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A 24-147

Approve and authorize the Monterey County Laguna Seca Representative to execute Amendment No. 2 to the Sanction Agreement executed on June 14, 2021, between the International Motor Sports Association, LLC, and the County of Monterey for a race competition event at WeatherTech® Raceway at Laguna Seca with a 2025 sanction fee of $535,000 for an aggregate not to exceed sanction fee of $2,505,000 over the term of the Agreement.

BoS Agreement Public Works, Facilities & Parks - Consent Introduced March 26, 2024

What this record is

Held by
International Motor Sports Association, LLC
Amount
$2.50M
Runs until
Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
Type
amendment

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Read automatically from the title of the official record. The source document below is authoritative.

Committee
Board of Supervisors
Requested by
Public Works, Facilities and Parks
Introduced
March 26, 2024
On agenda
April 16, 2024

Where it was heard

Board of Supervisors Apr 16, 2024

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