Section 105-353; Ord. 18165; Authorizing the City Manager to execute a real estate contract with Quarry Properties, L.L.C. to purchase property located at the east terminus of Big Bear Boulevard for a snow and ice control facility; appropriating funds


Ordinance No.            018165                      Council Bill No. B 216-04           


AN ORDINANCE

authorizing the City Manager to execute a real estate contract with Quarry Properties, L.L.C. to purchase property located at the east terminus of Big Bear Boulevard for a snow and ice control facility; 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 FOLLOWS:

    SECTION 1.  The City Manager is hereby authorized to execute a real estate contract with Quarry Properties, L.L.C. to purchase property located at the east terminus of Big Bear Boulevard for a snow and ice control facility.  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 as if set forth herein verbatim.

    SECTION 2.  The sum of $ 190,000 is hereby appropriated from the Accumulated Investment Income Account No. 440-0000-101.01-00 C40500 to the Salt Storage Building Project Account No. 440-8800-508.49-90 C00192.

    SECTION 3.  This ordinance shall be in full force and effect from and after its passage.

    PASSED this 19th day of July, 2004.