IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI
Title
A RESOLUTION authorizing the County Executive to execute Memoranda of Understanding with the Jackson County Sports Complex Authority, a body corporate and politic of the State of Missouri, and the Kansas City Chiefs Football Club, Inc., a Texas corporation authorized to do business in Missouri, concerning the continued operation of and proposed improvements to the Harry S Truman Sports Complex.
Intro
RESOLUTION # 15430, March 28, 2005
INTRODUCED BY Dan Tarwater, County Legislator
Body
WHEREAS, by Resolution 8137, dated January 19, 1990, the Legislature did approve the current leases between the Jackson County Sports Complex Authority ("Sports Authority") and the Kansas City Chiefs for the operation of Arrowhead Stadium at the County's Harry S Truman Sports Complex; and,
WHEREAS, these leases now expire in the year 2015; and,
WHEREAS, Arrowhead Stadium has served 34 seasons as the home playing site of the Kansas City Chiefs; and,
WHEREAS, it is recognized that significant renovations are needed in order to extend the useful lives of these facilities and keep the facility competitive with other National Football League stadiums; and,
WHEREAS, a Bi-State Sales Tax was proposed to provide funding for these renovations; and,
WHEREAS, the Bi-State Sales Tax referendum election held on November 3, 2004 failed; and,
WHEREAS, the Sports Authority remains in need of funds sufficient to complete the requirements of the "Existing Master Plan" as referred to in the Lease; and,
WHEREAS, the Sports Authority is conscious of possible alternative solutions to update the facility; and,
WHEREAS, it is essential to defer certain requirements of the Existing Master Plan in order to pursue the proposed alternatives; and,
WHEREAS, the Sports Authority, the Kansas City Chiefs Football Club, Inc., and the lessees, have approved this memorandum of understanding deferr...
Click here for full text