Price agreement for Grand Prairie Skate Park Operations from Action Park Alliance (up to $30,000.00 annually) for one year with the option to renew for four additional one year periods totaling $150,000 if all extensions are exercised; authorize the City Manager to execute the renewal options with aggregate price fluctuations of the lesser of up to $50,000 or 25% of the original maximum price so long as sufficient funding is appropriated by the City Council to satisfy the City’s obligation during the renewal terms

What this record is

Held by

Action Park Alliance

Amount

$150K

Runs until

no end date published in this record

Type

amendment

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

Committee

Parks & Recreation

Introduced

February 15, 2018

On agenda

March 6, 2018

Passed

March 6, 2018