File #: 210737    Version: 1 Name:
Type: Ordinance Status: Referred
File created: 8/20/2021 In control: Council
On agenda: 9/16/2021 Final action:
Title: Appropriating $262,793.06 from the Unappropriated Fund Balance of the Museum Levy Fund for the Kansas City Museum Foundation; and designating requisitioning authority.
Attachments: 1. KC Museum Fund Balance Transfer Fact Sheet, 2. KC Museum Fund Balance Transfer Fiscal Note, 3. KC Museum Fund Balance Transfer Approp, 4. Authenticated Ordinance 210737

ORDINANCE NO. 210737

 

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Appropriating $262,793.06 from the Unappropriated Fund Balance of the Museum Levy Fund for the Kansas City Museum Foundation; and designating requisitioning authority.

 

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WHEREAS, on March 9, 2021, the City, acting through the Board of Parks and Recreation

Commissioners (“Parks Board”), passed Parks Board Resolution No. 31553, approving an agreement with the Kansas City Museum Foundation (“KCMF”) for the management, operation, and maintenance of the Kansas City Museum to be effective May 1, 2021; and

 

WHEREAS, on April 15, 2021, the City Council passed Ordinance No. 210261, approving the agreement between the Parks Board and the KCMF; and

 

WHEREAS, pursuant to Section 92.035, RSMo, the City receives annual tax revenue from the Museum property tax levy dedicated only to the Museum and to be used exclusively for the construction, operation, and improvement of the Kansas City Museum Facilities; and

 

WHEREAS, under the agreement, the City would annually transfer the revenue collected from the Museum property tax levy to the Kansas City Museum Foundation (less deductions for debt service, insurance, collection fees, and other administrative charges) for the operational expenses; and

 

WHEREAS, as set forth in the agreement, the City, for FY20-21 only, will retain an amount from the FY20-21 Museum Fund balance to pay for any outstanding invoices or bills for utilities expended after the transfer on May 1, 2021, until the Foundation has all of the utility services in its name and at that time the City will transfer any remaining utility withholding balance to the Foundation; and

 

WHEREAS, the utility services at the Museum have been transferred to the Foundation’s name; and

 

WHEREAS, the City has completed all outstanding invoices and bills and has a residual Museum Fund balance of $262,793.06 to transfer to the KCMF via direct pay; NOW, THEREFORE,

 

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That the sum of $262,793.06 is appropriated from the Unappropriated Fund Balance of the Museum Levy Fund to the following account in the Museum Levy Fund:

 

22-2020-702460-B                                                                 Museum Fund                                                                                     $262,793.06

 

Section 2. That the Interim Director of Parks and Recreation Department is hereby designated requisitioning authority for Account No. 22-2020-702460.

 

 

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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.

 

 

                                                                                                                              ___________________________________

                                                                                                                              Tammy L. Queen

                                                                                                                              Director of Finance

 

                                                                                                                              Approved as to form and legality:

 

 

                                                                                                                              ___________________________________

                                                                                                                              Lana K. Torczon

                                                                                                                              Assistant City Attorney