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YEAR-END ENTERTAINMENT VENUES UPDATE
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RECOMMENDATION
This item is information only; no action to be taken.
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Summary
The City’s professional entertainment venues, including the Stockton Arena, Bob Hope Theater, and Banner Island Ballpark, are managed and operated by ASM Global, dba Legends Global, through an exclusive management agreement. Additionally, the Oak Park Ice Rink is managed by Legends Global under the same management agreement due to the expertise needed for the operation of the ice system. Together, the four venues are managed under Legends, supported by general fund allocation annually, authorized through the City Venues Fund operating budget.
The presentation will cover the previous year’s financial results, current business trends, and future business plans.