Metro Parks Tacoma Regular Meeting Agenda February 13 2023
Metro Parks To Negotiate 2023 Agreement With Tacoma Parks Foundation
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Description
Metro Parks Tacoma approved negotiation of a 2023 operating agreement with Tacoma Parks Foundation, including a $444,874 payment for development services and a commitment to return 1.5 times that value and additional funding for the Eastside Community Center. The agreement continues a long-standing fundraising partnership.
Contract Details
Contract Amount
Metro Parks will pay $444,874; additional distributions of approximately $236,000 (NMTC lease & operations) and $189,000–$211,000 (programming endowment)
Vendor
TACOMA PARKS FOUNDATION
Agency
Tacoma Metropolitan Park District, WA
Contract Type
FINANCIAL_SERVICES
Document Date
February 13, 2023
Contract Term
Operating agreement for 2023 (one year)
Renewal Date
2023-12-31
Renewal Info
One-year operating agreement for 2023; potential future renewals are implied but not specified.
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