05-0547R


RESOLUTION AMENDING AGREEMENT WITH LOU CAMPBELL PRODUCTIONS FOR THE USE OF BAYFRONT FESTIVAL PARK.

BY COUNCILOR REINERT:

     WHEREAS, the city council approved Resolution 05-0101, authorizing an agreement with Lou Campbell, d/b/a Lou Campbell Productions, allowing the use of Bayfront festival park to present three special events; and

     WHEREAS, the promoter experienced much higher costs then proceeds in producing Fourth Fest.

     NOW, THEREFORE, BE IT RESOLVED, that the payment of $20,000 to the promoter contained in Article IV is hereby changed to $25,000. Said additional funding to come from Fund 100-700-1410-5408, Tourism Fund.


STATEMENT OF PURPOSE:  This resolution increases the compensation to the promoter by $5,000 due to cost greatly exceeding revenues for Fourth Fest events.

 

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