Section 107-593; Ord. 19224; Transferring funds to close out 1992 General Obligation Bonds; appropriating funds for the public building expansion project


Ordinance No. 19224                            Council Bill No. B 379-06

     AN ORDINANCE

transferring funds to close out 1992 General Obligation Bonds; appropriating funds for the public building expansion project; and fixing the time when this ordinance shall become effective.

BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBIA, MISSOURI, AS FOLLOWS:

    SECTION 1.    At the request of the City Manager, the City Council hereby transfers $530,000.00 from the Debt Service Reserve Account No. 303-0000-494.01-00 to the General Fund Account No 110-0000-494.02-00 to close out 1992 General Obligation Bonds.

SECTION 2.    The sum of $530,000.00 is hereby appropriated from the General Fund – Fund Balance Account No. 110-0000-341.01-00 to the City Space Needs Account No. 440-8800-508.49-90, C00099 for the public building expansion project.

SECTION 3.    This ordinance shall be in full force and effect from and after its passage.

PASSED this 18th day of September, 2006.