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A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF POMPANO BEACH, FLORIDA, APPROVING AND AUTHORIZING THE PROPER CITY OFFICIALS TO EXECUTE A THIRD AMENDMENT TO THE LICENSE AGREEMENT BETWEEN THE CITY OF POMPANO BEACH AND PROSERVE CONCEPTS, INC.; PROVIDING AN EFFECTIVE DATE.
(Fiscal Impact: $20,000 minimum annual net revenues to the city)
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(Staff Contact: Mark A. Beaudreau)
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Summary Explanation/Background:
This is a third amendment to the agreement with Proserve Concepts, Inc. which was adopted on March 1, 2012 via Resolution 2012-153 for Tennis Professional services at the Municipal Tennis Center, with the first amendment approved via Resolution 2015-339 on June 26, 2015 and the second amendment approved via Resolution 2017-150 on February 17, 2017. The third amendment to the license agreement is to extend the agreement for an additional one-year period, ending February 28, 2019. The original agreement shall be fully effective as though the extension had been originally included in the agreement.
Origin of request for this action: Parks, Recreation & Cultural Arts Staff
Fiscal impact and source of funding: The licensee agrees to generate a minimum of $20,000 annually in net revenues to the city.
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RStrategic Plan Initiative
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The license agreement comes under the Strategic Plan Great Places: 2.4.2. Establish three (3) partnerships with local, national and international event organizers to secure sports business in the area