Fiscal Note
The proposed resolution authorizes an agreement with Frank Productions for the 2018 Freakfest event. The cost sharing arrangement for the agreement has been modified from previous years. Under the revised proposal the City will receive $20,000 from initial revenues, Frank Productions will receive the next $50,000, and any remaining balance will go to the City. Revenue from the event is budgeted in the City’s General Fund; the 2018 Adopted Operating Budget assumes $100,000 from the event.
Title
Authorizing a contract with Frank Productions Concerts, LLC for Freakfest 2018 and authorizing a system of gating and ticketing for entry into the event area
Body
WHEREAS, for several years the City and Frank Productions have collaborated to organize an event on State Street for Halloween; and
WHEREAS, for 2018 as in past years, Frank Productions has been issued a Street Use Permit from the City to hold music and entertainment activities in downtown Madison as part of the continuing effort to ensure the State Street Halloween experience is a safe and positive attraction; this event is known as "Freakfest” and scheduled to take place from 7:00 p.m. on Saturday, October 27, 2018 to 1:30 a.m. on Sunday, October 28, 2018; and
WHEREAS, the number of personnel needed to staff this event requires the use of large staging areas in proximity to the event; and
WHEREAS, the City has an interest in gating and ticketing the area surrounding the event to enhance crowd safety and to offset City costs associated with the Halloween event, and Frank Productions has an interest in charging a ticket fee for the entertainment; and
WHEREAS, one of the conditions of the Street Use Permit issued to Frank Productions is that the City and Frank Productions must enter into a written contract to address details of ticket sales, appropriate allocation of ticket revenue and any other fundraising revenue, and to reflect costs of city services associated with the Street Use Permit and...
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