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AG 2005 01 10
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AG 2005 01 10
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Last modified
3/3/2006 8:34:23 AM
Creation date
11/27/2017 11:34:30 AM
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Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
1/10/2005
Board
Board of Commissioners
Meeting Type
Regular
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<br />Reference Check - Compass Facility Manaf!ement <br /> <br />Name of Facility - Three Rivers Convention Center and Coliseum <br /> <br />Location of Facility - Kennewick, Washington <br /> <br />Person Interviewed - Dean Strawn, President-Kennewick Public Facility District <br /> <br />Type of Facility - 7000 seat arena, 75,000 sq feet trade center, and ice rink <br /> <br />Previous Management - District and City owned and operated <br /> <br />Reason for selecting firm - only company interviewed because of size and focus <br /> <br />Length of contract - 3 year con~ract with option for 1 year renewal <br /> <br />Satisfaction level - very high <br /> <br />Consideration of contract extension- yes <br /> <br />Contract Structure/Management Fees - Base fee plus incentives ($75,000 - <br />Convention Center and $85,000 for Coliseum) <br /> <br />Goals met - yes (to date), meeting financials (after 6 months - $200,000 ahead of <br />schedule) <br /> <br />Budget info - presently $200, 000.00 ahead for current fiscal year, hope to break even or <br />profit in the near future. Plans are to continue to subsidize from General Fund <br />contributions. <br /> <br />Additional comments - <br /> <br />1. Highly recommend Compass and Mr. Peters. <br />2. Participated in selection of General Manager. <br /> <br />D <br />
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