IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI
Title
A RESOLUTION authorizing the County Executive to execute a Cooperative Agreement with the City of Kansas City, Missouri providing for long-term City funding of the Harry S. Truman Sports Complex.
Intro
RESOLUTION NO. 18340, December 2, 2013
INTRODUCED BY Crystal Williams, Dan Tarwater and Theresa Garza Ruiz, County Legislators
Body
WHEREAS, the City of Kansas City, Missouri, has been a financial supporter of the County's Harry S. Truman Sports Complex since the early 1990's; and,
WHEREAS, the sports complex is an important regional asset contributing to the City and County tax base; and,
WHEREAS, the County has constructed and owns the sports complex and has leased and sub?leased the sports complex to the Kansas City Royals Baseball Corporation and the Kansas City Chiefs Football Club, Inc., pursuant to Lease Agreements dated as of January 19, 1990 and 2006 Lease Amendments dated as of January 24, 2006; and,
WHEREAS, the County and the Chiefs and the Royals have extended the term of the leases to January 31, 2031; and,
WHEREAS, the County has pledged a 3/8-cent annual sales tax and an additional county property tax of approximately $3.5 million annually for the term of the leases; and,
WHEREAS, the City's financial contributions are vital and necessary to the funding of the operation and maintenance of the sports complex during the term of the leases; and,
WHEREAS, the City and the County have determined it to be in the best interests of the residents of the City and County to maintain and operate the sports complex during the term of the leases; and,
WHEREAS, the continued operation and maintenance of the sports complex requires a cooperative effort between the City and County; and,
WHEREAS, the City and the County desire to enter into the attached Cooperative Agreement to set forth their mutual understanding relative to the continued City funding of the sports complex ...
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