ORDINANCE NO. 230880
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Sponsor: Director of the Aviation Department
Authorizing a Lease Agreement between the City of Kansas City, Missouri, Aviation Department and Bright Speed of Missouri, LLC at 1 International Square at Kansas City International Airport; and estimating revenue in the amount of $30,635.86 to the Aviation Fund.
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BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:
Section 1. That the Director of Aviation is hereby authorized to enter into a Lease Agreement with Bright Speed of Missouri, LLC at the Kansas City International Airport. A copy of the agreement is on file in the Office of the Director of Aviation.
Section 2. That the Director of Aviation is authorized to execute, on behalf of the City, such documents, contracts, leases, certificates and instruments, as may be necessary or desirable to carry out and comply with the intent of this ordinance and to implement the transaction(s) contemplated.
Section 3. That the revenue in the following account of the Aviation Fund is estimated in the following amount:
24-8300-620000-470644 Aviation Revenues $30,635.86
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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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Tammy L. Queen
Director of Finance
Approved as to form:
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Charlotte Ferns
Senior Associate City Attorney