§ 25.11.006. Schedule of fees.

A.

The schedule of rental fees applicable to tenants of the arena shall be as set forth in the schedule of fees and charges below:

SCHEDULE OF FEES AND CHARGES

In addition to the policies, procedures, costs and other conditions regarding the rental of the Sullivan Arena, the following rental fees will apply:

Building rental shall be the greater of:

Ticketed spectator events
	Basic rent	$2,500.00/day or 10% of gross ticket receipts
Non-ticketed spectator events, Non-public events/Trade shows
	Basic rent	$4,000.00/day or $0.22 a square foot
	Outer concourses rate	$1,400.00 per day
Parking lot
	Flat daily rate	$2,000.00/day
Move-in/move-out charges
	As specified in the user agreement	$2,000.00/day
Overtime
	As specified in the user agreement	$450.00/hour
Minimum rent deposit
	Minimum deposit, on approval of agreement	$2,500.00
	Balance of deposit, 30 days prior to event	Negotiable
Total rent
	Total remaining rent, minus any deposits, will be collected before or at settlement of event(s).

 

B.

With the authority of the director, arena management can offer tenants reduced rental rates under the following specific conditions:

1.

Events during periods when the arena is historically unused. These periods are currently defined as the summer months of June, July, and August.

2.

Acts of God (possibly an earthquake or volcanic eruption) or other uncontrolled disasters, or the illness/death/loss of a featured artist or entertainer of a scheduled event (causing the event to be canceled).

3.

Spectator events that generate in excess of $10,000.00 in ancillary sales would qualify for a "sliding scale" on building rent and reimbursable labor. (Every dollar that the Sullivan Arena earned above $10,000.00 on ancillary sales would be used to first reduce building rent and then arena labor on a dollar for dollar basis.).

C.

The general manager may, from time to time and with prior written consent of the director, waive or reduce the fees and charges applicable to specific events at the arena, either:

1.

As required by economic conditions, or

2.

In order to offer events of public or historical interest by nonprofit organizations, or

3.

As provided by a co-promotion agreement executed by the tenant or user or its authorized representative, the general manager and the director. For purposes of this regulation, a "co-promotion agreement" is a user agreement wherein fees and services are waived or reduced in exchange for a specified portion of the tenant's or user's profits from ticket sales, merchandise sales, and/or concession sales.

D.

Every three years, the director shall review the current schedule of fees and make recommended rate increases as appropriate.

(AR No. 83-125; AR No. 87-285; AO No. 96-56, § 1, 3-26-96; AO No. 2000-137, § 1, 10-3-00; AO No. 2015-47, § 3, 5-14-15 ; AR No. 2016-294 , § 1, 11-15-16)

Authority— Anchorage Municipal Code 3.40, 4.60.190, 25.10.060.

Note— See the note at the beginning of the chapter.