouri, related to the termination of the Winchester Tax Increment Financing District, and to make future annual payments required by contract, subject to appropriation.
 
Title
ORDINANCE NO. 4718, February 23, 2015
 
INTRODUCED BY Scott Burnett and Crystal Williams, County Legislators
 
 
Body
WHEREAS, by Resolution 18104, dated February 19, 2013, the Legislature did authorize the execution of an Intergovernmental Agreement and Mutual Release related to the termination of the Winchester Tax Increment Financing (TIF) District; and,
 
WHEREAS, as part of the termination of the Winchester TIF, the County agreed to contribute annually, amounts equal to the amount of TIF revenues that would have been attributable to Kansas City and Jackson County under the TIF, for the period of 2014 through 2024; and,
 
WHEREAS, the distribution of funds in the amount of $117,400.00 annually will be used to reimburse the City for the construction of a Youth Soccer Facility located in Swope Park in Kansas City, Missouri; and,
 
WHEREAS, an appropriation is necessary to place the funds needed to cover the cost of the 2015 payment in the appropriate spending accounts; now therefore,
BE IT ORDAINED by the County Legislature of Jackson County, Missouri, that the following appropriation from the Undesignated Fund Balances of the 2015 General Fund, 2015 Park Fund, and the 2015 Special Road and Bridge Fund, be and hereby are made:
DEPARTMENT/DIVISION            CHARACTER/DESCRIPTION       FROM         TO   
2015 General Fund
Non-Departmental
 
001-2810                        Undesignated Fund Balance      $39,200
001-5101                        56080 - Other Professional Services            $39,200
 
2015 Park Fund
Non-Departmental
 
003-2810                        Undesignated Fund Balance      $39,100
003-5103                        56080 - Other Professional Services            $39,100
 
2015 Special Road and Bridge Fund
Non-Departmental
 
004-2810                        Undesignated Fund Balance       $39,100
004-5104                        56080 - Other Professional Services          $39,100
 
and,
 
 
 
BE IT FURTHER ORDAINED by the County Legislature of Jackson County, Missouri, that the Director of Finance and Purchasing be and hereby is authorized to issue a check in the amount of $234,800.00 to the City of Kansas City, Missouri, representing payment for distribution of the Winchester TIF special assessments for 2014 and 2015; and,
 
BE IT FURTHER ORDAINED that the Director of Finance and Purchasing be and hereby is authorized to issue an annual payment in the amount of $117,400.00, to the City of Kansas City through December 31, 2024, pursuant to the terms and conditions of the Intergovernmental Agreement and Mutual Release authorized by Resolution 18104, dated February 19, 2013, subject to appropriation in the then current Jackson County budget.
 
 
 
 
 
 
Enacted and Approved
Effective Date:  This ordinance shall be effective immediately upon its signature by the County Executive.
 
APPROVED AS TO FORM:
 
 
___________________________            _____________________________
Chief Deputy County Counselor                   County Counselor
 
      I hereby certify that the attached Ordinance, Ordinance No. 4718 introduced on February 23, 2015, was duly passed on February 23, 2015 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 No. 4718.
 
 
____________________                        ________________________________
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:            General Fund
                        Undesignated Fund Balance
NOT TO EXCEED:            $39,200.00
 
 
 
ACCOUNT NUMBER:      003      2810
ACCOUNT TITLE:            Park Fund
                        Undesignated Fund Balance
NOT TO EXCEED:            $39,100.00
 
 
ACCOUNT NUMBER:      004      2810
ACCOUNT TITLE:            Special Road and Bridge Fund
                        Undesignated Fund Balance
NOT TO EXCEED:            $39,100.00
 
 
There is a balance otherwise unencumbered to the credit of the appropriation to which the expenditure is chargeable and there is a cash balance otherwise unencumbered in the treasury to the credit of the fund from which payment is to be made each sufficient to provide for the obligation herein authorized.
 
ACCOUNT NUMBER:      001      5101      56080
ACCOUNT TITLE:            General Fund
                        Non-Departmental
                        Other Professional Services
NOT TO EXCEED:            $78,400.00
 
ACCOUNT NUMBER:      003      5103      56080
ACCOUNT TITLE:            Park Fund
                        Non-Departmental
                        Other Professional Services
NOT TO EXCEED:            $78,200.00
 
ACCOUNT NUMBER:      004      5104      56080
ACCOUNT TITLE:            Special Road and Bridge Fund
                        Non-Departmental
                        Other Professional Services
NOT TO EXCEED:            $78,200.00
 
Payment for future years is subject to annual appropriation in the then current Jackson County Budget.
 
 
 
______________________            _________________________________
Date                                    Director of Finance and Purchasing