Administration recommends All In 49 to run Sullivan Arena under capped $613,500 annual subsidy
Administration told the Assembly it recommends awarding the Sullivan Arena management contract to All In 49 LLC, an entity formed by the Anchorage Wolverines, proposing a capped net operating deficit subsidy of $613,500 (increasing 2% yearly), a five-year term and renewed emphasis on preventive maintenance.
The full story
The Anchorage administration recommended on Thursday that the Assembly award the Sullivan Arena management contract to All In 49 LLC, a newly formed entity tied to the Anchorage Wolverines, and include a capped municipal subsidy to keep the building operating.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in