File #: 20719    Version: 0 Name: Tfr special obligation bonds realign accounts
Type: Resolution Status: Passed
File created: 7/8/2021 In control: Budget Committee
On agenda: 7/12/2021 Final action: 7/19/2021
Title: A RESOLUTION transferring $75,000.00 within the 2021 Special Obligation Bond Fund to realign funds into the proper spending accounts resulting from the issuance of the Series 2020 Special Obligation Refunding Bonds (Animal Shelter Project).
Sponsors: Theresa Cass Galvin
Indexes: ANIMAL SHELTER, SPECIAL OBLIGATION BONDS
Attachments: 1. 20719bu.pdf, 2. 20719adopt.pdf
Related files: 5396
IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI

Title
A RESOLUTION transferring $75,000.00 within the 2021 Special Obligation Bond Fund to realign funds into the proper spending accounts resulting from the issuance of the Series 2020 Special Obligation Refunding Bonds (Animal Shelter Project).


Intro
RESOLUTION NO. 20719, July 12, 2021

INTRODUCED BY Theresa Cass Galvin, County Legislator


Body
WHEREAS, a transfer of funds within the 2021 Special Obligation Bond Fund is necessary to realign funds into the proper spending accounts due to savings achieved with the issuance of the Series 2020 Special Obligation Refunding Bonds (Animal Shelter Project), which led to a higher principal and lower interest payment than budgeted; now therefore,

BE IT RESOLVED by the County Legislature of Jackson County, Missouri, that the following transfer be and hereby is made:
DEPARTMENT/DIVISION
CHARACTER/DESCRIPTION
FROM
TO




Special Obligation Bond Fund



2010A Bond (Animal Shelter)



073-8060
56910- Interest
$75,000

073-8060
56930- Bond Payments

$75,000



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. 20719 of July 12, 2021, was duly passed on July 19, 2021 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 are available for the source indicated below.

ACCOUNT NUMBER: 073 8060 56910
ACCOUNT TITLE: Special Obligation Bond Fund
2010A Bond (Animal Shelter)
Interest
NOT T...

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