The Fargo Dome Authority voted unanimously Dec. 9 to approve a new two-year contract with Philadelphia-based venue management firm Global Spectrum to manage the Fargodome in Fargo, N.D.

Dome Authority President Ryn Pitts said the contract, which runs Jan. 1, 2009 to Dec. 31, 2010, holds the line on Global Spectrum's compensation, while including significant changes sought by the city.

Contract language now puts the onus on Global Spectrum to pay attention to long-term market trends in managing the dome. The firm also agreed to open more of its financial records to the city, including revealing any discounts, rebates or premiums it gets in booking events. The agreement is also a year shorter than past pacts because of uncertainty over how a proposed arena addition to the dome would be managed.

According to The Forum in Fargo, Global Spectrum will be paid a management fee of $5,000 a month. It will also get $2 per ticket for each ticket sold between 107,959 and 127,959 for national and regional attractions, and $1 per ticket above 127,959, the contract shows.

The firm also gets a concessions management fee of $2,277 per month, with 4% of gross concession revenues up to $999,999, 7% of gross concession revenues between $1 million and $1.25 million, and 8% of gross concession revenues above $1.25 million, the contract shows.

Pitts says records show Global Spectrum projects it will make $155,469 in 2008. The firm made $157,482 in 2007, $132,049 in 2006, $127,177 in 2005, $133,964 in 2004 and $124,803 in 2003.

The contract gives the Dome Authority a say in choosing any new general manager, and input into evaluations of current General Manager Rob Sobolik.

The contract now goes to the City Commission for approval.