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20-11049 Establishing the Former SAFB Environmental Project Fund (Summary published in The Salina Journal on January 1, 2021) (Published on the City of Salina's website for a minimum of one week from December 29, 2020 to January 12, 2021) ORDINANCE NUMBER 20-11049 AN ORDINANCE ESTABLISHING THE "FORMER SAFB ENVIRONMENTAL N PROJECT" FUND. 2 a WHEREAS, on October 26, 2020, the City Commission adopted Resolution No. 20-7893 w authorizing the Mayor to execute the Former Schilling Air Force Base Site Environmental Project N 8 Management Agreement dated November 3, 2020 (the "Agreement") among the City of Salina, the Salina Airport Authority, Unified School District No. 305, and Kansas State University (collectively, the "Salina Public Entities"), and WHEREAS, Section 5.2 of the Agreement requires the City of Salina to establish by ordinance a separately budgeted special revenue fund in anticipation of receipt of the Untited States Settlement Payment and the Retained Federal Funds (as described in the Agreement) in order to account for receipt, investment, and authorized expenditure of funds in accordance with the Agreement on behalf of the Salina Public LEntities, SO NOW,THEREFORE; BE IT ORDAINED by the Governing Body of Salina, Kansas: Section 1. Creation of Fund. A separately budgeted special revenue fund titled "Former SAFB Environmental Project Fund" shall be created and maintained on the City's financial system to account for all funds and investment proceeds received and authorized expenditures made pursuant to the Agreement as it exists or may be amended by the Salina Public Entities. Section 2. Effective. This ordinance shall be in full force and effect from and after its adoption and publication once in the official city newspaper by the following summary: Ordinance No. 20-11049 Summary On December 21, 2020, the City Commission passed Ordinance No. 20-11049. The Ordinance establishes the "FORMER SAFB ENVIRONMENTAL PROJECT FUND" to be administered pursuant to the Former Schilling Air Force Base Site Environmental Project Management Agreement dated November 3, 2020, among Kansas State University, Unified School District No. 305, the Salina Airport Authority, and the City of Salina. A complete copy of the Ordinance can be found at www.salina- ks.gov or in the office of the City Clerk, 300 W. Ash, free of charge. This summary is certified by the City's legal counsel. Introduced: December 21, 2020 Passed: December 28, 2020 n `r Mic ael L. Hoppock .yo [SEAL] ATTEST: 00 Air Cheryl M=, is, D puty City Clerk The publication summary set forth above is certified this•u day of December, 2020. 4Gre Bengtson, • Attorney 2