ORDINANCE NO. 080954

Estimating and appropriating $90,000.00 in the General Fund to improve management and disposition of surplus City property.

WHEREAS, a current initiative of the City is to maximize the sale of unneeded and surplus property; and

WHEREAS, in FY 2007-08, the City realized a total $40,774.00 in the sale of surplus property with one budgeted position focused on this effort; and

WHEREAS, in FY 2008-09, a focused effort should allow for more revenue to be generated from this effort; NOW, THEREFORE,

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY

Section 1. That $90,000.00 is hereby estimated in the following account of the

General Fund:

09-1000-072105-485010 Sale of Property $90,000.00

Section 2. That $90,000.00 is hereby appropriated from the Unappropriated Fund Balance of the General Fund to the following account in the General Fund:

09-1000-072105-A Surplus Property Management $90,000.00

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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.

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Jeffrey A. Yates

Director of Finance

Approved as to form and legality:

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James Brady

Assistant City Attorney