Agenda Item Request:
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Authorize the County Manager to submit to PowerPlay LLC (Maine Mariners) the ticket subsidy for 2024/2025 in the amount of $144,183.00.
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Background and Purpose of Request:
For the past few years the County has been in an arrangement with the Maine Mariners to share the rebuilding of hockey in Portland. The County’s role in the process is to provide per ticket subsidy. The subsidy is $3.00 per ticket. The County this year instituted a $2.00 surcharge on each ticket, which covered 2/3rds of the County’s financial commitment. The surcharge was collected directly by the Maine Mariners. The attach invoice of $144,183.00 is for the remaining $1.00, as the Mainers sold 144,183 tickets this past season a far cry from the 80,000 tickets they were selling at the beginning of this arrangement. Needless to say, hockey is going strong in Portland.
The 2024/2025 hockey season was the last year of the ticket subsidy.
Funding Amount and Source: Cross Insurance Arena General Fund Budget
Attachments: PowerPlay LLC Invoice