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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 PBFC PAL HAMMERHEADS INC. TO USE THE ATHLETIC FIELDS AT COMMUNITY PARK TO PROVIDE SOCCER PROGRAMS FOR YOUTH AGES FIVE TO EIGHTEEN; PROVIDING AN EFFECTIVE DATE.
(Fiscal Impact: $1,150 - Estimated Revenue)
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(Staff Contact: Mark A. Beaudreau)
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Summary Explanation/Background:
The Resolution is to enter into a license agreement with the PBFC Pal Hammerheads Inc. The license agreement is for PBFC Pal Hammerheads Inc. to use the athletic fields at Community Park to provide soccer programs for youth ages five to eighteen. The agreement is for a term of three years, with a renewal option to renew the agreement for an additional two periods of one year. On a semi-annual basis the Licensee shall pay the City a fee of ten percent of the revenue from each non-resident participant.
Origin of request for this action: Parks and Recreation Department Staff
Fiscal impact and source of funding: $1,150 - Estimated Revenue - City to receive on a semi-annual basis 10% of revenue from each non-resident participant.
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