File #: 20031    Version: 0 Name: Tfr Road & Bridge Fund Deby Service
Type: Resolution Status: Passed
File created: 11/1/2018 In control: Finance and Audit Committee
On agenda: 11/5/2018 Final action: 11/13/2018
Title: A RESOLUTION transferring $307,091.00 within the 2018 Special Road and Bridge Fund to cover the cost of debt service on the 2013 and 2015 Bonds.
Sponsors: Dennis Waits
Indexes: BONDS, TRANSFER
Attachments: 1. 20031bu.pdf, 2. 20031adopt.pdf
Related files: 5052, 5170

                     IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI

 

 

Title

A RESOLUTION transferring $307,091.00 within the 2018 Special Road and Bridge Fund to cover the cost of debt service on the 2013 and 2015 Bonds.

 

 

Intro

RESOLUTION NO. 20031, November 5, 2018

 

INTRODUCED BY Dennis Waits, County Legislator

 

Body

 WHEREAS, the County has a need to pay debt service on certain outstanding 2013 and 2015 bonds; and,

 

WHEREAS, a transfer is required to place the funds necessary for this payment in the proper spending account; and,

 

WHEREAS, this Resolution will require the adoption of Ordinance 5170, dated November 5, 2018, to take effect; now therefore,

 

BE IT RESOLVED by the County Legislature of Jackson County, Missouri, that the following transfer within the 2018 Special Road and Bridge Fund be and hereby is made:

DEPARTMENT/DIVISION                                          CHARACTER/DESCRIPTION                      FROM                      TO  

Special Road and Bridge Fund

Road & Bridge Maintenance

 

004-1506                     58040- Road & Highways                     $307,091

 

004-9100                     56105- Operating Transfers Out                                          $307,091

                     

 

 

Enacted and Approved

Effective Date:  This Resolution shall be effective immediately upon its passage by a majority of the Legislature.

 

APPROVED AS TO FORM:

 

______________________________                     ________________________________

Chief Deputy County Counselor                                           County Counselor

 

Certificate of Passage

 

I hereby certify that the attached resolution, Resolution No. 20031 of November 5, 2018, was duly passed on November 13, 2018 by the Jackson County Legislature.  The votes thereon were as follows:

 

 

Yeas _________6__________                                          Nays _________0__________

 

 

Abstaining ______0_________                                          Absent ________3__________

 

 

 

 

______________________                                                               _________________________________

Date                                                                                                                              Mary Jo Spino, Clerk of Legislature

 

Fiscal Note

Funds sufficient for this transfer will be available from the source indicated below, with the adoption of Ordinance 5170, dated November 5, 2018.

 

 

ACCOUNT NUMBER:                     004                     1506                     58040

ACCOUNT TITLE:                                          Special Road and Bridge Fund

                                                                                    Road & Bridge Maintenance

                                                                                    Roads & Highways

NOT TO EXCEED:                                          $307,091.00

 

 

 

________________________                                                               _________________________________

Date                                                                                                                              Chief Administrative Officer