Blais said initial plans may call for leaving the concrete floor of the Cavalcade of Cars in place, while erecting lighting and appropriate "Welcome" signage and a marquee.
But Peter Bauer of The Fund for Lake George said last week the pad and its footing would be entirely removed. The final agreement, however, which covers such details, had yet to be signed as of Tuesday.
A rest room building, constructed with grant funding, should be able to service both the park and festival space, Blais said. A new entrance off Beach Road will also be constructed to encourage pedestrians to visit the site.
Blais said he envisions the village will retrofit its existing portable stage to accommodate musical groups on the festival space as well.
Users will be charged based on what similar open spaces charge as well as for utilizing additional services such as electricity, staging, security, garbage collection, etc. The village also anticipates using the space to park vehicles during their fireworks shows, holiday weekends and other special events.
"I believe the location near our beautiful lake, along with the name recognition of Lake George and our variety of accommodations, will encourage new events to use the space," the mayor said.
Blais said he is also seeking to choose an appropriate name for the festival space, and he encourages citizens to submit suggestions to village officials.