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Agenda Item

11 16-0418 Subject: George P. Scotlan Convention Center Management Agreement From: Economic And Workforce Development Department Recommendation: Adopt A Resolution: (1) Authorizing The City Administrator, Without Returning To The City Council, To Negotiate And Execute A Ten-Year Agreement, With A Five-Year Extension Option, With Integrated Services Corporation, Inc. For Management And Operation Of The George P. Scotlan Memorial Convention Center For An Annual Base Fee Not To Exceed $150,000, Plus An Incentive Fee Not To Exceed (A) Ten Percent Of Net Revenue Less Than $500,000 And (B) Twenty Percent Of Net Revenue Above $500,000, Such Agreement To Be In A Form And Content Substantially In Conformance With The Term Sheet Attached As Attachment A; And (2) Adopting CEQA Exemption Findings Pursuant To CEQA Guidelines Section 15301.