ID 25-1682
Actions Pertaining to the Fresno Convention and Entertainment Center Management Services Contract: 1. Approve a three-year contract with two optional one-year extensions for Management Services of the Fresno Convention and Entertainment Center with VenuWorks of Fresno LLC., for an annual Base Management Fee of $180,000, subject to annual CPI increases not-to-exceed 2.8%, plus a Variable Management Fee of 3% of Net Revenues estimated annually at $137,324, subject to a limited financial performance guarantee, for total annual estimated contract value of $317,324 (Bid File 12600327) (Council District 3) 2. Approve the Third Amendment to the 2020 Convention Center Management Agreement between the City and ASM Global Fresno, LLC., now known as Legends Global Merchandise LLC., extending the contract term to January 31, 2026. 3. Authorize the City Manager, or designee, to Sign the Contracts on Behalf of the City of Fresno (City)
What this record is
- Held by
- VenuWorks of Fresno LLC
- Amount
- $317K
- Runs until
- December 3, 2028 2 years away date calculated from a contract term stated in the record, not quoted directly
- Type
- contract
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Read automatically from the title of the official record. The source document below is authoritative.
- Committee
- City Council
- Requested by
- Office of Mayor & City Manager
- Introduced
- December 3, 2025
- On agenda
- December 18, 2025
- Passed
- December 18, 2025
Where it was heard
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