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 calculated from the contract term stated in the record
- Type
- amendment
- Field
- Real estate
See everything else expiring in this field →
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