Jackson County Missouri - File #: 2666

• File #: 2666
• Version: 0
• Name: Public Building Corp. Fund Revenue Bonds
• Type: Ordinance
• Status: Passed
• File created: 4/8/1997
• In control: Finance and Audit Committee
• Final action: 4/14/1997
• Title: AN ORDINANCE appropriating $400,000.00 from the unappropriated surplus of the 1997 Leasehold Debt Fund and $6,100,000.00 from the unappropriated surplus of the 1997 Public Building Corporation Fund, to cover the principal amount of the Series 1997 Public Building Corporation Leasehold Revenue Bonds and the payment of the 1997 debt service thereon.
• Sponsors: John Patrick Burnett
• Indexes: APPROPRIATION, LEASEHOLD REVENUE BOND

Date	Ver.	Action By	Action	Result
4/14/1997	0	Finance and Audit Committee	recommend for perfection	Pass
4/14/1997	0	County Legislature	Consent Agenda
4/14/1997	0	County Legislature	perfect	Pass
4/14/1997	0	County Legislature	suspend the rules to consider final passage	Pass
4/14/1997	0	County Legislature	adopt	Pass
4/9/1997	0	County Legislature	Go To 1st Perfection	Pass
4/8/1997	0	County Legislature	assign to committee	Pass

IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI

Title
AN ORDINANCE appropriating $400,000.00 from the unappropriated surplus of the 1997 Leasehold Debt Fund and $6,100,000.00 from the unappropriated surplus of the 1997 Public Building Corporation Fund, to cover the principal amount of the Series 1997 Public Building Corporation Leasehold Revenue Bonds and the payment of the 1997 debt service thereon.

Intro
ORDINANCE #2666, April 8, 1997

INTRODUCED BY John Patrick Burnett, County Legislator

Body
WHEREAS, the sale of the Series 1997 Leasehold Revenue Bonds issued by the Public Building Corporation resulted in proceeds totaling $6,100,000.00 for use by the Facilities Management Department in the courthouse renovation capital improvement project; and,

WHEREAS, an appropriation from the unappropriated surplus of the 1997 Public Building Corporation Fund is necessary to make these funds available for the project; and,

WHEREAS, an appropriation from the unappropriated surplus of the 1997 Leasehold Debt Fund is also necessary to cover the debt service payment due on these bonds in 1997; now therefore,

BE IT ORDAINED by the County Legislature of Jackson County, Missouri, that the following appropriation be and hereby is made from the unappropriated surplus of the 1997 Leasehold Debt Fund:
DEPARTMENT/DIVISION CHARACTER/DESCRIPTION FROM TO
General Fund
Non-Departmental Building & Improvements $400,000
Operating Transfers Out $400,000
Leasehold Debt Fund Unappropriated Surplus $400,000
Debt Service - 1997 Bond Payments 50,000
Interest 350,000

and,


BE IT FURTHER ORDAINED that the following appropriation be and hereby is made from the unappropriated surplus of the 1997 Public Building Corporation Fund:
DEPARTMENT/DIVISION CHARACTER/DESCRIPTION FROM TO
Increase Revenue $6,100,000
Unappropriated Surplus $6,100,000
Unappropriated Surplus $6,100,000
Division of Operations
Facilities Manage...