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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 LICENSE AGREEMENT BETWEEN THE CITY OF POMPANO BEACH AND AEG PRESENTS SE, LLC; PROVIDING AN EFFECTIVE DATE.
(Fiscal Impact: Revenue generating through escalating rental payments $2,500.00/ event during the first year; $3,500 during the second year; and $4,500 during the third year.)
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(Staff Contact: Earl Bosworth)
summary
Summary Explanation/Background:
This license agreement will provide for event programming at the Amphitheater for a term of three (3) years with no renewal options.
Origin of request for this action: City Manager’s Office
Fiscal impact and source of funding: Revenue generating through escalating rental payments $2,500.00/ event during the first year; $3,500 during the second year; and $4,500 during the third year.
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