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Council approves emergency amendment to 5 Flags management contract to address liquor license issue
Summary
Council approved a narrow amendment to the 5 Flags Civic Center management agreement that carves alcohol revenue down to 9.9% of gross alcohol receipts to avoid triggering a state licensing requirement; city and management will return with a broader amendment within 90 days.
The City Council on Monday approved a short, targeted amendment to the 5 Flags Civic Center management agreement to address a liquor‑licensing issue identified by the Iowa Alcoholic Beverages Division. Assistant City Attorney Jason Lehman explained that Lamar‑style revenue shares in the management agreement had created a situation where the city’s share of alcohol receipts could be 10% or greater, which the state…
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