ORDINANCE NO. 260318
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Sponsor: Director of Finance Department
Estimating and appropriating $500,000.00 from the Unappropriated Fund Balance of the Parking Fund (2160) for the Vine District Garage; and recognizing this ordinance as having an accelerated effective date.
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WHEREAS, Committee Substitute for Ordinance No. 240346 directed the City Manager to identify City owned property that could facilitate transit-oriented development, including a parking facility, to service the 18th and Vine District and appropriated $20,000,000.00 in the 2025A Taxable Special Obligation Bond Fund, Fund No. 3453, for the design and construction; and
WHEREAS, Committee Substitute for Ordinance No. 250216 reduced the available appropriations by $500,000.00; and
WHEREAS, Ordinance No. 251052 appropriated $440,640.00 from the Unappropriated Fund Balance of the Convention and Sports Complex Fund (5370) for inspections; and
WHEREAS, the Vine District Garage requires additional appropriations for signage, cameras, access control, and equipment; and
WHEREAS, the FY 2025-26 Third Quarter Budget analysis has identified surplus revenue in the Parking Fund (2160) to support this appropriation; NOW, THEREFORE,
BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:
Section 1. That the revenue estimate in the following account of the Parking Garage Fund, Fund No. 2160, is hereby increased by the following amount:
26-2160-891296-458000 Rental from Parking Concession $500,000.00
Section 2. That the sum of $500,000.00 is hereby appropriated from the Unappropriated Fund Balance of the Parking Garage Fund, Fund No. 2160, to the following account:
26-2160-075110-B-07VGARAG Vine District Garage $500,000.00
Section 3. That this ordinance relating to the appropriation of money and the expenses of government is recognized as an ordinance with an accelerated effective date as provided by Section 503(a)(3)(B) and Section 503(a)(3)(C) of the City Charter and shall take effect in accordance with Section 503, City Charter.
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I hereby certify that there is a balance, otherwise unencumbered, to the credit of the appropriation to which the foregoing expenditure is to be charged, and a cash balance, otherwise unencumbered, in the treasury, to the credit of the fund from which payment is to be made, each sufficient to meet the obligation hereby incurred.
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William Choi
Interim Director of Finance
Approved as to form:
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Samuel Miller
Assistant City Attorney