DATE: February 3, 2017
TO: Board of Mayor and Aldermen
FROM: Eric Stuckey, City Administrator
Vernon Gerth, ACA Community & Economic Development
Lisa Clayton, Parks Director
Paige Cruse, Parks & Recreation Superintendent
SUBJECT:
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Consideration of COF Contract No. 2016-0088 Lease Agreement with Franklin Williamson County Youth Football or collectively known as the Franklin Cowboys Youth Football & Cheer (2/28/17 WS).
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Purpose
The purpose of this memo is to provide information to the Franklin Board of Mayor and Aldermen (BOMA) concerning entering into a lease agreement with Franklin Williamson County Youth Football, collectively known as the Franklin Cowboys Youth Football & Cheer for Jim Warren Park Football Area, Cowboys Complex and Phase V.
Background
In April of 2016, the Franklin Board of Mayor and Alderman approved Contract No. 2016-0088 for the Franklin Cowboys Association. The Lessee requested a new lease be approved with their new name of Franklin Williamson County Youth Football, collectively known as the Franklin Cowboys Youth Football & Cheer.
Financial Impact
The Lessee, Franklin Williamson County Youth Football paid the City of Franklin Parks Department a total sum of $1,826.67 for the 2016 season and such amount included utilities. The rent shall increase by four percent (4%) compounded annually and increase to five percent (5%) for the extension should both parties agree on the extension.
Recommendation
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Staff recommends approving the lease with the new name with this long-standing partner within the community