ORDINANCE NO. 251052
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Sponsor: Director of Finance Department
Appropriating $440,640.00 from the Unappropriated Fund Balance of the Convention and Sports Complex Fund (5370) for the purpose of providing additional funding to the Vine District Garage Project; designating requisitioning authority; 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, the project needs additional funding for inspections to complete the project; and
WHEREAS, the FY 2025-26 Second Quarter Budget analysis has determined an appropriation to support this directive will require a drawdown of fund balance in the Convention and Sports Complex Fund; NOW, THEREFORE,
BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:
Section 1. That the sum of $440,640.00 is hereby appropriated from the Unappropriated Fund Balance of the Convention and Sports Complex Fund, Fund No. 5370, to the following account:
26-5370-075110-B-07VGARAG Vine District Garage $440,640.00
Section 2. That the Director of General Services is hereby designated as requisitioning authority for Account No. 26-5370-075110-B-07VGARAG.
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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