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Legislation #: 080781 Introduction Date: 7/31/2008
Type: Ordinance Effective Date: 8/24/2008
Sponsor: None
Title: Authorizing the Director of City Development to enter into a one-year lease agreement with American Compressed Steel for City-owned property at 1508 Woodswether Road.

Legislation History
DateMinutesDescription
7/29/2008 Filed by the Clerk's office
7/31/2008 Referred to Planning and Zoning Committee
8/6/2008 Do Pass
8/7/2008 Assigned to Third Read Calendar
8/14/2008 Passed

View Attachments
FileTypeSizeDescription
080781.pdf Authenticated 33K Authenticated
FACT SHEET ACS_Port Lease.doc Fact Sheet 52K Fact Sheet

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ORDINANCE NO. 080781

 

Authorizing the Director of City Development to enter into a one-year lease agreement with American Compressed Steel for City-owned property at 1508 Woodswether Road.

 

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That the Director of City Development is authorized to enter into a one year lease agreement with American Compressed Steel which will automatically renew for successive one year terms unless 60 days written notice prior to the expiration of the term is provided by the tenant. After the initial term, cancellation may be given by either party with 90 days prior written notice.

 

Section 2. The rent shall be $48,000.00 annually, paid in monthly installments of $4,000.00 per month.

 

_____________________________________________

 

Approved as to form and legality:

 

 

___________________________________

Sarah Baxter

Assistant City Attorney