COMMITTEE SUBSTITUTE FOR ORDINANCE NO. 070501

Authorizing the Director of Conventions and Entertainment Facilities to execute a five-year agreement with Anschutz Kansas City, LLC, for the management, booking and operation of Kemper Arena; estimating revenue in the amount of $41,667.00 in the Convention and Tourism Fund; and appropriating $41,667.00 in the General Fund; and recognizing an emergency.

WHEREAS, the City owns Kemper Arena, an arena operated to provide cultural, entertainment and various sports-related events for the citizens and visitors of Kansas City, Missouri; and

WHEREAS, the City is interested in the ongoing success and vitality of Kemper Arena as it desires to maximize its potential; and

WHEREAS, the City requested proposals for the private management, booking and operation of Kemper Arena on the Citys behalf to further those goals; and

WHEREAS, the Selection Committee created to review the proposals submitted recommends that the City enter into contract negotiations with Anschutz Kansas City, LLC, as a result of their proposal; and

WHEREAS, the City Manager entered into negotiations with Anschutz Kansas City, LLC, for a five-year contract; NOW, THERFORE,

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 Kemper Arena, a copy of which is on file, in substantial form, at the offices of the Convention and Entertainment Facilities Department.

Section 2. That additional revenue is hereby estimated in the following amount in the following account of the General Fund:

08-1000-632204-457500 Facility Rental $41,667.00

Section 3. That additional expenditure is hereby appropriated in the following amount in the following account of the General Fund:

08-1000-632204-B Kemper Arena Management $41,667.00

Section 4. That this ordinance is recognized as an emergency measure within the provisions of Section 503 of the City Charter in that it appropriates money, and shall take effect in accordance with that section.

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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.

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Debra R. Hinsvark

Director of Finance

Approved as to form and legality:

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Joseph A. Guarino

Assistant City Attorney