HomeMy WebLinkAbout87-00 RESOLUTIONRESOLUTION NO, 87-00
MICROFILMED
A RESOLUTION APPROVING THE PROPOSED RATE
SCHEDULE SUBMITTED BY THE A & P COMMISSION FOR
THE TOWN CENTER.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE,
ARKANSAS•
Section 1. That the City Council hereby approves the proposed rate schedule submitted
by the A & P Commission for the Town Center. A copy of the schedule is attached hereto marked
Exhibit "A" and made a part hereof.
PASSED AND APPROVED this 20th day of June , 2000.
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Heather Woodruff, City Cle
NAME OF FILE:
CROSS REFERENCE:
Date
Contents of File Initials
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TO: Members of the City Council
FROM: Marilyn Johnson
Director, Convention and Visitor Development
RE TOWN CENTER PROPOSED RATE SCHEDULE
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EXHIBIT A
In compliance with the Lease and Agreement between the City of Fayetteville and the
Advertising and Promotion Commission for the Town Center (Section 503), I am
presenting to you the rate schedule which was approved by the A & P Commission on
May 8, 2000.
The proposed rates were developed by examining rate structures from comparable
facilities, local facilities' rent charges, and proposed operating budget of the Town
Center.
In order to operate the Town Center in a prudent and financially responsible manner, we
feel that the rates are fair and should ensure financial stability for the Town Center in its
first year.
In accordance with provisions in the contract, I am asking that you approve the non-profit
rate.
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TOWN CENTER PROPOSED RATE S
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Yearly Convention Sales Rates:
Rates
High
Shoulder
Low
Room 1: 118 x 115
(13570 sq. ft)
Flat Rate per day
57,200.00
52,500.00
52,000.00
Govemment Rate
53,500.00
52,500.00
$2,000.00
Social Rate
$3,000.00
52,500.00
$2,000.00
Non Profit Rate
$2,300.00
$2,200.00
$2,000.00
Special Incentive Rate
52,200.00
52,100.00
52,000.00
Room 2: 66 x 120 (7920 sq ft)
Flat Rate per day
$4200.00
$1,450.00
$1,100.00
Govemment Rate
$2,000.00
51,450.00
51,100.00
Social Rate
51,750.00
51,450.00
$1,100.00
Non Profit Rate
51,250.00
51,250.00
$1,100.00
Special Incentive Rate
$1,250.00
$1200.00
$1,100.00
Room 3: 52 x 62
(3224 sq ft)
Flat Rate per day
$1,700.00
5600.00
$450.00
Government Rate
$800.00
$600.00
$450.00
Social Rate
$700.00
$600.00
$450.00
Non Profit Rate
5525.00
5525.00
5450.00
Special Incentive Rate
5525.00
5475.00
$450.00
Room 4: 33 x 48
(1584 sq. ft)
Flat Rate per day
$825.00
5300.00
$250.00
Govemment Rate
$400.00
$300.00
$250.00
Social Rate
5350.00
$300.00
5250.00
Non Profit Rate
$250.00
$250.00
$250.00
Special Incentive Rate
5250.00
$250.00
$225.00
Conference room 1:22 x 17 1/2 (385 sq ft)
Flat Rate per day
$200.00
$70.00
550.00
Govemment Rate
5100.00
$70.00
550.00
Social Rate
585.00
$70.00
$50.00
Non Profit Rate
560.00
$60.00
$50.00
Special Incentive Rate
560.00
$50.00
$50.00
Conference Room 2: 16 x 13 (208 sq. ft.)
Flat Rate per day
5115.00
530.00
$30.00
Government Rate
550.00
530.00
$30.00
Social Rate
545.00
530.00
530.00
Non Profit Rate
530.00
$30.00
530.00
Special Incentive Rate
$30.00
530.00
$30.00
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FAYETTEALE
THE CITY OF FAYETTEVILLE, ARKANSAS
DEPARTMENTAL CORRESPONDENCE
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To: John Maguire, Administrative Services Director
From: Heather Woodruff, City Clerk
Date: July 12, 2000
Attached is a copy of Resolution 87-00 approving the proposed rate scheduled submitted by the
A & P Commission for the Town Center. The original will be microfilmed and filed with the
City Clerk.
• 41
RESOLUTION NO. 87-00
A RESOLUTION APPROVING THE PROPOSED RATE
SCHEDULE SUBMITTED BY THE A & P COMMISSION FOR
THE TOWN CENTER.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE,
ARKANSAS'
Section 1. That the City Council hereby approves the proposed rate schedule submitted
by the A & P Commission for the Town Center. A copy of the schedule is attached hereto marked
Exhibit "A" and made a part hereof.
..
•
PASSED AND APPROVED this 20th day of June . 2000.
APPROVED;
By:
Heather Woodruff, City Cle
Fled Hanna, Mayor