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The City’s intent when the contract amount went from $12,500 to $77,500 annually was to maintain <br />that level for three years and then drop it down to $67,500 for the next three years as CPY built their <br />fundraising capacity through a third party. CPY is requesting that the City maintains the $77,500 <br />annual contribution for 2022-2024 and then decrease funding levels to $67,500 to “meet increasing <br />costs and rising needs in the community” especially considering the financial impacts COVID-19 has <br />had on the organization. <br /> <br />Questions for Council Consideration: <br /> <br /> Does Council want to maintain the $77,500 level for the next version of the contract, or drop the number? <br /> Does Council want to consider a different length of contract? <br /> Is the governance structure of CPY and relationship working well? <br /> How does City of New Brighton contribution and contract compare to other donors to CPY and is that a <br />consideration for the contract? <br /> <br /> <br />Attachments: <br /> Most current CPY Contract <br /> CPY PPT from 10/12/21 Work Session <br /> <br /> <br />______________ <br /> <br />Devin Massopust <br />City Manager <br />Type text here