Emerald Isle Recommends New Towne Park Parking Contract | Town of Emerald Isle | TOWNE PARK

Scope & details

The full contract record, as filed.

Contract amount

$1.50 per parking transaction, estimated at approximately $71,000 annually; $2,493 per month fixed fee, approximately $30,000 annually; projected net Town parking revenue of approximately $549,000 annually

Contract type

FACILITIES

Contract term

5 years; effective no later than April 1, 2027; draft agreement provides automatic one-year renewals thereafter

Renewal date

2032-04-01

Renewal

Draft services agreement provides automatic one-year renewals after the initial five-year term and on each anniversary. Either party may terminate for any or no reason with at least 90 days’ written notice; the provider has a right of first refusal if the Town considers a competing parking company.

Document type

AgendaPacket

Source document

Town of Emerald Isle AgendaPacket October 13, 2026

Related contracts

Other contracts from Towne Park.

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Town of Emerald Isle AgendaPacket October 13, 2026

ONGOING

Town of Emerald Isle, North Carolina$1.50 per parking transaction; $2,493 per month fixed fee; approximately $101,000 additional annual net parking revenue projectedOct 11, 2026

Cape Elizabeth Town Council Minutes March 16, 2026

PENDING

Town of Cape Elizabeth, MaineNo cost to town; Towne Park keeps parking ticket revenueMar 16, 2026

city_council_meeting_minutes_june_8_2020.pdf

ONGOING

City of Groveport, Ohio$90,000Jun 8, 2020

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Town of Emerald Isle?

Towne Park was awarded this facilities contract by Town of Emerald Isle, as recorded on October 11, 2026. The contract value is $1.50 per parking transaction, estimated at approximately $71,000 annually; $2,493 per month fixed fee, approximately $30,000 annually; projected net Town parking revenue of approximately $549,000 annually.

How much is the Towne Park contract with Town of Emerald Isle worth?

The Towne Park contract with Town of Emerald Isle is valued at $1.50 per parking transaction, estimated at approximately $71,000 annually; $2,493 per month fixed fee, approximately $30,000 annually; projected net Town parking revenue of approximately $549,000 annually, covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Town of Emerald Isle AgendaPacket October 13, 2026 (AgendaPacket), dated October 11, 2026 from Town of Emerald Isle. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Towne Park hold?

Towne Park may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Town of Emerald Isle currently buying?

Explore Town of Emerald Isle's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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