Contract with J. Bob's Kettle Corn & Fudge for one year with four one-year renewal options for concession at Prairie Lights with a 22% commission back to the City estimated at $55,000 annually based on gross revenues collected by vendor totaling $250,000 (estimated), 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

Agenda Item Consent Agenda Introduced August 29, 2019

What this record is

Amount: $50K
Runs until: August 29, 2020 already ended calculated from the contract term stated in the record
Type: amendment

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