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HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM FILE ID: (_) Date: / / Commission Meeting Date: 6/12/2008 CA.3 Requesting Department: Parks and Recreation District Impacted: Citywide Type: ® Resolution n Ordinance n Emergency Ordinance n Discussion Item Other Subject: Resolution Authorizing The City Manager to Enter into a License Agreement with Britto Central Inc., to Manufacture and Sell Items Using the Images of the Britto Sculpture at Grapeland Park. Purpose of Item: A Resolution authorizing the City Manager to enter into a License Agreement, for a term of five (5) years, with Britto Central, Inc., for the specific purpose of allowing the City to manufacture and sell items, at Grapeland Park, using certain images by artist Romero Britto from the sculpture, located in and which was created specifically for, Grapeland park and the City further agrees to pay the sum of $10,000 annually to the Britto Foundation during the term of this agreement. Background Information: The Department of Parks and Recreation recommends that the City Commission approve the attached resolution authorizing the City Manager to enter into a License Agreement with Britto Central, Inc., which provides the City the exclusive right to manufacture and sell items using the images from the Britto sculpture at Grapeland Park for a five year period; in which the City further agrees to contribute the annual sum of $10,000 to the Britto Foundation. Budget Impact Analysis NO Is this item related to revenue? YES Is this item an expenditure? If so, please identify funding source below. General Account No: 00 0 /. d"2i3 %�J `, �'� � / X' • 0600 a (P 1zo55%GNe/X >5 v Special Revenue Account No. cu i 1G. i f - C1, t TV 1t%` - LA) CIP Project No: C+ it 3 -, 1 ` `l i NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: Final Approvals (SIGN AND DATE) , CIP Budget i \ kAAA ► t s h 2 i c q If using or receiving capital funds r _ /' Grants Risk Manageme t Purchasing Dept. Director - r`! - -i.= i-c.-- / ( Y 1 Chief City Manager \ 1' Page I of 1