Hi Chester,
A couple of thoughts....
You said when you leave the tap (petcock) open it leaks gas. How long of a time frame are we talking about?
Since the fuel is supplied via gravity, if the petcock is left open between rides, the fuel will leak out, since the carb bowl can only hold so much fuel. Once the bowl is full, the extra has to go somewhere, so it leaks out of the carb.
As a rule, if the ATV isn't going to be ridden again for more than hour, turn the petcock off...
If the leak is starting within a few minutes, then I would check the fuel line for cracks or other signs of deterioration. Or possibly the fuel line fitting on the carb may be cracked, allowing the fuel to leak out...
If you would like to check into getting a repair manual, follow this link...
http://www.atv-411.com/Kawasaki-Atv-repair-manual-1.html
I also think your 220 is a 93, not a 94. The 220 production stopped in 1993, according to my sources.
Hope this helps...
Ride Safe. Ride Legal. Ride Again...Curtis