ORDINANCE NO. 250958
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Sponsor: Director of Aviation Department
Authorizing the Aviation Director to execute a Reinstatement of and Amended and Restated Master Development Agreement with Trammell Crow Chicago Development, Inc., for the development of various lands at Kansas City International Airport.
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BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:
Section 1. That the Director of Aviation is authorized to execute, on behalf of the City, such documents, ground leases, certificates and instruments as may be necessary or desirable to carry out and comply with the intent of this ordinance and to implement provisions detailed within the Reinstatement of and Amended and Restated Master Development Agreement, including any necessary amendments thereto or ground lease resulting therefrom.
Section 2. That the City hereby approves the project as outlined in the proposed Reinstatement of and Amended and Restated Master Development Agreement subject to receipt of all required approvals.
Section 3. That the Director of Aviation, on behalf of the City, is authorized and directed to take such further action as may be necessary or desirable to carry out and comply with the intent of this ordinance and to implement the transactions contemplated under the Reinstatement of and Amended and Restated Master Development Agreement.
Section 4. The Agreement is on file in the office of the Aviation Department.
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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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William Choi
Interim Director of Finance
Approved as to form:
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