File #: 3845    Version: 0 Name: refunding certain outstanding obligations of prior bond issues and new equipment for TMC
Type: Ordinance Status: Passed
File created: 11/6/2006 In control: Finance and Audit Committee
On agenda: 11/6/2006 Final action: 11/13/2006
Title: AN ORDINANCE appropriating $20,236,825.00 from the unappropriated surplus of the 2006 Public Building Corporation Capital Project Fund and transferring $4,295,135.00 within the 2006 Public Building Corporation Debt Service Fund to make available the proceeds of the Leasehold Refunding and Improvement Revenue Bonds Series 2006A, for the purpose of refunding certain outstanding obligations of prior bond issues and allowing the purchase of new equipment by Truman Medical Center.
Sponsors: Scott Burnett
Indexes: IMPROVEMENT REVENEW BONDS, LEASEHOLD REVENUE, PUBLIC BUILDING CORP., TRUMAN MEDICAL CENTER
IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI

Title
AN ORDINANCE appropriating $20,236,825.00 from the unappropriated surplus of the 2006 Public Building Corporation Capital Project Fund and transferring $4,295,135.00 within the 2006 Public Building Corporation Debt Service Fund to make available the proceeds of the Leasehold Refunding and Improvement Revenue Bonds Series 2006A,
for the purpose of refunding certain outstanding obligations of prior bond issues and allowing the purchase of new equipment by Truman Medical Center.


Intro
ORDINANCE # 3845, November 6, 2006

INTRODUCED BY Scott Burnett, County Legislator

Body
WHEREAS, by Ordinance 3762, dated April 24, 2006, the Legislature did authorize the issuance of Jackson County Public Building Corporation Leasehold Revenue Bonds (Capital Improvement Project) Series 2006A in a principal amount not to exceed $21,000,000.00; and,

WHEREAS, the purpose of this bond issue is to refund certain outstanding obligations of the Public Building Corporation Leasehold Revenue Bonds Series 1996, 1997, and 2000A, and allow the purchase of new equipment by Truman Medical Center; and,

WHEREAS, this bond issue has been successfully concluded and it is now necessary that the bond issue's proceeds be appropriated and placed in the proper spending accounts and that funds be appropriated for the required debt service costs and to allow for the purchase of equipment; and,

WHEREAS, transfers within the 2006 Public Building Corporation Debt Service Fund are necessary to provide for the debt service payments; now therefore,

BE IT ORDAINED by the County Legislature of Jackson County, Missouri, that the following appropriation from the unappropriated surplus of the 2006 Public Building Corporation Capital Project Fund and transfers within the 2006 Public Building Corporation Debt Service Fund be and hereby are made:
DEPARTMENT/DIVISION CHARACTER/DESCRIPTION FROM TO

Public Building Corp...

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