Title
Further Discuss the Lease Agreement for the Foley Events Center and Foley Sports Tourism Complex
Summary
DESCRIPTION OF TOPIC: (who, what, when, where, why, and how much)
The Special Called meeting is to discuss proposed revisions to the lease agreements.
SOURCE OF FUNDING:
Please provide the amount requested: ____________
Is this a budgeted item? Yes /No
Please provide the budgeted amount: $_____________ Account No. ___________________________
If budgeted, is this a capital purchase, capital project, or special fund? _________________________
Was this item included in the Fiscal Year Capital Projects Plan? Yes/No
If yes, please provide the amount included in Capital Projects Plan: $___________
Body
WHEREAS, under enabling Resolution 14-0059-Res on February 17, 2014 the Foley City Council authorized the Mayor to sign the lease agreements for the Foley Events Center and the Foley Sports Tourism Complex, and
WHEREAS, if necessary, the Council would call a Special Called meeting within ten (10) days prior to the proposal terminating for the Council to consider any proposed revisions, and
WHEREAS, revisions to the lease agreement have been brought forward to the Council for consideration.
NOW THEREFORE BE IT RESOLVED that the City Council of the City of Foley, Alabama, as follows:
SECTION 1: Approves the lease agreements for the Foley Events Center and the Foley Sports Tourism Complex in the substantial form as presented by the City attorney.
SECTION 2: This Resolution shall become effective immediately upon its adoption as required by law.