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HomeMy WebLinkAbout03-101DATE SUBMITTED: 5/14/03 BILL # Og- l 0 AGENDA BILL CITY OF BREMERTON CITY COUNCIL SUBJECT: Columbia Hospitality, Inc. Committee Meeting Date: May 20,2003 Conference Center Management Contract COUNCIL MEETING Date: May 28, 2003 Department: Economic Development Presenter: Gary Sexton Phone: 360.473.5282 SUMMARY: The management agreement is a five year agreement for Columbia Hospitality to book events, provide food and beverage services and manage the Conference Center Facility. The agreement establishes conditions for early termination, annual review, and opportunity for extension. The agreement includes the management fee schedule. ATTACHMENTS: Management Agreement between The City of Bremerton and Columbia Hospitality, Inc. FISCAL IMPACTS (Include BudgetedkAmount):' Est],rnated ,Coapital and Operating expense of $ 00,000 in 2003 and $400,000 in 2004. ~ ...... ~,~ ,muva[*u uum Hotel/Motel Tax Revenues and contingency reserve and additional allocations from the Kitsap County Public Facilities District ($75,000). APPROVALS: DEPARTMENT DIRECTOR: CITY ATTORNEY: MAYOR: FISCAL/BUDGET: OPERATIONS: COUNCIL PRESIDENT: RECOMMENDED MOTION: I move to approve and authorize the Mayor finalize and execute the Management Agreement between City of Bremerton and Columbia Hospitality, Inc. with substantially the same terms and conditions as contained in the proposed agreement. AGENDA STATUS: Consent [] New Business [] Old Business [] ~A Ordinance [] COUNCIL ACTION: pprove [] Deny [] Postpone [] No Action Resolution [] Public Hearing [] Information []