20-10189
Contract with Kona Ice for one year with four one-year renewal options for concession at Lynn Creek Park and Loyd Park with a 30% commission back to the City estimated at $20,000 annually based on gross revenues collected by vendor totaling $100,000 (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 term
What this record is
- Amount
- $50K
- Runs until
- July 22, 2021 already ended date calculated from a contract term stated in the record, not quoted directly
- Type
- contract
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Read automatically from the title of the official record. The source document below is authoritative.
- Committee
- Parks & Recreation
- Introduced
- July 22, 2020
- On agenda
- August 4, 2020
- Passed
- August 4, 2020
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