ORDINANCE NO. 240768

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Sponsor:  Director of Aviation Department

Authorizing a five (5) year Lease Agreement with a five (5) year renewal option with Enterprise Leasing Company of Kansas, LLC, for 106,500 square feet of property at the Kansas City International Airport for a total amount of $195,853.50; and estimating revenue for FY25 in the amount of $14,689.01 to the Aviation Fund.

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BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

                     Section 1.  That the Director of the Aviation Department is hereby authorized to execute a Lease Agreement with Enterprise Leasing Company of Kansas, LLC, for a five (5) year term with a five (5) year renewal option for 106,500 square feet of property located at 481 Paris Street at the Kansas City International Airport. A copy of the Lease Agreement is on file with the City Clerk’s Office.

Section 2.  That the revenue in the following account of the Aviation Fund is estimated to be:

25-8300-620000-470644                                          Prop Rent- Aviation-Building (KCI)                                          $14,689.01

                     Section 3.  That the Director of Aviation is authorized to execute, on behalf of the City such documents, contracts, leases, certificates, and instruments, or as may be necessary or desirable to carry out and comply with the intent of this ordinance and to implement the transaction(s) contemplated.

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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