Title
Resolution Authorizing the Execution of a License Agreement between the City of Hampton and the Hampton BMX Athletic LLC to use approximately 2.6 Acres of Gosnold's Hope Park
Purpose
PURPOSE/BACKGROUND:
Hampton BMX Athletic LLC, a successor of Hampton BMX LLC, is a group organized to promote, operate, and support the recreational activities of Bicycle Motocross (BMX) racing. In 1978, pursuant to a license agreement with the City of Hampton, the Hampton BMX track was constructed in Gosnold’s Hope Park. The City of Hampton has supported the use of the approximately 2.6 acres for Hampton BMX continuously for over 35 years. Earlier this year, the prior license agreement was found to have expired; however, due to the pandemic a temporary agreement was put in place for three months to allow time to come before Council. The temporary license agreement will expire on September 3, 2020. Hampton BMX Athletic LLC desires to continue the use of Gosnold’s Hope Park for bicycle motocross racing.
Discussion:
The City of Hampton has a longstanding arrangement for use of the Hampton BMX track in Gosnold’s Hope Park through the issuance of license agreements. While this revocable license agreement does not involve a financial exchange, Hampton BMX Athletic LLC, as the licensee, is solely responsible for all applicable taxes and fees including but not limited to real property taxes, stormwater fees, and personal property taxes.
In addition, Hampton BMX Athletic LLC is required to maintain liability insurance covering all structures, improvements, and activities, and is responsible for the overall maintenance of the licensed premises.
The attached License Agreement is for a term of three years (from September 3, 2020 to September 3, 2023) with the option to renew for one additional, two year term.
The license agreement is revocable at any time, for any reason or no reason, upon giving sixty (60) days written notice to Hampton BMX Athletic LLC.
Impact:
Hampton B...
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