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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 PARK LEASE AGREEMENT BETWEEN THE BOARD OF COMMISSIONERS OF THE FLORIDA INLAND NAVIGATION DISTRICT AND THE CITY OF POMPANO BEACH RELATING TO EXCHANGE CLUB PARK; PROVIDING AN EFFECTIVE DATE.
(Fiscal Impact: $100 per year as rent to FIND for the park property.)
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(Staff Contact: Mark A. Beaudreau)
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Summary Explanation/Background:
The agreement is between the Florida Inland Navigation District (FIND) and the City for the use of Exchange Club Park. The Park Lease Agreement is for a term of one year (August 26, 2016 - August 25, 2017), with four one year renewal options and includes the full extent of MSA 726. The City will pay FIND $100 per year as rent for the lease of the park property know as Exchange Club Park.
Origin of request for this action: PRCA Department Staff
Fiscal impact and source of funding: $100 per year from Special Services Account 001-3920-572-46-50