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.

Just Posted

Langley actors up for challenge of period romance

Two TWU students learn how much they have in common with each other and their characters.

VIDEO: This is what buying legal pot in B.C. looks like

Take a look inside B.C.’s first and only legal pot shop located in Kamloops

ELECTION: Langley Township council candidate Michael Pratt

A Voter’s Guide to key election questions.

VIDEO: Fire crew mopping up workshop fire near Golden Ears Bridge

Structure fire at 208 and 102B sending plumes of black smoke into air above Walnut Grove

WHAT’S IN STORE: Amazed by Langley’s generosity

Keep sharing information about what your business or store is doing to help people in the community.

Mellow opening to B.C.’s only legal pot shop

About five people lined up early for the opening of the BC Cannabis Store in Kamloops.

Jagmeet Singh says marijuana pardons are not enough

Trudeau government will streamline pardon process for Canadians convicted of simple possession of marijuana in the past

BC Ferries begins taking debit in two-month pilot project

Company is giving customers option to use Interac on two-month trial on select vessels

Caregivers banned from smoking, growing cannabis around children-in-care: MCFD

Ministry has limited cannabis use for caregivers, stating it may “pose a risk to children and youth.”

Cheaper strains sell out within minutes on online BC Cannabis Store

Province says new strains will become available in the coming months

Only 40% of B.C. car dealerships have electric cars available: report

Researchers found buyers frustrated at the lack of options

VIDEO: Millionaire Lottery returns to give back and win big

Since 1996, Millionaire Lottery has raised $52 million for the VGH+UBC Hospital Foundation

Test case challenges a politician’s right to block people from Twitter account

3 people say Watson infringed their constitutional right to freedom of expression by blocking them

Most Read