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 Sec...
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