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ORDINANCE NO. 040227
Lease
Agreement between City of Kansas City, Missouri and Chili Shack of KC, LLC 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 Chili Shack of KC, LLC for 1,476 square feet of retail
space located in retail space 2B of the 11th and Oak Street Parking Garage for
a period of 3 years beginning April 1, 2004 through May 31, 2007.
Section
2. The Director of City Development is authorized to renew this lease for
three (3) five-year periods with a $1.00 per square foot increase in rent to
begin at the start of each five (5) year option renewal.
__________________________________
Approved
as to form and legality:
_____________________________
Alisa
Lynch
Assistant
City Attorney