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City of Topeka
Council Action Form
Council Chambers
214 SE 8th Street
Topeka, Kansas 66603
www.topeka.org |
| | | March 14, 2023 |
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| | | | | | | | | DATE: | March 14, 2023 | | | | CONTACT PERSON: | Stephen Wade, City Manager | DOCUMENT #: | | | SECOND PARTY/SUBJECT: | Friends of the Topeka Zoo | PROJECT #: | | | CATEGORY/SUBCATEGORY | 006 Communication / 005 Other | | CIP PROJECT: | No | | | | ACTION OF COUNCIL: | | JOURNAL #: | | | | PAGE #: | |
| DOCUMENT DESCRIPTION: |
APPROVAL of an Amendment to the License and Management Agreement (LMA) Contract No. 49243 with the Friends of Topeka Zoo ('FOTZ") that will revise provisions of the agreement relating to sales tax revenue and payments by the City to FOTZ.
Voting Requirement: Action requires at least six (6) votes of the Governing Body.
(Approval will authorize the City Manager to execute an amendment to the LMA.)
| | VOTING REQUIREMENTS: | | Action requires six (6) votes of the Governing Body. | | POLICY ISSUE: | Whether to amend the LMA to address the management fee, capital contributions and other aspects of the LMA as impacted by the recent legislation that will generate sales tax revenue for the Zoo. | | STAFF RECOMMENDATION: | Staff recommends the Governing Body move to approve the amendment. | | BACKGROUND: | In light of the Gage Park sales tax that will begin collection on April 1, 2023, the LMA needs to be amended to account for the additional revenue that the sales tax will produce.
| | BUDGETARY IMPACT: | Most likely positive but uncertain at this time | | SOURCE OF FUNDING: | | Not Applicable |
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