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HomeMy WebLinkAbout02/05/1990 Special Meeting 402 SPECIAL COUNCIL MEETING FEBRUARY 5, 1990 12:00 NOON - CAPITOL THEATRE - ROBERTSON ROOM The City Council met in session on this date at 12:00 noon at the Capitol Theatre. Council members present were Mayor Pat Berndt, Clarence Barnett, George Pechtel, Skip Semon and Bernard Sims. Council members Henry Beauchamp and Lynn Buchanan absent and excused. Staff members present were City Manager Zais, Assistant City Manager Stouder, Glenn Rice, Director of Community and Economic Development, John Hanson, Director of Finance and Budget, and City Clerk Roberts. Capitol Theatre staff member present was Steve Caffery. Also present were Capitol Theatre Committee members and members of the Long Range Planning Committee, Bob DiPietro, Jim Smith, and Larry Wright. The Council members were told that the Capitol Theatre is suffering from a shortage of operating cash, most of which is due to escalating program costs. The costs for staff and maintenance has increased 160% over the last ten years and the support from the City has remained relatively the same. Mr. DiPietro advised the Council about the measures taken by the Committee to offset these increases by requesting more community contributions, reducing staff, cutting operating expenses wherever possible, raising the rental fee, and raising the price of the tickets. The Capitol Theatre has a support group to assist with fundraising activities and operating the Theatre, "Back Stage ". They raised $110,000 in 1989 for operating purposes and 1100 of the 1500 seats are presold for series events. In the past three years, one -time grants and special grants brought in about $90,000. Ad sales were added in the program, but with all of this, it is not enough. Mr. DiPietro said they can't raise the ticket prices fast enough or raise the rents high enough to impact the cash flow problem without the price turning people away. He stated they cut the costs, which meant cutting programming, particulary single events which are advanced from the ground up and don't usually make money, so that is what gets cut first. In 1987 the Capitol Theatre Corporation put on 15 events on the stage, and this year only six will be put on, five of which are series events. He said the Committee feels that the original meaning of the Theatre has now been compromised, which is why Council is being asked for help. Council member Barnett suggested a lower amount be requested in their fund drive, stating that $150 may be too high for some contributors. Mr. DiPietro responded to this suggestion, stating the Committee had considered that, but determined that people would have a tendency to mark the lowest amount on the contribution form, decreasing the total amount of contributions. Larry Wright reviewed the material presented to Council earlier. Addendum One compares financial information from the Hult Centre, Washington Center and Pantages Theater against the Capitol Theatre over the last ten years. He stated that the Capitol Theatre receives about 7% of operating revenues from government support.. Steve Caffery reviewed Addendum Four regarding expenses, and told about the cost reduction efforts made, reducing and eliminating staff, and no salary increases for past two years. Assistant City Manager Stouder asked about the total event days for the Theatre. Mr. Caffery stated it is about 100 days per year. Discussion ensued regarding the programming of single events and the possible impact caused by the SunDome. Mr. Caffery stated he does not believe the SunDome will impact the Capitol Theatre unless a country western group is performing at each facility on the same night. Mr. Smith stated the only revenue sources for the Capitol Theatre are to sell tickets, rent the building, rent concessions, print programs, and the City giving its support. The bottom line is that a lot of money is lost just being a presenting theater. He stated the one -time grants and gifts average about $29,000 a year, deducted from the average $44,000 operating loss, it leaves an $15,000 average annual deficit. It is projected to be $34,000 "in the hole" by June of this year. Mr. Smith stated that what they are asking for is to help get rid of the deficit and get i ii. ar;.a 403 • SPECIAL COUNCIL MEETING - FEBRUARY 5, 1990 $50,000 per year,_ which is about their, annual loss. He stated they would also like the City's annual contribution to be adjusted each year by the cost of living percentage. Mr. Hanson stated that the City gives The Capitol Theatre about $44,000 in roam tax because some of the insurance costs is covered by the City, so they are asking for $94,000 in room tax, plus, they are looking at the City • picking up that debt. Council member Semon asked if the Committe members feel it is appropriate to go to the County and ask for further support because the people who attend spend money in the community the evenings of the events. Mr. Smith responded that the Committee approached the City because the City awns the building. He further stated he doesn't know what their legal status would be in going to the County. There was a brief mentioning of the possibility of a County -wide admission tax which would benefit all the facilities. (Council member Pechtel absent after 1:45 P.M.) Council member Barnett stated he is concerned about the uncertainty of receiving future room tax funds. (Council member Barnett absent after 1:50 P.M.) There was furter discussion about the costs and risks involved in Capitol Theatre sponsored single events. Council member Semon commented that he thinks the Capitol Theatre is a very important part of this community, but the City is in the same situation; lack of sufficient funds to do what is needed. Mr. Rice stated staff prepared a report outlining options to consider, including a City admission tax. Council member Semon suggested the Committee look at using volunteers in the box office and as ushers. Mayor Berndt thanked the Committee members for the report and the lunch. She stated' the City wants to keep the Capitol Theatre viable in Yakima. She said Council can't make any guarantees about what will happen, but we want it to happen. The meeting adjourned at the hour of 2:10 • . • r READ AND CERTIFIED ACCURATE BY: : 1 4 • % 1% 1 q4,2 / et o O ► ^AIL MEMB DATE 1 ( / • '' I W f: ER ATE • ATTEST: `,//7 CITY CLERK MAYOR • • • •