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Legislation #: 150028 Introduction Date: 2/5/2015
Type: Ordinance Effective Date: none
Sponsor: None
Title: Authorizing a Third Amendment to the Paradies-Kansas City, LLC, retail concessions lease agreement at Kansas City International Airport.

Legislation History
DateMinutesDescription
1/14/2015 Filed by the Clerk's office
2/5/2015 Referred to Transportation & Infrastructure Committee
2/19/2015 Advance and Do Pass, Debate
2/19/2015 Passed

View Attachments
FileTypeSizeDescription
160028.pdf Authenticated 76K Authenticated
150028 Third Amendment.pdf Agreement 349K Third Amendment
150028 Fiscal Note.pdf Fiscal Note 15K Fiscal Note
150028 Fact Sheet.pdf Fact Sheet 175K Fact Sheet

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ORDINANCE NO. 150028

 

Authorizing a Third Amendment to the Paradies-Kansas City, LLC, retail concessions lease agreement at Kansas City International Airport.

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That the Director of Aviation is hereby authorized to enter into a Third Amendment with Paradies-Kansas City, LLC to extend their Lease term to December 31, 2019, and change the “cap” on percentage rents from $14 million to $5.5 million (which will allow KCI to increase revenues). A copy of this amendment is on file in the Aviation Department.

_________________________________________

 

Approved as to form and legality:

 

 

______________________________

Dorothy L. Campbell

Assistant City Attorney