LEGISLATIVE YEAR 2021
RESOLUTION: R-21-110
PURPOSE: Authorizing the Mayor to enter into a First Amendment to
Concession Agreement with Granite Diamond, LLC.
ENDORSERS: Mayor Jim Donchess
COMMITTEE
ASSIGNMENT: Finance Committee
FISCAL NOTE: This First 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 First Amendment to Concession Agreement
with Granite Diamond, LLC. This First Amendment extends the Concession Agreement for an
additional year, through December 31, 2021, continuing all the other terms of the Concession
Agreement.
Approved as to form: Office of Corporation Counsel
By: Mpunke, Aude
Date: VD (FoAnalO Foe
