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AG 2002 04 15 (Regular)
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AG 2002 04 15 (Regular)
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Last modified
3/2/2006 5:01:10 PM
Creation date
11/27/2017 11:42:59 AM
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Template:
Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
4/15/2002
Board
Board of Commissioners
Meeting Type
Regular
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Cabarrus Arena and Events Center- Concord, NC 3/27/02 <br /> <br />system, available with MasterCard, Visa, American Express, Discover and Dinners Cl, ub <br />providing sales, authorization, deposits and reconciliation reporting. <br /> <br />5.4 Fan TM (Facility Access NetwOrk by Ticketmaster) <br />Fan TM is an advanced bar-coding hardware and software solution for clients wishing to <br />manage and control venue entryi monitor real-time entry traffic, collect details on event <br />attendance and generate reports to assist in the decision-making processes. <br /> <br />6.0 System and Service Fees <br /> <br />6.1 Inside Charges <br />Ticketmaster shall assess and be entitled to receive from gross ticket proceeds collected <br />by it as an agent of Principal an inside charge on all tickets sold through the Ticketmaster <br />System by ticket centers, telephone and Internet sales, as well as facility ticket office <br />sales for events to be held at the Cabarrus Arena and Events Center. The inside charges <br />shall consist of the following: <br /> <br />Event set-up: <br /> <br />$0.00 per ticket, $0.00 per event <br /> <br />Tickets sold by ticket centers: <br /> <br />$0.25 per ticket <br /> <br />Tickets sold by telephone and interact: <br /> <br />*3.5% of the ticket face value <br /> <br />Tickets printed or sold by box office: <br /> <br />$0.20 per ticket <br /> <br />Complimentary tickets: <br /> <br />$0.20 per ticket <br /> <br />* Subject to interbank rate increase <br /> <br />6.2 Customer Convenience Charges and Royalties <br />A per ticket customer convenience charge payable to Ticketmaster will be assessed <br />'against purchasers of tickets at all ticket centers and through telephone and internet sales. <br />Principal consents to the imposition of the customer convenience charge of all ticket sales <br />to purchasers at ticket centers and on telephone and internet sales. <br /> <br />The customer convenience charges outlined below are for "year one" of the contract and <br />are subject to a $0.25 increase each subsequent year. <br /> <br />Ticket Face Price <br /> <br />Ticket Center CC <br /> <br />Phone/Internet CC <br /> <br />$0.00 - $9.99 $2.75 $2.75 <br /> <br />$10.00 - $19.99 $3.75 $3.75 <br /> <br />$20.00 - $29.99 $4.75 $4.75 <br /> <br />$30.00 - $49.99 $5.75 $5.75 <br /> <br />$50.00 - $69.99 $6.75 $6.75 <br /> <br />$70.00 and up <br /> <br />~,11 Material contained herein is subject to the <br />Terms and Conditions set forth on the cover page <br /> <br /> As Mutually Agreed Upon <br />t <br /> 5 ticketmaster <br /> <br /> <br />
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