IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI
Title
AN ORDINANCE authorizing the renewal of the Series 1994 Leasehold Revenue Bond lease between Jackson County, Missouri, and the Jackson County Public Facilities Authority, 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 term.
Intro
ORDINANCE 3115, January 16, 2001
INTRODUCED BY Ronald E. Finley, County Legislator
Body
WHEREAS, Section 3.3 of the Series 1994 Leasehold Revenue Bond Lease Agreement between Jackson County and the Jackson County Public Facilities Authority 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 agreement between Jackson County and the Jackson County Public Facilities Authority are hereby renewed for an additional one-year term; 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 #3115 of January 16, 2001 was duly passed on ___________February 5______________, 2001 by the Jackson County Legislature. The votes thereon were as follows:
Yeas _______7________ Nays _______0________
Abstaining _____0______ Absents _____2_______
This Ordinance is hereby transmitted to the County Executive for her signature.
____________________ ________________________________
Date Mary Jo Brogoto, Clerk of Legislature
I hereby approve the attached Ordinance #3115.
_________________ _________________________________
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 2001 budget in Ordinance 3096.
__________________ _________________________________
Date Director of the Department of Finance