RESOLUTION NO. 060831

Supporting a refinancing of the President Hotel project.

WHEREAS, the City has participated in the financing of the redevelopment of the President Hotel: and

WHEREAS, the redeveloper intends to refinance its portion of the financing of this project; and

WHEREAS, the City supports this redevelopment project; NOW, THEREFORE,

BE IT RESOLEVD BY THE COUNCIL OF KANSAS CITY:

That the City supports a refinancing of the President Hotel project.

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