24-3256
Authorize the (1) third amendment to extend the lease and use agreement between Fair Park First and Live Nation Worldwide for an additional ten years, plus two additional five-year extension options; (2) receipt and deposit of funds Live Nation Worldwide in an amount not to exceed $1,000,000.00 in Fair Park Surcharge & Excess Revenues Fund; (3) establishment of appropriations in an amount not to exceed $1,000,000.00 in the Fair Park Surcharge and Excess Revenues Fund; and (4) transfer of funds to Debt Service Fund in an amount not to exceed $1,000,000.00 - Estimated Revenue: Fair Park Surcharge and Excess Revenues Fund $1,000,000.00
What this record is
- Amount
- $1.00M
- Runs until
- October 16, 2029 3 years away date calculated from a contract term stated in the record, not quoted directly
- Type
- amendment
- Field
- Real estate
real estate contracts in TX that end within a year →
Governments publish the end date in the award. That date is when the
work goes back out to bid, and it is usually stated years ahead.
Read automatically from the title of the official record. The source document below is authoritative.
- Committee
- Park & Recreation Department
- Requested by
- Park & Recreation Department (PKR)
- Introduced
- October 16, 2024
- On agenda
- November 13, 2024
Where it was heard
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