Price agreement for preventative pond maintenance at Summit, PSB, and EPIC Grounds from Five Star Aquatics dba Magnolia Fisheries (up to $37,200 annually) for one year with the option to renew for four additional one year periods totaling $186,000 if all extensions are exercised and 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

Five Star Aquatics

Amount

$186K

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

October 8, 2019

On agenda

November 5, 2019

Passed

November 5, 2019