Town of Johnstown Agenda Packet Special Meeting 2026-06-22
Town Reviews Operating Agreement With NOCO YMCA
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Description
The Town of Johnstown and NOCO YMCA’s existing management agreement for operation of the Johnstown YMCA facility, including an annual operating subsidy capped at $500,000, is under detailed review following a forensic audit. The June 22, 2026 special Town Council meeting is convened to discuss audit findings, disputed charges, and the financial reconciliation between the Town and NOCO YMCA under this agreement.
Contract Details
Contract Amount
Operating Subsidy shall not exceed $500,000.00 in any given year
Vendor
NOCO YMCA
Agency
Town of Johnstown town, CO
Contract Type
OTHER
Document Date
June 22, 2026
Renewal Info
The agreement includes a provision that the operating subsidy shall not exceed $500,000 per year, paid in monthly invoices of $41,666, with incentive bonus provisions that do not apply in loss years; audit and cure procedures are also referenced in Section 6.4. Renewal or amendment terms are not specified in the provided excerpts.
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