Title
Authorization to approve an agreement with Kona Ice for mobile frozen treat vending concessions at Lexington Parks & Recreation aquatic facilities and splash pads during the 2026 season, for one (1) year with two (2) optional renewals. The vendor will pay 30% of gross sales (minus sales tax) to LFUCG, with a minimum guarantee of $5,000 or 30% of total sales, whichever is greater. (L0264-26)(Conrad/Ford)
Summary
Authorization to approve an agreement with Kona Ice for mobile frozen treat vending concessions at Lexington Parks & Recreation aquatic facilities and splash pads during the 2026 season, for one (1) year with two (2) optional renewals. The vendor will pay 30% of gross sales (minus sales tax) to LFUCG, with a minimum guarantee of $5,000 or 30% of total sales, whichever is greater. (L0264-26)(Conrad/Ford)
Budgetary Implications [select]: Yes
Advance Document Review:
Law: No
Risk Management: No
Fully Budgeted [select]: Yes
Account Number: Revenue - 1101-707606-7601-46720-775
This Fiscal Year Impact: Revenue for this FY is: $5,000 annually (or 30% of sales, whichever is greater)
Annual Impact: Revenue for future FY is: $5,000 annually (or 30% of sales, whichever is greater) through FY29
Project:
Activity:
Budget Reference:
Current Balance:
Body
{COUNCIL CLERK’S OFFICE WILL COMPLETE - Body of resolution or ordinance}