240220
Sponsor: Director of the Finance Department Authorizing the issuance of General Obligation Bonds, Series 2024A, of the City of Kansas City, Missouri, in a principal amount not to exceed $80,000,000.00; prescribing the form and details of said bonds; providing for the levy and collection of an annual tax for the purpose of paying the principal of and interest on said bonds as they become due; and authorizing certain other documents and actions in connection therewith, increasing and appropriating revenue in the amount of $600,000.00 in the GO Series 2024A Question 1 Bond Fund; increasing and appropriating revenue in the amount of $110,000.00 in the GO Series 2024A Question 2 Bond Fund; increasing and appropriating revenue in the amount of $50,000.00 in the GO Series 2024A Question 3 Bond Fund; increasing and appropriating revenue in the amount of $6,155,000.00 in the GO Series 2024A Q1-22 Bond Fund; declaring the intent of the city to reimburse itself from the bond proceeds for certain expenditures; authorizing the Director of Finance to modify accounts upon the final sale of bonds; authorizing the Director of Finance to close project accounts upon completion; and recognizing this ordinance as having an accelerated effective date.
- Committee
- Council
- Introduced
- February 15, 2024
- On agenda
- February 29, 2024
- Passed
- February 29, 2024
Where it was heard
Council Finance, Governance and Public Safety Committee CouncilWatch Kansas City
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