ORDINANCE NO. 980029
Authorizing
execution of an Option to Renew a Lease Agreement with K.C. Partners for a term
of seven months at a rate of $23,380.00 for 3,722 square feet of office space
at 324 East 11th Street, 25th Floor, Kansas City, Missouri.
WHEREAS,
Ordinance No. 951387 passed October 19, 1995, authorized the Director of Water
Services to enter into a Lease Agreement for a term of one year with an option
to renew for three additional one-year periods for use by the Industrial Waste
Control Division; and
WHEREAS,
Ordinance No. 960814 passed July 11, 1996, authorized an exercise of the First
Option to Renew through October 31, 1997; and
WHEREAS,
the City desires to continue utilizing the described space for an additional
seven months for use by the Industrial Waste Control Division of the Water
Services Department; NOW, THEREFORE,
BE
IT ORDAINED BY THE COUNCIL OF KANSAS CITY:
Section
1. That the Director of the Department of Water Services is hereby authorized
to exercise and execute the Option to Renew, on behalf of Kansas City, the
Lease Agreement executed with K.C. Partners for lease of 3,722 square feet of
office space in a building located at 324 East 11th Street, 25th Floor, for a
period commencing November 1, 1997 and ending May 31, 1998, at a rate of $10.77
per square foot for a total of $23,380.00 for the entire term. Said rent shall
be for office space in accordance with the terms of the Lease Agreement. A
copy of said Option to Renew, in substantial form, is attached hereto and is
hereby approved.
Section
2. That the Director of Water Services is hereby authorized to expend up to
the sum of $23,380.00 from fund previously appropriated to Account No.
98-811-080-2225-B to satisfy the cost of this Lease Agreement.
________________________________________________________
I
hereby certify that there is a balance, otherwise unencumbered, to the credit
of the appropriation to which the foregoing expenditure is to be charged, and a
cash balance, otherwise unencumbered, in the treasury, to the credit of the
fund from which payment is to be made, each sufficient to meet the obligation
hereby incurred.
___________________________________
Director
of Finance
Approved
as to form and legality:
___________________________________
Assistant
City Attorney