AMENDED 8.16.19
DEPARTMENT: Convention & Sports Facilities
DEPARTMENT HEAD: Patricia Muzquiz Cantor
COUNCIL DISTRICTS IMPACTED: Council District 2
SUBJECT:
Second Amendment to the Revised and Restated Alamodome License Agreement for the UTSA Intercollegiate Football Games
SUMMARY:
This Ordinance authorizes a second amendment to the Revised and Restated Alamodome License Agreement for the UTSA Intercollegiate Football Games to implement an annual buyout fee that covers Alamodome ticket and parking fees, and addresses the Ticket Service Charge Fee, which will expire in December 2019 in accordance with the First Amendment. The buyout fee proposed will provide a guaranteed $2.6 million in revenue over the term of the agreement and ensures UTSA's contribution to the Alamodome Debt Service payment. In addition to the buyout fee, UTSA will continue to pay for all game day expenses such as event support staff and security costs. Before the start of the 2025 football season, the City will evaluate whether this agreement is mutually beneficial and will make recommendations to Council regarding the remaining term of the contract ending in 2035. The revenues collected from buyout fees will be deposited in the Community & Visitor Facilities Fund.
BACKGROUND INFORMATION:
Ordinance 2012-09-06-0676, approved September 6, 2012, authorized a License Agreement with UTSA beginning September 12, 2012 to December 2035. Ordinance 2015-08-13-0695, approved on August 13, 2015, authorized an Amendment to the License Agreement with UTSA to provide for collection of the ticket service charge fee through December 2019, for the purpose of funding significant upgrades and renovations to the Alamodome.
Over the last six years the attendance at UTSA football games declined by 16%. The implementation of an increase to the Alamodome ticket fees in 2015 resulted in higher ticket prices, wh...
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