Maryland Stadium Authority Supports Convention Center Partnership
- Disclosed value
- One-half of yearly expenditures and one-half of any operating deficit; $50,000 annually for a dedicated improvement fund
- From agendapacket
- Document date
- Sep 15, 2026
The 30-second brief
The Maryland Stadium Authority continues its long-term financing and facilities partnership with Ocean City for the Convention Center. The Authority manages the financing fund, oversees major project professionals, shares operating expenditures and deficits, and contributes $50,000 annually for improvements.
Maryland Stadium Authority holds this financial services contract with City of Ocean. Its other public contracts on record include work for Kent County Public Schools and St. Mary's County.
Term as filed: Long-term collaboration; specific end date not stated.
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Contract details
- Contract type
- Financial Services
- Amount
- One-half of yearly expenditures and one-half of any operating deficit; $50,000 annually for a dedicated improvement fund
- Document date
- September 15, 2026
- Term
- Long-term collaboration; specific end date not stated
- Agency
- City of Ocean
- Source document
- Town of Ocean City AgendaPacket Work Session 2026-09-15 (AgendaPacket)
Maryland Stadium Authority's other public contracts
More City of Ocean contracts
Questions about this contract
Who was awarded the financial services contract by City of Ocean?
Maryland Stadium Authority was awarded this financial services contract by City of Ocean, as recorded on September 15, 2026. The contract value is One-half of yearly expenditures and one-half of any operating deficit; $50,000 annually for a dedicated improvement fund.
How much is the Maryland Stadium Authority contract with City of Ocean worth?
The Maryland Stadium Authority contract with City of Ocean is valued at One-half of yearly expenditures and one-half of any operating deficit; $50,000 annually for a dedicated improvement fund, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Town of Ocean City AgendaPacket Work Session 2026-09-15 (AgendaPacket), dated September 15, 2026 from City of Ocean. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Maryland Stadium Authority hold?
Maryland Stadium Authority may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Ocean currently buying?
Explore City of Ocean's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.