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Operator reports growth, upgrades at LA Kings Burbank Sports Center; rent and loan terms summarized
Summary
City staff and the facility operator reported Feb. 13 that the LA Kings Burbank Sports Center (LAKBSC) met agreement obligations in FY 2023-24, expanded programming, completed rink repairs and cosmetic upgrades, paid fixed rent and began repayments on a $26,200 promissory note tied to improvements.
City staff and the operator of the LA Kings Burbank Sports Center reported to the Parks and Recreation Board on Feb. 13 that the facility met contractual obligations for fiscal year 2023-24, expanded programming and completed several facility upgrades.
John McGinley, acting recreation manager for sports and aquatics, said the city's lease and operating agreement with PIM (operator) was renewed in 2023 and now includes the first of three five-year extensions. "PIM has successfully met all…
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