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HomeMy WebLinkAbout02/13/2017 8BAGENDA BILL CITY OF BREMERTON 8B CITY COUNCIL SUBJECT: Approve Letter of Agreement Study Session Date: February 8, 2017 with Bremerton Historic Ships Association in COUNCIL MEETING Date: February13, 2017 the amount of $25,100.00 for the USS Department: Executive Turner Joy Historic Preservation Project Presenter: Mayor Lent Phone: (360) 473-5266 SUMMARY: Bremerton Historic Ships Association has fundraised over the last several years to send the Turner Joy into dry dock for needed maintenance. The City is pledging $25,100 towards the $800,000 preservation project. BHSA has raised $350,000.00 towards the project. The Port of Bremerton has funded $100,000 and the State Legislature has funded $300,000 for the project. The City funded $24,900 in 2016 and Administration is asking for $25,100 for 2017 for a total of $50,000 towards the project. ATTACHMENTS: Agreement , FISCAL IMPACTS (Include Budgeted Amount): A budget adjustment in the General Fund of $25,100. STUDY SESSION AGENDA: , ❑ No Presentation o Full Presentation STUDY SESSION ACTION: ❑ Consent Agenda o General Business ❑ Public Hearing RECOMMENDED MOTION: Move to approve the Letter of Agreement with Bremerton Historic Ships Association in the amount of $25,100.00, and authorize the Mayor to finalize and execute the agreement with substantially the same terms and conditions as presented. COUNCIL ACTION: R✓ Approve Form Updated 01/07/15 ❑ Deny ❑ Table ❑ Continue ❑ No Action