City signs new deal with Abbotsford Centre operator

Five-year-agreement reduces management fee

The Abbotsford Centre

The City of Abbotsford announced Thursday that it had signed a new contract with Global Spectrum, which operates the Abbotsford Centre.

The deal, which will take the place of the two parties’ previous 10-year agreement, will run until June 30, 2019.

The city says it will save Abbotsford more than $300,000 per year by reducing Global Spectrum’s management fee and decreasing the projected subsidy required through new financial efficiencies.

It will also allow the city to cancel the agreement, with a one-year notice, if Global Spectrum fails to meet its budget.

The city will also have the right to veto any events booked for the centre that will not make money or which it deems inappropriate.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Start of school pushed back in Langley

Teachers will get more time to prepare for the changed classroom environment

B.C. zoo names new grizzly cub ‘Henry’ in honour of Dr. Bonnie Henry

The top doctor’s surname was chosen from a list of around 6,600 entries to Greater Vancouver Zoo

Langley’s Critter Care now selling face masks of the animals they rescue

Wildlife centre launches online swag store mid-pandemic to help fund its rescues

Displaced tenant ‘heartbroken’ after Langley City condo robbed after fire

Wedding rings of Michelle Buchan’s have since been recovered, but much is still missing

Man, 54, charged in connection with fatal attack of Red Deer doctor

Doctor was killed in his walk-in clinic on Monday

One dead as fish boat sinks off southern Vancouver Island

Shawnigan Lake-registered Arctic Fox II went down off Cape Flattery, west of Victoria

42 more people test positive for COVID-19 in B.C.

The province has recorded no new deaths in recent days

Joe Biden selects California Sen. Kamala Harris as running mate

Harris and Biden plan to deliver remarks Wednesday in Wilmington

Canucks fan risks life to celebrate at Surrey intersection

‘All fun and games until somebody falls out an open side door of the van’

‘Agitated’ man pulls out knife on 3 people in Abbotsford

Witnesses sought for incident on Monday night near city hall

FoodMesh taking its emergency food recovery project nationwide

Pilot project in Chilliwack helped show that food surpluses could be diverted to charities in need

Lawsuit launched after Florida child handcuffed, booked and briefly jailed

Suit alleges “deliberate indifference” to what should have been handled as a behavioural issue

Most Read