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File #: 2018-0878    Version: 1
Type: Resolution Status: Passed Finally
File created: 9/14/2018 In control: Committee on Public Safety Services
On agenda: 9/18/2018 Final action: 10/2/2018
Enactment date: 10/5/2018 Enactment #: 664
Effective date: 10/8/2018    
Title: Resolution amending Resolution No. 402 of 2017, effective July 13, 2017, authorizing the Department of Public Safety, Office of Special Events, to enter on behalf of the City of Pittsburgh into an agreement or agreements with Pittsburgh Three Rivers Marathon, Inc. ("P3R") for providing professional services with regard to the management of the Richard S. Caliguiri City of Pittsburgh Great Race ("Great Race"). Said agreement or agreements shall be for a term of three years (2017-2019) at a total cost to the City not to exceed Two Hundred Four Thousand Four Hundred and Sixteen Dollars and Ninety Cents ($204,416.90) Sixty Thousand Dollars and No Cents ($60,000.00) for 2017, and for each of the years 2018-19, the greater of Sixty Thousand Dollars and No Cents ($60,000.00) or 40% of net revenues generated by the Great Race.
Indexes: AGREEMENTS (AMENDING)
Attachments: 1. Summary 2018-0878.docx

Title

Resolution amending Resolution No. 402 of 2017, effective July 13, 2017, authorizing the Department of Public Safety, Office of Special Events, to enter on behalf of the City of Pittsburgh into an agreement or agreements with Pittsburgh Three Rivers Marathon, Inc. (“P3R”) for providing professional services with regard to the management of the Richard S. Caliguiri City of Pittsburgh Great Race (“Great Race”).  Said agreement or agreements shall be for a term of three years (2017-2019) at a total cost to the City not to exceed Two Hundred Four Thousand Four Hundred and Sixteen Dollars and Ninety Cents ($204,416.90) Sixty Thousand Dollars and No Cents ($60,000.00) for 2017, and for each of the years 2018-19, the greater of Sixty Thousand Dollars and No Cents ($60,000.00) or 40% of net revenues generated by the Great Race.

 

Body

Be it resolved by the Council of the City of Pittsburgh as follows:

 

Section 1.                     The Mayor and the Department of Public Safety, Office of Special Events, to enter on behalf of the City of Pittsburgh into an agreement or agreements with Pittsburgh Three Rivers Marathon, Inc. (“P3R”), in a form approved by the City Solicitor, for providing professional services with regard to the management of the Richard S. Caliguiri City of Pittsburgh Great Race.  Said agreement or agreements shall be for a term of three years (2017-2019) at a total cost to the City not to exceed the following amounts:

 

2017

 

Two Hundred Four Thousand Four Hundred and Sixteen Dollars and Ninety Cents ($204,416.90) Sixty Thousand Dollars and No Cents ($60,000.00)                      chargeable and payable from JDE Account Code 29060.53.53901.5000731400.2017 (Item No. 5221)

 

2018

 

The greater of Sixty Thousand Dollars and No Cents ($60,000.00) or 40% of net revenues generated by the 2018 Great Race. After taking its share of revenues, P3R shall deposit such remaining funds into JDE Account Code 29060.43.43166.5000731400.2018.

 

2019

 

The greater of Sixty Thousand Dollars and No Cents ($60,000.00) or 40% of net revenues generated by the 2019 Great Race. After taking its share of revenues, P3R shall deposit such remaining funds into JDE Account Code 29060.43.43166.5000731400.2019.