ORDINANCE NO. 210606
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Authorizing a Lease Agreement with US Federal Properties Co., LLC for the construction, leasing, operation, maintenance and repair of a general office and associated improvements for the use and benefit of the U.S. General Services Administration (GSA) at the Kansas City International Airport.
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BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:
Section 1. That the Director of Aviation is authorized to execute a Lease Agreement with US Federal Properties Co. (Lessee) for the construction, leasing, operation, maintenance and repair of a general office and associated improvements for the use and benefit of the GSA at the Kansas City International Airport for a term not to exceed Seven Hundred Twenty (720) months. A copy of the Lease Agreement, in substantial form, is on file in the Office of the Director of Aviation and is hereby approved.
Section 2. That notwithstanding execution of this Lease Agreement by the City and Lessee, this Lease Agreement shall be contingent upon the GSA awarding a lease to Lessee (Award). If such Award is not received by Lessee within ninety (90) days after the date of execution of this Lease Agreement by the City and Lessee, this Lease Agreement shall automatically terminate without liability of either party to the other.
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Section 3. That the Director of Aviation is authorized to execute, on behalf of the City, such documents, contracts, leases, certificates and instruments, or as may be necessary or desirable to carry out and comply with the intent of this ordinance and to implement the transaction contemplated herein. |
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Approved as to form and legality:
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Nelson V. Munoz
Assistant City Attorney