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HomeMy WebLinkAboutLETTER OF INTENT ABBEY ROAD 812-285-6400 office k 812-285-6403 fax �}� �vww.cityofjeff.net �8 �F1'�S1 >dtt6���€�� 1 TheSunny Side of Louisville sowum,er„n.u.ewnoyacwnun cc..�.nuw+�oun.m eme�, RSO Jeffersonville City Hall 500 Quartermaster Court Jeffersonville,Indiana 47130 Date: February 3,2017 TO: Gary Jacob,Abbey Road on the River FROM: City of Jeffersonville Office of Redevelopment Office of Parks and Recreation Clark-Floyd Counties Convention and Tourism Bureau SUBJECT: Letter of Intent with Abbey Road on the River to provide City owned Property, Facilities and Services for a Five Day Music Festival. The Vision for the Abbey Road on the River Music Festival is a multi-day,multi-stage event with music,food,art, guest speakers and merchandise sales,representative of The Beatles sound and history.Stages are proposed to be erected on the Big 4 Station Park Lawn,at the RiverStage and along the river's edge below Riverside Drive.Some stages will be inside tents in order to mitigate sound levels. The fact that some of the stages will be planned for Big 4 Station Park,which is in the middle of a residential area,the impact of the noise level on local residents must be addressed.Stages in the Park should be closed by 11:00 p.m.and all stages at Riverside Drive and RiverStage should be closed by 12:00 a.m.Additional thought should be given to adding wall flaps to the tents to help contain music inside the stage area, TERM: Three (3)years beginning in 2017,with the option to renew after the third(3rd)year. ABBEY ROAD DELIVERABLES: Presentation of the Event. -Procurement of all performers, inclusive of any financial guarantees to artists and all travel and lodging expenses. -All Production expenses including,staging.production equipment including temporary construction,lighting, sound,temporary structures,kiosks,digital display monitors,production fees,stagehands, production technicians,and other such items required to produce event. -Local, regional and national marketing,advertising and promotion of the Event. -Contractual agreements with any merchandise vendors related to the event. -Event staffing. -Communications(radios). CITY OF JEFFERSONVILLE DELIVERABLES: -Fencing as needed to secure Event areas. -Trash can attendants with onsite dumpsters. -Coordination with local volunteer groups to assist with litter and clean up. -Security assistance through a combined effort of City Police and contracted security company. Page 1 An equal opportunity employer. -Electrical needs of the Event with the assistance and input of the City of Jeffersonville's electrician and generators as needed. -Portable bathrooms to total at least 25 at the Riverstage and 25 at Big Four Station Park,through a combination of existing restrooms and rented restrooms. -Bike Racks. -Volunteer staffing for ticket selling,wristband checking,beverages,etc. -Identify Event parking with signage and attendants. -Street Closures coordinated with City Police. -Golf Cart/Toro type vehicles will be available for Event staff. SHUTTLE SERVICES; The City of Jeffersonville will provide the use of our two (2)Trolley's to shuttle attendees to Event area and to the Clarion and Sheraton hotels,and also,work with the hotels to obtain the use of their shuttles for the Event. SPONSORSHIP: -Abbey Road can continue their sponsorship arrangements with Gretch Guitars,Crosley and work out details of in-kind sponsorships with Clarion and Sheraton hotels,with the understanding that details of benefit packages are equal and'appropriate.Abbey Road on the River gets the first$9500 of beverage profits. -All other sponsorship plans are to be developed through the City of Jeffersonville City Partners Program. -The City of Jeffersonville will retain all sponsorship revenue-up-to$200,000,regardless of who sells them.-With all dollars raised over$200,000 to be divided up in a 50/50 split between CityU Jeff and Abbey Road on the River. INCENTIVE BONUSES: -Any dollars raised above the following figures,will be divided in a 50/50 split between City of Jeff and Abbey Road, Box Office Sales $400,000 Food&Beverage $110,000 net receipts -The City of Jeff will receive 25%of merchandise net profits over$35,000. As discussed in previous meetings,a total of$150,000 will be provided by the City of Jeffersonville annually made up of funds provided by: Clark-Floyd Counties Convention and Tourism Bureau $50,000 Payable September 10,2016 City of Jeffersonville $42,000 Payable January 10,2017 In-kind services(see below) 2000 $150,000 Fencing $5000 Radios(20) $500 Bike Racks $500 Electric&Generators $8000 Dumpsters(clean up) $4000 Park Rental $7500 Volunteers(box off.etc.) $5000 Riverstage Rent& 1-LED Niall $5000 Golf Carts $1500 Security $14,000 Restrooms $3000 Trolleys&buses as needed $4000 ' Partner, AROTR Paul Northam,Director Jeffersonville Parks and Recreation Gary Jacob,Abbey Road on the River 1111 March 15, 2016 Date' Date Page 2