To: The Honorable Mayor and Board of Commissioners From: Michael Jaycocks Subject: Richard Barry Park Signage Agreement
To consider extending the Richard Barry Signage Agreement with the Carolina Rapids for two additional years ending December 31, 2017. The Carolina Rapids have paid for the two sections of new fencing along the soccer fields. All additional signage revenue sold will be split 50/50 with the town. For the first two years the town received just over $4,000. CRSC anticipates to increase this number with more focus on signage sponsors. The Parks and Recreation Commission approved this extension with an unanimous vote at its January 2016 meeting.
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