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FACILITIESEXTENDED

Sports & Exhibition Authority Board Meeting Minutes April 2026

SEA Extends Alco Parking Agreement for Lot Green 21

Management fee of 3.5% of net operating incomeSports And Exhibition Authority Of Pittsburgh And Allegheny CoALCO PARKING CORPORATIONApril 9, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Sports & Exhibition Authority extended its operating agreement with Alco Parking Corporation for Lot Green 21 on the North Shore through December 31, 2030, maintaining a management fee of 3.5% of net operating income. The action also ratifies ALCO’s operation of the lot since January 1, 2026.

Contract Details

Contract Amount

Management fee of 3.5% of net operating income

Vendor

ALCO PARKING CORPORATION

Agency

Sports And Exhibition Authority Of Pittsburgh And Allegheny Co, PA

Contract Type

FACILITIES

Document Date

April 9, 2026

Contract Term

Through December 31, 2030

Renewal Date

2030-12-31

Renewal Info

Fifth Amendment extends the existing operating agreement through December 31, 2030 with unchanged terms, including a 3.5% of net operating income management fee; management fee must be agreed every five years per consent decree.

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