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File #: 10-0287    Version: 1 Name: Real Estate Agreement
Type: Contract Status: Filed
File created: 8/13/2010 In control: Board of Sedgwick County Commissioners
On agenda: 8/25/2010 Final action: 8/25/2010
Title: PURCHASE OF REAL PROPERTY LOCATED AT SECOND STREET AND ST. FRANCIS IN WICHITA, KANSAS. Presented by: Ron Holt, Assistant County Manager. RECOMMENDED ACTION: Approve the contract and authorize the Chairman to sign.
Attachments: 1. Real Estate Purchase Contract, 2. Environmental Easement and Indemnity Agreement
Title
PURCHASE OF REAL PROPERTY LOCATED AT SECOND STREET AND ST. FRANCIS IN WICHITA, KANSAS.
Presented by: Ron Holt, Assistant County Manager.

RECOMMENDED ACTION: Approve the contract and authorize the Chairman to sign.

Body
Early on in the development of the INTRUST Bank Arena in downtown Wichita, it was recognized that an integrated downtown parking and shuttle system was a critical element for the Arena's success as well as the continuing resurgence of downtown Wichita. As such, with the opening of the Arena, the City of Wichita in collaboration with Sedgwick County, Wichita Downtown Development Corporation, Wichita Transit, INTRUST Bank Arena, and Century II, put into a place an integrated parking and transportation management system to oversee and provide coordination and marketing of the downtown parking assets. In support of the Downtown Wichita (Arena) Parking and Transportation plan, the following "Mission Statement" was developed:
"Our mission is to contribute to the success of the development of downtown Wichita by efficiently managing, marketing, and providing accessible and affordable parking and mobility services to the citizens and patrons attending events at the INTRUST Bank Arena and Century II."

The objectives of the Downtown Wichita (Arena) Parking and Transportation plan for the Arena and Century II are:
- To coordinate parking for arena events with Century II and Old Town to limit/reduce parking
conflicts for these three areas;
- To maximize the use of the parking and transit assets as part of an interconnected parking and
transit system;
- To simplify and coordinate public communications and public relations regarding the availability
and pricing of parking, public transit, and other alternatives;
- To maintain safe, adequate, and affordable parking facilities while planning for the development
of new parking facilities in a cost-effective manner;
- To coordinate between private lot owners around the Arena to increase t...

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