HomeMy WebLinkAboutRES NO 93-97RESOLUTION NO.I~ 3 - g 7
A RESOLUTION AUTHORIZING THE CITY MANAGER TO
SET SUITE PACKAGE RATES.
WHEREAS, City Council has authorized and approved the construction of an arena;
and
WHEREAS, said arena is scheduled to be completed by October 1998 and have
twenty-two suites with various amenities (hereinafter "suite packages"),including, but not
limited to, parking and event tickets; and
WHEREAS, Article III of the Bakersfield Charter authorizes the City Council to
regulate fees or designate authority to regulate fees for City facilities; and
WHEREAS, staff has researched the fair market value of various suite packages
and finds that $30,000 for each of the four center section concourse suites, $25,000 for
each of the eight concourse level suites, and $20,000 for each of the ten gold level suites
are reasonable rates; and
WHEREAS, Council desires its City Manager to have discretion and flexibility in
determining the amounts, terms, financial procedures, and effective dates of all suite
packages;
NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Bakersfield
that the City Manager has the authority to determine the amounts, terms, financial
procedures, and effective dates of all suite packages for the arena.
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-- Page 1 of 2 Pages --
I HEREBY CERTIFY that the foregoing Resolution was passed and adopted by the
Council of the City of Bakersfield at a regular meeting thereof held on Jtl~l I 1 1997
, by the following vote:
Ayes: Councilmember DeMond, Carson, Smith, M~t, Rowles, Sullivan, Salvaggio
Noes: Councilmember
Abstain: Councilmember ~(~
Absent: Councilmember
CITY CLERK AND EX OFFI(~O of the
Council of the City of Bakersfield
APPROVED gUN I 1 1997
By
Mayor
APPROVED AS TO FORM:
JUDY K. SKOUSEN
City Attorney
JKS:VG:cj
S:~COUNClL~RES~RATE.RES--May 30, 1997
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SUITE PACKAGES
BAKERSFIELD ARENA
Suite Package includes:
Exclusive use of private, furnished suite, including refrigerator and television (closed
circuit broadcasts).
12 tickets to nearly all events* held in the arena, including concerts, rodeo, ice shows,
monster trucks, professional ice hockey, and family shows, among others. It is
projected that the number of separately ticketed performances will include 32 hockey
games (plus playoffs), 10 concert performances, two multiple performance family
shows, a multiple performance circus, miscellaneous sports (such as basketball,
volleyball, wrestling, indoor soccer, and boxing), two figure skating shows, one NBA
or NHL exhibition, two dirt event performances (monster trucks, motor cross, etc.), a
festival, a rodeo, and five half house events, among others.
Free parking in a premium area for 4 vehicles per event.
Food and beverage catering services available.
Suites include wet bar.
Option to purchase up to 8 additional seats per event. Suite has 12 fixed seats, 6 "bar
seats", 3 position couch, 1 arm chair, and standing room availability.
Private restroom.
Use of suites available to lessors during normal business hours with advance notice.
Pricing, Lease Term - 3 Options
Prices
Four Center Section Concourse - Main Level. 14 rows from arena floor. $30,000 per
year
Eight Concourse Level - 14 rows from arena floor - $25,000.
Ten Gold Level - Private section with elevator service at upper deck level. Offering
excellent views with the benefit of private entry and no crowds - $20,000 per year.
Note: Estimated value of twelve tickets per event, and parking alone, is $20,000.
$UITEPK0.513
Suite Packages
Page 2
Lease Terms
Options exist for three or five years at pricing indicated, or for seven years, with a cost
of living adjustment being applied years six and seven.
Notes
For certain "theatre" events (arena theatre or half house), some suites may be
obstructed. In those instances, suite is still open before and after events, with premium
seating being substituted during performance.
The only exceptions are: 1) multiple show performances - tickets are included for one
performance and may be purchased for any additional performances, for $2,500 more,
those tickets can be incorporated into annual lease price, and 2) should another full
season team with a full league schedule sign up to play in the arena, such as a CBA
basketball team or CSUB basketball, those tickets are not incorporated into this pricing.
SUITEPKO.513
ORiGiNAL