Series 101 2000 ORDINANCES/RESOLUTIONS
Section 101-609 Ord. 16672; Authorizing Execution of a Real Estate Contract to Purchase Property Near Columbia Regional Airport
Bill No. B 370-00
authorizing the City Manager to execute a real estate contract to purchase property
Columbia Regional Airport; advancing funds from the Designated Loan Fund; appropriating
funds; and fixing the time when this ordinance shall become effective.
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBIA, MISSOURI, AS
SECTION 1. The City Manager is hereby authorized to execute
a real estate contract to
purchase property near Columbia Regional Airport. The form and content of the contract shall
be substantially as set forth in "Exhibit A" attached hereto and made a part hereof as fully
set forth herein verbatim.
SECTION 2. The sum of $ 385,000 is hereby appropriated
from the Designated Loan Fund
Account No. 710-0000-132.01-00 to the Airport Land Acquisition Project Account No. 554-6288-881.49-90
SECTION 3. The sum of $ 225,000 is hereby appropriated
from the Airport Utility Fund
Account No. 554-0000-351.01-00 to the Airport Land Acquisition Project Account No. 554-6288-881.49-90
SECTION 4. This ordinance shall be in full force and effect
from and after its passage.
PASSED this 20th day of November, 2000.