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 CI...

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