DEPARTMENT: Lease Agreement with Brackenridge Park Conservancy
DEPARTMENT HEAD: Parks & Recreation
COUNCIL DISTRICTS IMPACTED: 2
SUBJECT:
Lease Agreement with Brackenridge Park Conservancy
SUMMARY:
This Ordinance authorizes a Lease Agreement with the Brackenridge Park Conservancy for three (3) years, beginning on September 1, 2015, and ending on September 30, 2018. The Agreement will include the option to exercise two (2), one-year administrative renewal periods for the use of the former reservation building at Brackenridge Park for the purpose of operational and meeting space for administrative operations.
BACKGROUND INFORMATION:
The Brackenridge Park Conservancy (BPC) was established in 2009 to serve as a steward and an advocate for the park to preserve and enhance the park's historical and recreational resources for the enjoyment of current and future generations. In August, 2009, City Council approved a Lease with BPC for an office space within the former park reservation building without rental fees, which was subsequently renewed through August 31, 2015. Council also approved a Memorandum of Understanding (MOU) in 2009 to acknowledge the BPC's advisory function regarding the development of Brackenridge Park and the fund raising and stewardship role BPC serves for the park. The MOU was renewed through August 31, 2016.
In addition to educational programs and tours established in the park, the BPC has provided a total amount of $37,600.00 for improvements to the park since 2009. Currently, the City is not utilizing the former park reservation building and the BPC has expressed a desire to renovate and use the entire interior of the building for BPC's operational and administrative purposes. Therefore, the City and BPC desire to combine the features of the MOU and the expiring Lease Agreement into a new Lease Agreement for the entire interior of the former park reservation building without incurring rental fees, for...
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