ORDINANCE NO. 001076

Authorizing the City Manager to execute a ten-year Lease Agreement with three additional five-year renewal options with the National Association of Basketball Coaches Foundation, Inc., for exhibition space at the Municipal Auditorium.

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

Section 1. That the City Manager is hereby authorized to execute, on behalf of the City, a ten-year Lease Agreement with the National Association of Basketball Coaches Foundation, Inc., for office and exhibition space at Kansas City Municipal Auditorium. The City Manager is authorized to renew this lease upon the terms and conditions set forth in the agreement for three successive five-year terms. A copy of the agreement, in substantial form, is attached hereto and is hereby approved.

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Approved as to form and legality:

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Assistant City Attorney