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  2. Finance Committee - Agenda - 10/6/2021 - P211

Finance Committee - Agenda - 10/6/2021 - P211

By dnadmin on Mon, 11/07/2022 - 13:37
Document Date
Fri, 10/01/2021 - 11:42
Meeting Description
Finance Committee
Document Type
Agenda
Meeting Date
Wed, 10/06/2021 - 00:00
Page Number
211
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_a__100620…

RESOLUTION:

PURPOSE:

ENDORSERS:

COMMITTEE

ASSIGNMENT:
FISCAL NOTE:

LEGISLATIVE YEAR 2021
R-21-172

Authorizing the Mayor to enter into a Second Amendment to
Concession Agreement with Granite Diamond, LLC

Mayor Jim Donchess

Finance Committee

This Second Amendment to Concession Agreement will
generate a maximum of $28,000 in game fees for the use of
Holman Stadium per baseball season. The City will also receive
40% of net profits of concession sales from City non-league
games and sponsored events. Having this Concession
Agreement does require an increased cost for utilities, grounds
maintenance and overtime.

ANALYSIS

This resolution authorizes the Mayor to enter into a Second Amendment to Concession
Agreement with Granite Diamond, LLC. This Second Amendment extends the Concession
Agreement for an additional year, through December 31, 2022, continuing all the other terms of
the Concession Agreement. The per game fee remains the same.

Approved as to form:

Office of Corporation Counsel

By: Dp. Coa Bs
Date: Septendae. dd, aoe-l

Page Image
Finance Committee - Agenda - 10/6/2021 - P211

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