ORDINANCE NO. 071243
Authorizing the Director of
Conventions and Entertainment Facilities to execute a five-year agreement with
AEG Kansas City Arena, LLC, for the management, booking and operation of the American Royal Center; estimating revenue in the amount of $222,598.00; and appropriating
$351,117.00 in the Convention and Tourism Fund.
BE IT ORDAINED
BY THE COUNCIL OF KANSAS CITY:
Section 1. That the
Director of the Convention and Entertainment Facilities Department is hereby
authorized to enter into and execute a five-year agreement with Anschutz Kansas
City, LLC, for the management, booking and operation of the American Royal
Center, a copy of which is on file, in substantial form, at the offices of the
Convention and Entertainment Facilities Department.
Section 2. That revenue
in the following account of the Convention and Tourism Fund is hereby estimated
in the following amount:
Section 3. That $351,117.00
is hereby appropriated to the following account of the Convention and Tourism
08-2360-632204-B American Royal Center Management $351,117.00
Section 4. That the Director of
Convention and Entertainment is designated as requisitioning authority for
Account No. 08-2360-632204.
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.
Director of Finance
as to form and legality:
Assistant City Attorney