In a letter to the committee, CCE Properties President Bruce Eskowitz said moving the festival on “very short notice” to a county-owned soccer field resulted in the company’s extra expenses – including $119,631 for parking management, $68,285 for stagehands, $51,335 for insurance and $23,846 for barricades, according to the Las Vegas Review-Journal.
The event, which drew 47,000 people, was originally scheduled to be held in a parking lot at the Las Vegas Convention Center.
Sponsorships for the concert also did not meet CCE’s expectations.
Deputy City Manager Betsy Fretwell said the city would not allocate taxpayer money to reimburse CCE because of the city council’s commitment to producing Las Vegas’ centennial celebration without tax dollars, according the Las Vegas Sun.
The committee said it will consider CCE’s request at the end of the year, once centennial activities are over. However, some committee members said no provision for the reimbursement exists in the contract and the city has no responsibility to pay the company, the Review-Journal reported.
Fretwell said $400,000 remains of the $1.9 million CCE paid to co-sponsor the centennial. She reportedly added that any funds considered for reimbursement would come from those funds and money raised through centennial merchandise and donations.