FACILITIESAPPROVED

Prescott Valley Communities Facilities District Board Agenda Packet 2026-05-28

Parking Access Agreement with Fain Governs Venue Event Parking

Annual $70,000 or $2.10 per ticket, 3% increase yearly; $500 per non-ticketed event day; $5,000/year for box seats; ECCFD to pay insurance, maintenance, and repair for licensed parking areasTown of Prescott ValleyFAINMay 28, 2026

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Description

The ECCFD Board previously approved and continues to operate under a Modified Parking Access Agreement with Fain, granting parking rights for event operations and codifying annual fees, usage, and maintenance obligations.

Contract Details

Contract Amount

Annual $70,000 or $2.10 per ticket, 3% increase yearly; $500 per non-ticketed event day; $5,000/year for box seats; ECCFD to pay insurance, maintenance, and repair for licensed parking areas

Vendor

FAIN

Agency

Town of Prescott Valley, AZ

Contract Type

FACILITIES

Document Date

May 28, 2026

Contract Term

20 years from October 27, 2017

Renewal Date

2037-10-27

Renewal Info

Agreement lasts 20 years from October 27, 2017, to be renegotiated at the end of term. Provisions for area substitution and title reconveyance. Includes annual escalating fees.