File #: 18629    Version: 0 Name: Amended and Restated Agency Agreement with the Jackson County Sports Complex Authority
Type: Resolution Status: Passed
File created: 10/9/2014 In control: Finance and Audit Committee
On agenda: 10/13/2014 Final action: 10/20/2014
Title: A RESOLUTION authorizing the County Executive to execute an Amended and Restated Agency Agreement with the Jackson County Sports Complex Authority concerning the management, operation, and maintenance of the Harry S Truman Sports Complex, at no cost to the County.
Sponsors: Scott Burnett
Indexes: HARRY S TRUMAN SPORTS COMPLEX, SPORTS COMPLEX AUTHORITY
Attachments: 1. 18629adopt.pdf, 2. 18629AGMT
Related files: 3789
 
      IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI
 
 
Title
A RESOLUTION authorizing the County Executive to execute an Amended and Restated Agency Agreement with the Jackson County Sports Complex Authority concerning the management, operation, and maintenance of the Harry S Truman Sports Complex, at no cost to the County.
 
 
Intro
RESOLUTION NO. 18629, October 13, 2014
 
INTRODUCED BY Scott Burnett, County Legislator
 
 
Body
WHEREAS, the County and the Jackson County Sports Complex Authority entered into an agreement on March 21, 1967, in which the Authority was appointed as the agent of the County for the purpose of planning and designing the Truman Sports Complex, which 1967 Agreement provided for activities related to the funding, site selection, land purchase, design and construction of the Sports Complex; and,
 
WHEREAS, the County and the Authority entered into a subsequent agreement on October 31, 1970, which recited that the County was constructing the Sports Complex on a site described therein and stating that the land acquisition and construction to date had been financed with the proceeds of the County's 1967 general obligation bonds and that the County leased to the Authority the Sports Complex and the County and the Authority agreed on such other actions as necessary to build, maintain, and operate the Sports Complex under agreements between the County, the Authority and the Kansas City Chiefs Football Club and the Kansas City Royals Baseball Club; and
 
WHEREAS, the County and the Authority entered into additional agency agreements in 1987 and 1990; and,
 
WHEREAS, the County has constructed, expanded, and renovated the Sports Complex and has leased the Sports Complex to the Authority pursuant to a Lease Agreement dated as of January 19, 1990 and 2006 Lease Amendment dated as of January 24, 2006 and the Authority has sub-let the portions of the Sports Complex to the teams pursuant to the 2006 Lease; and,
 
WHEREAS, the County, the Authority and the teams have extended the term of the Lease Agreement to January 31, 2031; and,
 
WHEREAS, the County issued its Series 2006 Special Obligation Bonds to fund the renovation and expansion of the Sports Complex; and,
 
WHEREAS, under the terms of the 2006 Lease continued operation and maintenance of the Sports Complex requires a cooperative effort between the County, the Authority, and the teams; and,
 
WHEREAS, the County funds the administrative costs and expenses of Authority in the approximate annual amount of $500,000 with certain inflationary increases as set forth in the 2006 Lease; and,
WHEREAS, the County and the Authority wish to further define and formalize their working relationship with respect to the Authority's role as the County's agent; and,
 
WHEREAS, the attached Restated Agency Agreement provides a suitable mechanism by which to accomplish this purpose; and,
 
WHEREAS, the execution of the attached Restated Agency Agreement is in the best interests of the health, welfare, and safety of the citizens of Jackson County; now therefore,
 
BE IT RESOLVED by the County Legislature of Jackson County, Missouri, that the County Executive be, and hereby is, authorized to execute the attached Restated Agency Agreement with the Jackson County Sports Complex Authority.
 
Enacted and Approved
Effective Date:  This Resolution shall be effective immediately upon its passage by a majority of the Legislature.
 
 
APPROVED AS TO FORM:
 
 
____________________________             ______________________________
Chief Deputy County Counselor                  County Counselor
 
Certificate of Passage
 
      I hereby certify that the attached resolution, Resolution No. 18629 of October 13, 2014, was duly passed on October 20, 2014 by the Jackson County Legislature.  The votes thereon were as follows:
 
            Yeas ______9______            Nays ________0_____
 
 
            Abstaining ____0____            Absent ______0______
 
 
 
 
 
________________________                  _______________________________
Date                                          Mary Jo Spino, Clerk of Legislature