Fiscal Note
The proposed resolution authorizes the City to enter into an amendment to the current Breese Stevens Stadium use agreement with Big Top Events LLC. The amendment will increase the use fee by approximately five percent per year from 2026 through 2033, for a total increase in revenue of $39,700 over the life of the agreement. The original agreement was approved via RES-18-00400 (Legistar #51427) on May 15, 2018. No additional appropriation is required at this time.
Title
Authorizing the Mayor and the City Clerk to execute an amendment to the Breese Stevens Stadium Use and Operating Agreement with Big Top Events LLC to update the limitations on alcohol sales at Stadium Events. (District 6)
Body
WHEREAS, the City and Big Top (the “Parties”) entered into the Breese Stevens Stadium Use and Operation Agreement on January 1, 2019 (the “Agreement”), which Agreement sets forth the terms and conditions upon which Big Top is authorized to use and operate the Breese Stevens Stadium (the “Stadium”) from 2019-2028. The Agreement replaced an earlier use agreement that authorized Big Top’s use of the Stadium beginning in 2016; and,
WHEREAS, under the Agreement, Big Top has served fermented beverages and wine at the Stadium to the general public at events taking place at the Stadium since 2016, and has sold beer, wine, and liquor at private events at Breese Stevens Field since 2016; and,
WHEREAS, nationwide sales of beer has slowed in 2023 and 2024, including beer sales at the Stadium, which is a key revenue stream for Big Top. Providing a variety of beverages to the general public during events creates a higher level of customer service to the sports and entertainment fan attending the Stadium; and,
WHEREAS, since 2016, Big Top has complied with alcohol license rules and conditions, and has annually submitted its alcohol beverage policy to the Parks Division and Board of Park Commissioners, addressing how Big Top prevents underage drinking and over consumption at Big Top games and events; and,
WHEREAS, Big Top has requested modifications to the Agreement that would enable it to expand the variety of its alcohol offerings at the Stadium and better serve its customers and users of the City’s facility to meet current trends, which changes the City is agreeable to, as set forth herein.
NOW, THEREFORE, BE IT RESOLVED that the Mayor and City Clerk are authorized to execute a First Amendment to the Agreement with Big Top Events LLC to update the limitations on alcohol sales at Stadium Events through 2033 in a format that is approved by the City Attorney and that is consistent with the agreement attached hereto.