FOR ORDINANCE NO. 081251
Directing the Director of Aviation to increase the
Transportation Facility Charge on rental car vehicles at Kansas City International Airport.
BE IT ORDAINED BY THE
COUNCIL OF KANSAS CITY:
Section 1. Definitions.
Agreement means the Consolidated Rental Car
Bus Service and Lease Agreement dated October 11, 2006 between the City and KCI
RACS, LLC,and as it may be subsequently amended.
Cost of Service is defined herein as it is
defined in the Agreement and includes: i) Bus Service Debt; ii) Payment of
Building Rent and Ground Rent; iii) Payments or funds allocated for
replacement of Consolidated Buses; and iv) Operation and maintenance expenses.
TFC is defined herein as it is defined in the
Agreement and is the transportation facility charge portion of the per rental
day use fee upon the rental of a passenger vehicle from a rental car agency at
Kansas City International Airport authorized by Kansas City Code Sec. 6-49.
Section 2. Effective May 1, 2009, the Director
of Aviation is hereby directed to annually adjust the present TFC so that the
TFC collections are equal to the actual certified Cost of Service; provided,
however, that the portion of the TFC subject to annual adjustment shall not
include the Building Rent and Ground Rent portion of Cost of Service.
Section 3. Any increase in the TFC is
contingent upon KCI RACS, LLC submitting, at its sole expense, an independent
certified audit of the Cost of Service within 60 calendar days after each
anniversary date of the Date of Beneficial Occupancy, as defined in the
Section 4. Beginning May 1, 2010, in no event
will the annual adjustment of the TFC be an amount more than 5% above the TFC
collected during the prior contract year.
as to form and legality:
Assistant City Attorney