OTHERPENDING

Jonesboro Downtown Development Authority AgendaPacket 2026-05-18

DDA, City Draft Five-Year Intergovernmental Support Agreement

$10,000City of JonesboroCITY OF JONESBORO GEORGIAMay 18, 2026

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Description

The Jonesboro Downtown Development Authority and the City of Jonesboro have drafted a five-year Intergovernmental Agreement under which the City may provide up to $10,000 annually in operational funding and extensive administrative support to the DDA. The agreement governs financial administration, project approval, and shared services for downtown revitalization.

Contract Details

Contract Amount

$10,000

Vendor

CITY OF JONESBORO GEORGIA

Agency

City of Jonesboro, GA

Contract Type

OTHER

Document Date

May 18, 2026

Contract Term

Initial term of five (5) years from Effective Date; renewable by mutual written agreement

Renewal Info

Initial five-year term from the Effective Date with option to renew upon mutual written agreement by both parties; funding each year is subject to annual appropriation by Mayor and Council.

Issuing Agency