IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI
Title
A RESOLUTION transferring $169,926.00 within the 2019 Convention/Sports Complex Fund to comply with lease obligations relating to the Series 2002 Sports Complex Bond issuance.
Intro
RESOLUTION NO. 20320, December 2, 2019
INTRODUCED BY Crystal Williams, County Legislator
Body
WHEREAS, pursuant to the County’s leases at the Harry S. Truman Sports Complex, the County is required to contribute $3,500.000.00 annually toward sports complex operations and maintenance; and,
WHEREAS, this contribution obligation is reduced by the amount of the County’s debt service payments on the County’s Series 2002 bonds; and,
WHEREAS, a transfer is required to properly balance these accounts; now therefore,
BE IT RESOLVED by the County Legislature of Jackson County, Missouri, that the following transfer within the 2019 Convention/Sports Complex Fund be and hereby is made:
DEPARTMENT/DIVISION CHARACTER/DESCRIPTION FROM TO
Convention/Sports Complex Fund
Operating Transfers
007-9100 56105- Operating Transfers $169,926
Jackson County Sports Complex
Authority
007-5010 56790- Other Contractual Svc. $169,926
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. 20320 of December 2, 2019, was duly passed on December 9, 2019 by the Jackson County Legislature. The votes thereon were as follows:
Yeas _________9__________ Nays _________0__________
Abstaining _______0________ Absent ________0__________
______________________ _________________________________
Date Mary Jo Spino, Clerk of Legislature
Fiscal Note
Funds sufficient for this transfer will be available from the source indicated below.
ACCOUNT NUMBER: 007 9100 56105
ACCOUNT TITLE: Convention/Sports Complex Fund
Operating Transfers
Operating Transfers
NOT TO EXCEED: $169,926.00
________________________ _________________________________
Date Chief Administrative Officer