Title
A Resolution Approving An Increase to the Performance Contract with Taking Off Hot Air Balloon Company
Summary
Council approved a $22,500 sponsorship within the FY26 budget to Taking Off Hot Air Balloon Company for the storage, flight, and maintenance of the City's hot air balloon. Taking Off Hot Air Balloon Company has requested a $7,500 increase to the contract for a total contract price of $30,000.00.
Budgetary Impact:
Non-Capital Item:
____ Budgeted under account #_______________ (discussion item)
____ Not budgeted, requesting transfer of $__________ from Account #______________ to Account #_____________.**Request to Transfer Departmental Budget Dollars form must be attached**
__X__ Not budgeted requiring increase to account #100-5060-6052 (Public Relations - Marketing) in the amount of $7,500.00.**Request to Increase Departmental Budget Dollars form must be attached**
Capital - Departmental **Capital Purchase Worksheet form must be attached**
____ Budgeted under account #______________ for $_________ and described in budget as ________________________. Additional amount needed, if any: Increase in budget of $_________ OR, transfer of $________ from Account #____________ to Account #_____________**Request to Increase OR Request toTransfer Departmental Budget Dollars form must be attached**
____ Not Budgeted - account #____________ requires budget increase of $_____________.**Request to Increase Departmental Budget Dollars form must be attached**
Capital Project - **If requesting to start a project, a Capital Project Worksheet form must be attached**
In current year Capital Projects Plan:
_____ Yes, described as __________________________, planned amount $___________, requesting $_________ as total project estimate, including contingencies, under account #_________________
_____ No, requesting $___________ as total project estimate, including contingencies, under account #____________________.
_____ No, requesting an increase of $___________ to an already approved project titled ________________________ that is being tracked under Account No. ___________________.
Body
WHEREAS, Taking Off Hot Air Balloon Company has requested an additional $7,500 for the FY26 Performance Contract, and
WHEREAS, Council has agreed to increase the sponsorship from $22,500 to $30,000 for the FY26 budget.
NOW THEREFORE BE IT RESOLVED that the City Council of the City of Foley, Alabama, as follows:
SECTION 1: Approves an additional $7,500.00 in account 100-5060-6052 (Public Relations - Marketing) for a total contract price of $30,000.00 to Taking Off Hot Air Balloon Company.
SECTION 2: This Resolution shall become effective immediately upon its adoption as required by law.