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File #: 17-0263    Version: 1 Name: Approving a Performance Contract with Coastal Alabama Farmers' and Fishermen's Market, Inc.
Type: Resolution Status: Adopted
File created: 4/28/2017 In control: City Council
On agenda: 5/15/2017 Final action: 5/15/2017
Title: A Resolution Approving a Performance Contract with Coastal Alabama Farmers' and Fishermen's Market, Inc.
Attachments: 1. 2017 05 01 COF Performance Contract, 2. 2017 05 01 COF Performance Contract
Title
A Resolution Approving a Performance Contract with Coastal Alabama Farmers' and Fishermen's Market, Inc.

Summary
Description of Topic: (who, what, where, when, why and how much)

Mike Thompson - Performance Contract. Coastal Alabama Farmers' and Fishermen's Market (CAFFM) was formed by the City's Public Facilities Cooperative District and purchased the market building and Peavey building using New Markets Tax Credits financing. The mission statement of CAFFM includes promoting community awareness of sustainable farming and fishing practices, and educating the public on healthy eating habits. This Performance contract allows the City to use the market building and property free of charge in exchange for periodic general maintenance to that same facility.

Budgetary Impact:
Non-Capital Item:
____ Budgeted under account #_______________ (discussion item)
____ Not budgeted, requesting transfer of $__________ from Account #______________ to Account #_____________.
____ Not budgeted requiring increase to account #___________ in the amount of $____________.

Capital - Departmental
____ 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 #_______________
____ Not Budgeted - account #____________ requires budget increase of $_____________.

Capital Project - **THE PRE-PROJECT CHECKLIST AND BUDGET CHECKLIST MUST BE ATTACHED TO THIS FILE**
In current year Capital Projects Plan:
_____ Yes, planned amount $___________, requesting $_________ as total project estimate, including contingencies, under account #_________________
_____ No, requesting $___________ as total project estimate, including contingencies, under account #____________________

Body

WHEREAS, the City Counc...

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