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[COMMITTEE SUBSTITUTE FOR] ORDINANCE NO. 230744
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Sponsor: Mayor Quinton Lucas
Appropriating $14,750,000.00 from the Unappropriated Fund Balance of the General Obligation Bond Series 2024A Q1-22 Project Fund; designating requisitioning authority; directing the Director of Parks and Recreation to find additional funding to cover any shortfalls in the cost of these repairs and improvements to the Aquatic Facilities; declaring the intent of the City to reimburse itself from the bond proceeds for certain expenditures; authorizing the Director of Parks and Recreation to allocate appropriated funds; authorizing the Director of Finance to close project accounts; recognizing this ordinance as having an accelerated date; and directing the Director of Parks and Recreation to present to Council within 60 days.
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WHEREAS, pursuant to General Obligation Bond Law, a special election was also duly held in the City on Tuesday, November 8, 2022 (the "2022 Election"), on the question of whether to issue general obligation bonds of the City in an amount not to exceed $125,000,000.00 for the purpose of paying for the acquisition, construction, renovation, improvement, equipping, and furnishing of City parks, recreation, and entertainment facilities (the "Parks and Entertainment Facilities Question"); and
WHEREAS, pursuant to Ordinance No. 220918, As Amended, the total amount for the citywide allocation of city parks projects is $20 million and the total amount for the in-district allocations is $60 million with $10 million for each council district; and
WHEREAS, Ordinance No. 230184, As Amended, established the General Obligation Series 2023 Bond Fund in the amount of $40,600,000.00 which included $5.25 million for the citywide allocation of parks projects; and
WHEREAS, the City of Kansas City has 27 aquatic facilities that offer various water-recreational activities within the aquatics system and within th...
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