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Last Published: 12/4/2006 3:35:31 PM
KANSAS CITY COMMITTEE RECORD
 
Upon Roll Call the following members were present:
Present:3 - TERESA LOAR, JIM ROWLAND, ALVIN BROOKS
Out:1 - EVERT ASJES
 

991615
Authorizing a Lease Agreement with Valentine-McCormick-Ligibel, Inc., at Kansas City Downtown Airport.


AVIATION COMMITTEE recommends "DO PASS"
Russell Widmar, Director of the Aviation Department, testified on behalf of this ordinance. This ordinance would authorize a lease agreement for three thousand fourteen square feet (3014 ft.) of additional exterior space located on the 2nd floor of the downtown airport. Valentine-McCormack, Inc. (VML) currently leases nineteen thousand two hundred forty (19,240) square feet of office space and one thousand eighty-three (1083) square feet of exterior space. This is an advertising business inside the airport. This lease will generate $39,785.00 annually and bring the total rent paid by VML to approximately $282,000.00 per year.
Ayes: 3 - Loar, Rowland, Brooks
Nays: 0
 
  The following item has been added to the agenda:
 
 Staff will give a presentation regarding Richards-Gebaur Airport.