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.

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Approved as to form and legality:

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Alisa Lynch

Assistant City Attorney