File #: 13-000350    Version: Name:
Type: Ordinance Status: Passed
File created: 4/10/2013 In control: City Council
On agenda: 4/23/2013 Final action: 4/30/2013
Title: Second Reading Ordinance - Appropriating funds related to the American Bank Center (1st Reading 4/23/13) Ordinance appropriating $250,000 received from SMG (under contractual obligation to contribute capital for the American Bank Center) in the No. 4710 Visitors Facility Fund for improvements to the American Bank Center; Appropriating $277,247.91 from reserved fund balance in the No. 4710 Visitors Facility Fund for American Bank Center capital improvement expenditures; Appropriating $50,000 from reserved fund balance in the No. 4710 Visitors Facility Fund for capital and repair maintenance needs relating to the food and beverage concessions at the American Bank Center; Appropriating $119,364.25 from unreserved fund balance in the No. 1130 Arena Facility Fund for repair maintenance needs at the Arena; changing the FY 2012-2013 Operating Budget adopted by Ordinance No. 029577 to increase revenues by $250,000 and by increasing expenditures by a total of $696,612.16.
Sponsors: Business Liaison
Attachments: 1. Agenda Memo - Appropriation of Funds Related to the American Bank Center, 2. Ordinance- American Bank Center Appropriations
...Title
Second Reading Ordinance - Appropriating funds related to the American Bank Center (1st Reading 4/23/13)
 
Ordinance appropriating $250,000 received from SMG (under contractual obligation to contribute capital for the American Bank Center) in the No. 4710  Visitors Facility Fund for improvements to the American Bank Center; Appropriating $277,247.91 from reserved fund balance in the No. 4710  Visitors Facility Fund for American Bank Center capital improvement expenditures;  Appropriating $50,000 from reserved fund balance in the No. 4710  Visitors Facility Fund for capital and repair maintenance needs relating to the food and beverage concessions at the American Bank Center; Appropriating $119,364.25 from unreserved fund balance in the No. 1130 Arena Facility Fund for repair maintenance needs at the Arena; changing the FY 2012-2013 Operating Budget adopted by Ordinance No. 029577 to increase revenues by $250,000 and by increasing expenditures by a total of $696,612.16.