An agreement with VenuWorks, operators of United Wireless Arena and Boot Hill Casino and Resort Conference Center, was reached during a joint meeting with the commissioners of Dodge City and Ford County.
The agreement reached addressed any previous concerns and will begin Jan. 1, 2020, and run through Dec. 31, 2024, with a possibility of extension of an additional 60 months by mutual agreement of both parties no later than June 30, 2024.
A base management fee of $5,307 per month will be paid to VenuWorks beginning Jan. 1, 2020, with an increase 1.5 percent each subsequent year starting Jan. 1, 2021.
"A review team came together to review the new agreement," said Melissa McCoy, assistant to the city manager. "City and county legal counsel had the opportunity to review this agreement and their recommendations have been appropriated."
The review committee consisted of city manager Cherise Tieben, Ford County Administrator J.D. Gilbert, city finance director Nanette Pogue, McCoy and VenuWorks leadership.
According to McCoy, Tieben has also asked VenuWorks to look at other facilities they operate to see what the Dodge City facilities can do that would lead to cost savings for operations.
"Their leadership is looking into that to see and put that (budgetary) together for us," McCoy said.
The monthly management fee would cover the services of VenuWorks and marketing, payroll and agreements through ticketmaster.com and administration costs.
The management agreement was approved unanimously by the Dodge City and Ford County Commission.
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