SIOUX CITY | The Sioux City Council will again take up whether to privatize management of two city-owned entertainment venues Monday, a week after deferring a vote on the issue.
The council is weighing whether to switch day-to-day operations at the Tyson Events Center and Orpheum Theatre over to the Philadelphia-based firm Spectra or to keep them under the auspices of the city.
The city has received a proposal from the private firm, which manages 151 venues in North America and South Asia. The firm proposes it can reduce the city's subsidy by $235,000 in the first year by boosting sponsorships and adding profitable events.
The city's Events Facilities Department has also come forward with a proposal to keep management under the city. By restructuring staffing, pursuing partnerships and partnering with the Hard Rock Hotel & Casino to bring in six shows to the Tyson per year, the city's proposal also plans to generate more revenue and decrease the subsidy.
A majority of the council last week had voiced support for moving toward private management, stressing the additional resources that would be available to the city through such a large firm. But the council ultimately granted a request by City Councilman Dan Moore to wait a week to allow for more time to weigh the considerations.
Moving to private management carries the recommendation of City Manager Bob Padmore and the Orpheum Theatre Board of Directors. The city's Events Facilities Advisory Board has recommended sticking with city management, or at least giving the city a year to test out its proposed operational tweaks before making the move.
About a half-dozen members of the public spoke during last week's meeting. The public will have another opportunity to weigh in Monday.