Legislation Details

File #: 24-0324    Version: 1 Name: Approval of a resolution for the execution of an operating and lease agreement
Type: Resolution Status: Agenda Ready
File created: 9/12/2024 In control: Call for Special Meeting
On agenda: 9/24/2024 Final action:
Title: Approval of a resolution for the execution of an operating and lease agreement
Attachments: 1. City of Crossville Resoluution Approving Lease and Operating Agreement.pdf, 2. DRAFT Combined Lease and Operating Agreement 8.pdf

Title

Approval of a resolution for the execution of an operating and lease agreement

 

Body

SUMMARY: A resolution approving the City’s execution of a Lease and Operating Agreement between and among the City, the Authority, and Putnam County Family Young Men’s Christian Association in respect of the family sports, recreation, and entertainment facility (the “Recreation Center”) to be constructed by the Authority using the proceeds of the Series 2024 Bonds.

 

 

 

Recommended Action

NECESSARY COUNCIL ACTION: approve resolution