title
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF POMPANO BEACH, FLORIDA, APPROVING AND AUTHORIZING THE PROPER CITY OFFICIALS TO EXECUTE A SECOND AMENDMENT TO THE PARKING LICENSE AGREEMENT BETWEEN THE CITY OF POMPANO BEACH AND SANDS HARBOR RESORT & MARINA LLC; PROVIDING AN EFFECTIVE DATE.
(Fiscal Impact: $86,400 Annual Net Revenue)
staffcontact
(Staff Contact: Jeff Lantz)
summary
Summary Explanation/Background:
This item is a resolution for a License agreement between the City and Sands Harbor Resort and Marina LLC and will replace our previous agreement dated December 14, 2021 as resolution 2025-39. The location referenced in this agreement is a municipal surface parking lot located at 109 North Oceanside Boulevard and is just east of Sands Harbor Resort and Marina located at 125 North Riverside Drive.
The City will issue up to 120 parking passes and a minimum of 70 passes on a monthly basis which will be used for Sands Harbor guests, employees and invitees to fulfill its offsite parking requirements. Sands Harbor has consistently paid this minimum obligation each month during our current agreement and this has consistently generated $86,400 each year in parking revenue to the City. Once each month a staff member from Sands Harbor picks up and pays for the permits resulting in minimum cost to the Parking system.
Origin of request for this action: Parking Operations Division
Fiscal impact and source of funding: $86,400 Annual Net Revenue
pagebreak1
strategicplan_emblem_field
pagebr
strategicplan_description_field