ORDINANCE NO. 940094
Approving and authorizing the mutual termination of a
concession agreement between Kansas City, Missouri and Service America
Corporation and payment and settlement of claims by Service America Corporation
against Kansas City, Missouri for damages arising out of the performance of the
concession agreement.
BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:
Section 1. That termination of the ten year term
concession agreement entered into between Kansas City, Missouri and Service
America Corporation on August 13, 1986, is recommended by the Director of
Convention and Entertainment Centers and is hereby approved.
Section 2. That payment and settlement of all
claims of Service America Corporation against Kansas City, Missouri for damages
allegedly arising out of the performance of the concession agreement entered
into between Kansas City, Missouri and Service America Corporation on August
13, 1986 by payment to Service America Corporation the sum of $307,290.67, is
recommended by the Director of Convention and Entertainment Centers and is
hereby approved.
Section 3. That the Director of Convention and
Entertainment Centers is hereby authorized to execute the termination of the
concession agreement and the mutual release of all claims of Kansas City,
Missouri and Service America Corporation, in substantial conformance with
Exhibit "A", attached hereto and incorporated herein, and is hereby
authorized to pay the sum of $307,290.67 to Service America Corporation in
settlement of said claims, from funds heretofore appropriated in the Convention
and Entertainment Centers Fund, Account No. 236-063-2000B.
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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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Director of Finance
Approved as to form and
legality:
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Assistant City Attorney