User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


23° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

City Council Has Final Say On Naming Rights

August 2, 2012, 6:01 PM by Don Jorgensen

City Council Has Final Say On Naming Rights
SIOUX FALLS, SD -

The naming rights deal for Sioux Falls' new events center still needs city council approval, but after talking to a couple of the members following Thursday's news conference, it sounds like it's all but a done deal.

"It's a fantastic bid; fantastic day for Sioux Falls," city council member Rex Rolfing said.

Rolfing served on the naming rights committee and also helped select the consultants who worked with Sanford Health, First PREMIER Bank and PREMIER Bankcard to broker this multi-million dollar long term deal.

"When we looked at the four firms that were coming in, we looked at them as an opportunity, what they could do to bring in obviously as much money, but also to do it in the right way," Rolfing said.

Rolfing says the deal exceeded his expectations, but not everyone who sits on the council.

"I'm really happy we are getting $750,000 a year, but the important thing is could we have gotten more and that's one thing we should always be striving for, is to try and get as much money to help deal with the events center as possible," city council member Kermit Staggers said.

Staggers doesn't believe the $750,000 will be enough to cover all operating expenses.

"I think most people realize this is going to be subsidized with taxpayer money for operating expenses, but at least this will help in trying to cut don on the subsidy," Staggers said.

Comparing this deal with some others in the Midwest, it's the largest and longest title sponsorship for an events center, including Omaha, Des Moines, Lincoln and Tulsa, Oklahoma.

Previous Story

Next Story


Comments





RELATED STORIES
Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

The City's Largest Construction Project Will Impact Thousands

3/2/2015 5:04 PM

It's being billed as the city's largest construction project this year at a cost of just under $9 million and it's going to impact thousan...

Full Story | Watch
Whiffer's Sandwiches Back Open For Business

3/2/2015 4:00 PM

Whiffer's Sandwiches is serving up lunch on Minnesota Avenue again.

Full Story
Costco Citigroup Partnership To Have Impact On Citibank In Sioux Falls

3/3/2015 2:45 PM

Costco is switching credit card company partnerships and that is going to have an impact on Citibank in Sioux Falls.  

Full Story
Great Western Bank To Close Two Sioux Falls Branches

3/4/2015 12:57 PM

Great Western Bank is closing its branches in the Walmart store on South Louise Avenue in Sioux Falls and at the Western Mall at the end of the month.

Full Story
Target Plans $2B In Cost-Cutting Moves

3/3/2015 3:20 PM

Target Corp. plans $2 billion in cost cuts over the next two years through corporate restructuring and other improvements.

Full Story


Events