Title
Subject: Oakland Children's Fairyland Inc. Management and Operation Agreement
From: Office of the City Administrator
Recommendation: Adopt a Resolution authorizing an agreement between the City of Oakland and Oakland Children's Fairyland, Inc., for the operation and management of Children's Fairyland, for a fifteen-year term expiring on December 31, 2019, under which the City will pay an annual amount not to exceed $83,000 and utility and insurance premium costs (projected to be an annual average of $68,000 in utilities and an annual average of $125,000 for insurance premium costs) for an estimated annual total of $276,000 (TITLE CHANGE)