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CIB approves convention-center incentive payments after April operations update
Summary
The board received an April operations and finance update for the convention center and approved incentive payments to the facility operator: a financial incentive based on a formula and a qualitative incentive payment.
The Community Improvement Board received an April operations and finance update for the convention center and approved incentive payments under the existing operating memorandum.
Tenille, the convention center staff presenter, told the board that the center hosted 14 events in April accounting for 16 event days, with estimated attendance of about 1,100 and projected gross revenue "a little over $56,000." Tenille also reported over 10,000 museum visitors since opening and noted marketing work including billboards and the Terre Haute visitor guide ad.
Kyle Carlson of…
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