Title
Subject: Communication from the City Administrator requesting to present the proposed operating agreement between the City of Racine and the Zoological Society. (Res. 12-3449)
Recommendation to the Finance & Personnel Committee on 11-26-12: The Mayor and City Clerk be authorized and directed to enter into a four year contract with the Racine Zoological Society as presented.
Fiscal Note: The City shall contribute to the Society the sum of $607,097 per year in operating years 2013 and 2014. In subsequent contract years, the city shall budget an amount not less than 90% of the 2013 amount.