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Legislation #: 000475 Introduction Date: 4/6/2000
Type: Ordinance Effective Date: 4/30/2000
Sponsor: None
Title: Approving the sale of property at 401-405 W. 101st Terrace and authorizing the Director of Finance to execute a deed therefore; estimating revenue in the amount of $500.00 in the General Fund; and appropriating it to the Property and Relocation Services account of the General Fund.

Legislation History
DateMinutesDescription
4/20/2000

Waive Charter Requirements City Council

4/6/2000

Prepare to Introduce

4/6/2000

Referred Planning, Zoning & Economic Development Committee

4/12/2000

Do Pass as a Committee Substitute

4/13/2000

Held on Docket

4/20/2000

Passed as Substituted


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COMMITTEE SUBSTITUTE FOR ORDINANCE NO. 000475

 

Approving the sale of property at 401-405 W. 101st Terrace and authorizing the Director of Finance to execute a deed therefore; estimating revenue in the amount of $500.00 in the General Fund; and appropriating it to the Property and Relocation Services account of the General Fund.

 

WHEREAS, Resolution No. 000005 passed February 17, 2000, 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 Tom E. Beal Trust who offered $22,000.00 for the property; NOW, THEREFORE,

 

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That the Council hereby accepts the bid from Tom E. Beal Trust in the amount of $22,000.00 for the property located at 401-405 W. 101st Terrace 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 $500.00

 

Section 3. That the sum of $500.00 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 $500.00

 

________________________________________________________

 

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