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876-17
| A | | VenuWorks Management Agreement Extension (Res. 0327-17) | Communication | Subject: (Direct Referral) VenuWorks Management Agreement Extension (Res No. 0327-17)
Recommendation of the Civic Centre Commission on 9/6/17: That the Common Council adopt Addendum #3 to the Management Agreement with VENUWORKS extending the current agreement for the ongoing management and operations of Festival Hall, Festival Park and Memorial Hall for a period of 18-months, through June 30, 2019, including therewith the extra services for support of the proposed event center.
Fiscal Note: The Contract extension proposed would continue the same terms for compensation to VENUWORKS. The current terms of the Management Agreement with VENUWORKS requires the City to pay VENUWORKS a yearly “base management fee” of $70,000, adjusted upward each January 1st following 2013, by the annual change in the Consumer Price Index. In addition, VENUWORKS can (and has) achieve(d) additional yearly “variable fees” which are performance-based and equal to no greater than 50% of the subsidy savings they can achieve year-over-year. The City has budgeted for these fees in advance. To the extent VENUWO | Referred | |
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870-17
| A | | | Communication | Subject: (Direct Referral) Financial Report for June 2017 | Received and Filed | |
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871-17
| A | | | Communication | Subject: (Direct Referral) Attendance Report - June 2017 | Received and Filed | |
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872-17
| A | | | Communication | Subject: (Direct Referral) CIP Projects - Update on Current Projects & Upcoming Projects | Received and Filed | |
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873-17
| A | | | Communication | Subject: (Direct Referral) Event Report
a) July & August
b) Upcoming | Received and Filed | |
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875-17
| A | | | Communication | Subject: (Direct Referral) Update on Bandshell, Park, and Event Center Projects | Received and Filed | |
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714-17
| A | | | Communication | Subject: (Direct Referral) 2016 VenuWorks Year End Review | Deferred | |
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377-17
| A | | | Communication | Subject: (Direct Referral) Discussion on Commission expectations | Deferred | |
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