File #: 4775    Version: 0 Name: Bond Fund Debt Services
Type: Ordinance Status: Passed
File created: 9/10/2015 In control: Finance and Audit Committee
On agenda: 9/14/2015 Final action: 9/28/2015
Title: AN ORDINANCE appropriating $1,498,427.00 from the undesignated fund balance of the 2015 Sports Complex/Parks Leaseholder Fund and $1,200.00 from the undesignated fund balance of the 2015 Special Obligation Bond Debt Service Fund and transferring $1,498,427.00 within the 2015 Convention/Sports Complex Fund and $19,415.00 within the 2015 Army Corps of Engineers Longview and Blue Springs Lakes Fund for adjustments to the County's debt service accounts.
Sponsors: Scott Burnett
Indexes: SPORTS COMPLEX/PARKS
Attachments: 1. 4775bu, 2. 4775adopt.pdf
IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI

Title
AN ORDINANCE appropriating $1,498,427.00 from the undesignated fund balance of the 2015 Sports Complex/Parks Leaseholder Fund and $1,200.00 from the undesignated fund balance of the 2015 Special Obligation Bond Debt Service Fund and transferring $1,498,427.00 within the 2015 Convention/Sports Complex Fund and $19,415.00 within the 2015 Army Corps of Engineers Longview and Blue Springs Lakes Fund for adjustments to the County's debt service accounts.


Intro
ORDINANCE NO. 4775, September 14, 2015

INTRODUCED BY Scott Burnett, County Legislator


Body
WHEREAS, upon routine examination of the County's debt service accounts, it has been determined that adjustments are needed to certain line items; and,

WHEREAS, the required adjustments are technical in nature, and will not affect the County's financial obligations on the underlying transactions; and,

WHEREAS, an appropriation and transfer are necessary to place the debt service funds in the appropriate spending accounts; and,

WHEREAS, the County Executive recommends this appropriation and transfer; and,

WHEREAS, this action is in the best interests of the health, safety, and welfare of the citizens of Jackson County, now therefore,

BE IT ORDAINED by the County Legislature of Jackson County, Missouri, that the following appropriation from the undesignated fund balance of the 2015 Sports Complex/Parks Leaseholder and the 2015 Special Obligation Bond Debt Service Funds and transfer within the 2015 Convention/Sports Complex and the 2015 Army Corps of Engineers Longview and Blue Springs Lakes Funds be and hereby are made:

DEPARTMENT/DIVISION CHARACTER/DESCRIPTION FROM TO
2015 Convention/Sports Complex Fund
Jackson County Sports Authority

007-5010 56790 - Other Contractual Srvs $1,498,427
007-9100 56105 - Operating Transfers Out $1,498,427

Sports Complex/Parks Leaseholder
2011A/2002 Bond Debt Servic...

Click here for full text