IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI
Title
AN ORDINANCE transferring $234,850.00 within the 2020 General Fund and appropriating $120,000.00 from the undesignated fund balance of the 2020 County Improvement Fund, to properly account for the receipt of insurance proceeds relating to the 2019 flood damage at the downtown Jackson County Courthouse.
Intro
ORDINANCE NO. 5332, May 4, 2020
INTRODUCED BY Theresa Cass Galvin, County Legislator
Body
WHEREAS, the County has received payments totaling $12,800,000.00 from the Travelers Indemnity Company, representing the cost of repairs, less deductible, due to water damage incurred at the downtown Jackson County Courthouse on January 31 and February 3, 2019; and,
WHEREAS, of this sum, $3,716,162.00 was appropriated and/or transferred in 2019 to be used to fund courthouse repairs via nine separate appropriation ordinances and one transfer resolution; and,
WHEREAS, it is now appropriate to account for the remainder of the settlement proceeds, via a transfer, appropriation, and recognition of revenue, as is more fully described in the attached Request for Legislative Action and supporting materials; now therefore,
BE IT ORDAINED by the County Legislature of Jackson County, Missouri, that the following transfer and appropriation be and hereby are made:
DEPARTMENT/DIVISION CHARACTER/DESCRIPTION FROM TO
General Fund
001-9999 32810-
Undesignated Fund Balance $234,850
Operating Transfers
001-9100 56105-
Operating Transfers Out $234,850
County Improvement Fund
DTCH Flood- Insurance
013-1240 47070- Inter Fund Transfers $234,850
013-9999 32810-
Undesignated Fund Balance $234,850
013-9999 32810-
Undesignated Fund Balance $120,000
DTCH Flood- Insurance
013-1240 56620- Rent- Buildings $120,000
and,
BE IT FURTHER ORDAINED that the receipt of $8,919,665.00 in insurance proceeds into the undesignated fund balance of the 2020 County Improvement Fund be and hereby is recognized.
Enacted and Approved
Effective Date: This ordinance shall be effective immediately upon its signature by the County Executive.
APPROVED AS TO FORM:
______________________________ ________________________________
Chief Deputy County Counselor County Counselor
I hereby certify that the attached ordinance, Ordinance No. 5332 introduced on May 4, 2020, was duly passed on May 11, 2020 by the Jackson County Legislature. The votes thereon were as follows:
Yeas _______9________ Nays ______0________
Abstaining _____0______ Absent _____0________
This Ordinance is hereby transmitted to the County Executive for his signature.
____________________ ________________________________
Date Mary Jo Spino, Clerk of Legislature
I hereby approve the attached Ordinance No. 5332.
____________________ ________________________________
Date Frank White, Jr., County Executive
Fiscal Note
Funds sufficient for this transfer are available from the source indicated below.
ACCOUNT NUMBER: 001 9999 32810
ACCOUNT TITLE: General Fund
Undesignated Fund Balance
NOT TO EXCEED: $234,850.00
Funds sufficient for this appropriation are available from the source indicated below.
ACCOUNT NUMBER: 013 9999 32810
ACCOUNT TITLE: County Improvement Fund
Undesignated Fund Balance
NOT TO EXCEED: $120,000.00
______________________ ________________________________
Date Chief Administrative Officer