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Title:
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Authorizing the City Manager to execute a Memorandum of Understanding with Edgemoor Infrastructure and Real Estate LLC for a terminal modernization project at the Kansas City International Airport; authorizing the City Manager to execute a related Reimbursement Agreement with Edgemoor Infrastructure and Real Estate LLC; establishing Fund No. 8560, the 2018 Airport Terminal Bond Fund, in the records of the City of Kansas City, Missouri; estimating revenues in the amount of $30,000,000.00 in Fund No. 8560, 2018 Airport Terminal Bond Fund; appropriating that amount to the 2018 Airport Terminal Bond Fund account; declaring the City’s intent to reimburse itself for certain expenditures; and recognizing this ordinance as having an accelerated effective date pursuant to Sections 503(a)(3)(C) and (D) of the Charter.
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