File #: 2501    Version: 0 Name: Capital Improvement Project lease
Type: Ordinance Status: Passed
File created: 1/2/1996 In control: Finance and Audit Committee
On agenda: Final action: 1/16/1996
Title: AN ORDINANCE authorizing the renewal of the Capital Improvement Project 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.
Sponsors: John Patrick Burnett
Indexes: APPROPRIATION, LEASE, REAL PROPERTY
IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI

Title
AN ORDINANCE authorizing the renewal of the Capital Improvement Project 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 2501, January 2, 1996

INTRODUCED BY John Patrick Burnett, County Legislator

Body
WHEREAS, Section 3.3 of the Capital Improvement Project Lease Agreement between Jackson County and the Jackson County Public Facilities Authority requires the Jackson County Legislature to annually adopt an Ordinance setting forth:
1) the renewal of the 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 is 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...Attorney
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 #2501 of January 2, 1996 was duly passed on _________________________, 1996 by the Jackson County Legislature. The votes thereon were as follows:

Yeas _______________ Nays ___...

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