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
0...
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