Summary
The city has reached an agreement with the Buffalo Olmsted Parks Conservancy, ensuring that the nonprofit group will continue to maintain six of the city's largest parks and connecting parkways.
The five-year deal includes an option that would allow parties to extend the pact for an additional five years. The city would pay the conservancy $1 million annually, while allowing it to keep any money it makes through new programs. The city also would provide a $1 match for every $2 the conservancy raises from private sources, up to $200,000.See the full content of this document
Extract
Accord Reached On Olmsted Parks ; Conservancy, City Praise Deal On Maintaining Historic System
"We're going to have the incentive to become entrepreneurial," said David J. Colligan, conservancy chairman. "We're going to be abl...
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