Printer Friendly Version
ORDINANCE NO. 040228
Lease
Agreement between City of Kansas City, Missouri and LJA Enterprises for rental
of retail space located in the 11th and Oak Street Parking Garage.
BE
IT ORDAINED BY THE COUNCIL OF KANSAS CITY:
Section
1. That the Director of City Development is hereby authorized to enter into a
Lease Agreement with LJA Enterprises for 1,690 square feet of retail space
located in retail space 2C of the 11th and Oak Street Parking Garage for a
period of 5 years beginning March 1, 2004 through February 28, 2009.
Section
2. The Director of City Development is authorized to renew this lease for one
(1) additional five-year period with a Consumer Price Index (CPI) increase in
rent to begin during the option period beginning March 1, 2009.
__________________________________
Approved
as to form and legality:
_____________________________
Alisa
Lynch
Assistant
City Attorney