Title
Amend Jay Vending Concessions Contract - Approval
History
Jay Vending Company has been operating the concession stands at the Centennial Park Aquatic Center, Centennial Park ball fields, and John Humphrey Complex ball fields since 2011. Over this period, concessions revenues at the fields have consistently declined. Jay Vending has proposed withdrawing from operating the athletic field concession stands in 2017. To offset this, Jay Vending has agreed to increase the lump sum payment to the Village from $27,040 to $30,000 in 2017.
On April 3, 2017, the board approved RV Concessions, LLC to operate the concession stands at both Centennial Park and John Humphrey Complex for the 2017 season.
Staff is requesting approval to amend the agreement with Jay Vending Company to reflect the revised contractual terms.
Financial Impact
The Village will receive an additional $2,960, for a total of $30,000, for the 2017 pool season.
Recommended Action/Motion
I move to approve amending the Jay Vending Company concessions contract to operate the concession stand at Centennial Park Aquatic Center only, with a lump sum payment to the Village in the amount of $30,000 for the 2017 pool season.