City of Racine - File #: Res.09-1472

• File #: Res.09-1472
• Version: A
• Name: Approval of agreement for Sport Rental Company at North Beach and Mayor and City Clerk enter into agreement
• Type: Resolution
• Status: Passed
• File created: 6/16/2009
• In control: City Attorney's Office
• Final action: 6/16/2009
• Title: Approval of agreement for Sport Rental Company at North Beach and Mayor and City Clerk enter into agreement Resolved, that the Mayor and City Clerk be authorized and directed to enter into an agreement with Brett Kaydo, d/b/a Pier 29 Water Sports Rental, for a water sport rental company at North Beach for a period of three years commencing on June 1, 2009 through Labor Day, 2011 with an option to renew for two years upon agreement of both parties. The City will receive a percentage of the net receipts as follows: 5% per the first year; 10% the second year and 15% for third year. Fiscal Note: Payment to the City will be at the end of the season.
• Sponsors: Terry McCarthy
• Related files: 08-1984

Date	Ver.	Action By	Action	Result
6/16/2009	A	Common Council	Adopted	Pass

Sponsor

Alderman McCarthy

Title

Approval of agreement for Sport Rental Company at North Beach and Mayor and City Clerk enter into agreement

Resolved, that the Mayor and City Clerk be authorized and directed to enter into an agreement with Brett Kaydo, d/b/a Pier 29 Water Sports Rental, for a water sport rental company at North Beach for a period of three years commencing on June 1, 2009 through Labor Day, 2011 with an option to renew for two years upon agreement of both parties.  The City will receive a percentage of the net receipts as follows:  5% per the first year; 10% the second year and 15% for third year.

Fiscal Note:  Payment to the City will be at the end of the season.