ORDINANCE NO. 000473

Approving the sale of property at 818-908 N.W. 68th Street and authorizing the Director of Finance to execute a deed therefore; estimating revenue in the amount of $320.00 in the General Fund; and appropriating it to the Property and Relocation Services account of the General Fund.

WHEREAS, Resolution No. 991188 passed September 16, 1999, declared the property in excess to the Citys needs for public use and authorized the sale by competitive bids; and

WHEREAS, the City, by that competitive bid process, received a bid from Shamin M. Kahn & Zia S. Kahn who offered $7,980.00 for the property; NOW, THEREFORE,

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

Section 1. That the Council hereby accepts the bid from Shamin M. Kahn and Zia S. Kahn in the amount of $7,980.00 for the property located at 818-908 N.W. 68th Street and approves the sale of the property to them and hereby authorizes the Director of Finance to execute a Special Warranty Deed conveying the property.

Section 2. That the revenue in the following account of the General Fund is hereby estimated in the following amount:

00-100-064-8500 Sale of City Real Estate $320.00

Section 3. That the sum of $320.00 is hereby appropriated from the Unappropriated Fund Balance of the General Fund to the following account in the General Fund:

00-100-064-2025-B Property and Relocation Services $320.00

________________________________________________________

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