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)

Action Item Passed Introduced December 3, 2025

What this record is

Held by: VenuWorks of Fresno LLC
Amount: $317K
Runs until: December 3, 2028 2 years away calculated from the contract term stated in the record
Type: amendment

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