File #: 15145    Version: 0 Name: Royals Baseball Corporation lease agreement amendment.
Type: Resolution Status: Passed
File created: 8/30/2004 In control: Legislature As A Whole
On agenda: 8/30/2004 Final action: 9/7/2004
Title: A RESOLUTION partially rescinding Resolution 15012, dated May 10, 2004, and authorizing the County Executive to approve a revised First Amendment to the Lease Agreement between the Jackson County Sports Complex Authority and the Kansas City Royals Baseball Corporation, concerning the continued operation of and proposed improvements to the Harry S Truman Sports Complex.
Sponsors: Scott Burnett
Indexes: Harry S Truman Sports Complex, LEASE AGREEMENT, Royals Baseball Corporation, SPORTS COMPLEX AUTHORITY
IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI


Title
A RESOLUTION partially rescinding Resolution 15012, dated May 10, 2004, and authorizing the County Executive to approve a revised First Amendment to the Lease Agreement between the Jackson County Sports Complex Authority and the Kansas City Royals Baseball Corporation, concerning the continued operation of and proposed improvements to the Harry S Truman Sports Complex.


Intro
RESOLUTION # 15145, August 30, 2004

INTRODUCED BY Scott Burnett, County Legislator


Body
WHEREAS, by Resolution 15012, dated May 10, 2004, the Legislature did authorize the County Executive to approve First Amendments to the Lease Agreements between the Jackson County Sports Complex Authority and Kansas City Chiefs Football Club, Inc., and Kansas City Royals Baseball Corp., concerning the continued operation of and proposed improvements to the Harry S Truman Sports Complex; and,

WHEREAS, while the Amendment to the Lease with the Chiefs has been fully executed, the Royals requested certain modifications to the Amendment to the Lease, as approved ("the Amendment"), concerning the subordination of provisions of the Amendment and underlying lease to policies and directives issued by Major League Baseball; and,

WHEREAS, the Amendment contained a provision stating that, if it was not approved by Major League Baseball by May 28, 2004, it would be null and void; and,

WHEREAS, the Amendment was not approved by that date, but the Royals and Sports Complex Authority have engaged in negotiations over the past few months to develop mutually agreeable language to govern the subordination issue; and,

WHEREAS, the Authority now recommends that the Legislature approve the attached revised First Amendment to the Lease Agreement with the Kansas City Royals Baseball Corporation; and,

WHEREAS, as previously stated, this Amendment will only become effective if sufficient funds to pay for the required improvem...

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