Extends deadline a third time for companies to bid for sponsorship rights
The initial deadline was July 29, but was later extended to Aug. 19. On Monday, the deadline was extended a third time, to Sept. 16, in hopes of attracting interest.
That's actually less room than the former amphitheatre had, but there are plans to add 500 more seats and a roof, at a cost of $5.2 million. More seating and a roof are key to attracting more events and boosting revenue, a business plan presented in January concluded. However, there is only about $1.4 million in capital funds available, leaving a deficit of about $3.8 million.
While unlikely to bring in enough to fund the capital work, councillors were hoping to improve the facility's bottom line. While annual expenses were estimated to run around $189,550, actual expenses were $242,614 in 2012, the first full year the renovated facility was open, declining to $218,298 in 2013. Revenues were estimated at $60,000, but only reached $42,154 in 2012, before rebounding to $60,842 last summer.
However, the tender makes it clear that the Grace Hartman name will be maintained. The sponsor's name may be included, however, and the rights include “premier placement of proponent’s services/products” and “premier advertising consideration.”
The amphitheatre hosts several events and festivals each year, the tender document says, including Northern Lights Festival Boréal, Sudbury SummerFest and the Vale Summer Concert Series.
Submissions are being accepted until 1:30 p.m. on Sept. 16. For more information, go to www.greatersudbury.ca/tenders.
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