Item Coversheet
City of Independence
AGENDA ITEM COVER SHEET
BILL NO. 19-507Ord.No:          19030

Agenda Title:

19-507 - 1R.  An ordinance appropriating $275,000.00 in the City’s Event Center Fund from the Events Center Community Improvement District (CID) for capital outlay expenditures at Silverstein Eye Centers Arena. Appropriation ordinances may receive two readings and be voted on at the same meeting.
Recommendations:

The Parks/Recreation/Tourism Department recommends approval.
Background:

The Board of Directors of The Events Center Community Improvement (CID) met on April 29, 2019 and approved an amended Fiscal Year 2020 operating budget. This approved budget includes a combined total of $275,000.00 for capital outlay expenditures to be made at the Silverstein Eye Centers Arena facility.

This ordinance would make an appropriation allowing for the use of these funds for projects approved by the CID Board. As expenditures for Capital Improvements cannot be made directly from the CID fund, approval of this Ordinance would allow City staff to proceed with entering requisitions for said improvements.

Oversight and management of the approved Capital Improvement Projects will be performed by both CID Board Members and City staff.


Fiscal Impact:

This ordinance would appropriate $275,000.00 in the City’s Event Center Fund from The Events Center Community Improvement District (CID) fund for capital outlay expenditures at the Silverstein Eye Centers Arena facility.



Department:          Parks/Recreation/TourismContact Person:          Eric Urfer, Director


REVIEWERS:
DepartmentAction
Parks | Recreation | Tourism DepartmentApproved
Finance DepartmentApproved
Law DepartmentApproved
City Managers OfficeApproved
City Clerk DepartmentApproved

Council Action:          Council Action:         

ATTACHMENTS:
DescriptionType
Ordinance - FY 19-20 IEC CID Capital Improvements AppropriationOrdinance
Project List - SECA Capital Improvements_IEC CID FY 19-20Backup Material