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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 Mana2:ement <br /> <br />Name of Facility - River Center I Adler Theater <br /> <br />Location of Facility - Davenport, Iowa <br /> <br />Person Interviewed - Jeff Farland, Director of Leisure Services <br /> <br />Type of Facility - .120,000 sq feet of convention space connected to hotel and a 2400 <br />seat theater <br /> <br />Previous management - City ran as part of Leisure Services Department <br /> <br />Reason for selecting firm - Radison HoteVJohn Q. Hammonds recommendation <br /> <br />Length of contract - 3 years with two 1 yr extensions (8th year with Compass) <br /> <br />Satisfaction level - very high, network of entertainment is very good <br /> <br />Consideration of contract extension - yes <br /> <br />Contract Structure/Management Fees - Lump sum fee ($107,000.00) plus bonus up to <br />$50,000.00 <br /> <br />Goals met - yes, goals were budget projections and attendance levels <br /> <br />Budget info ~ Contributions from hoteVmotel tax, do not plan to breakeven <br /> <br />Additional comments- <br /> <br />I. Staff transition from city to Compass went smoothly. <br />2. They were the first management account for Compass. <br />3. Size of Compass allowed their facility to grow with Compass. <br /> <br />~ <br />
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