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Commission reviews H2 Marketing proposal to manage Boomtown Bay Aquatic Center; requests contract for follow-up
Summary
H2 Marketing presented a full-service management proposal and a consulting option for Boomtown Bay Family Aquatic Center; commissioners asked detailed financial and operational questions and requested a formal contract to review at a special meeting rather than take action tonight.
The Burkburnett Board heard a detailed proposal April 6 from H2 Marketing LLC to manage the Boomtown Bay Family Aquatic Center.
Presenters Jimmy Holmes and Steve Vaughn offered two engagement options. The full-service management proposal is a three-year arrangement priced at $84,000 in year one, $90,000 in year two and $96,000 in year three, with a 10% incentive on annual net operating income above a mutually agreed baseline. The alternative is a one-year consulting engagement for $60,000 to provide recommendations…
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