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CC Resolution 12719RESOLUTION NO. 12719 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CAMPBELL AUTHORIZING THE CITY MANAGER TO EXECUTE ATTACHMENT B AND AMEND THE EXISTING AGREEMENT FOR MANAGEMENT AND CONSULTING SERVICES OF THE HERITAGE THEATRE WITH VENUETECH MANAGEMENT GROUP, LLC WHEREAS, VenueTech Management Group has been a long-time partner with the City and has continually provided excellent service; and WHEREAS, the existing agreement term for Management and Consulting Services of the Heritage Theatre is expiring; and WHEREAS, the City has faced unprecedented revenue losses and continued expenditures from the Heritage Theatre closure due to Covid-19, and WHEREAS, safeguarding City funds in the event of continued or future closures from public health emergencies is critical for a renewal agreement; and WHEREAS, both parties were agreeable to negotiate an amendment which protects City funds in the future; and WHEREAS, the Attachment B includes an Emergency Fee Reduction which would reduce expenditures for the City if the Heritage Theatre is closed due to public health emergencies; and WHEREAS, the Attachment B resets the initial term of the agreement to a three (3) year term with a new expiration date of June 30, 2024; and NOW, THEREFORE, BE IT RESOLVED that the City Council authorizes the City Manager to execute Attachment A and amend the existing agreement for Management and Consulting Services of the Heritage Theatre with VenueTech Management Group, LLC. PASSED AND ADOPTED this 1st day of June, 2021 by the following roll call vote: AYES.- Councilmembers: Bybee, Landry, Lopez, Resnikoff, Gibbons NOES: Councilmembers: None ABSENT: Councilmembers: None APPROVED: Y Z, _Elizabeth "Liz ibbons, Mayor ATTEST. - Dusty Christopherson, City Clerk