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August 15, 2019, City Council Regular Meeting
Title
7. Motion to Authorize the City Manager to Execute a Short-Term Lease with the Coastal Empire Fair for the Fairground in the Amount of $27,500
Strategic Priority
Good Government
Description

The Savannah Exchange Club Fair Association Inc. d/b/a the Coastal Empire Fair (hereinafter referred to as the “Fair”) is requesting a Short-Term License to use the City-owned property at 4801 Meding Street (site of former Fairgrounds) for a 31 day period from October 21, 2019 through November 20, 2019 to hold the 2019 Fair. The Fair has agreed to pay a license fee of $27,500 and assume all liability and indemnifications for use of the property. The Fair will provide its own security, a certificate of required insurance, and also post a $5,000 refundable repair deposit in the event any damages or cleanup issues from result from use. Two City departments are currently located and operating at the property. The license to the Fair will exclude these areas.

The Fair is a non-profit organization that uses proceeds generated by the event to support charitable causes in the community.

 

Recommendation

Approval

Contact
David Keating, Director of Real Estate Services
Financial Impact
Revenue of $27,500 in Miscellaneous Rental Income to the General Fund
Review Comments
Attachments
Exhibit 1: Map - The Fairgrounds.pdf
Exhibit 2: 2019 License Agreement - Coastal Fair.pdf
Exhibit 3: Funding Verification - Coastal Fair.pdf
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