Item No. __7b_Supp______
Date of Meeting ___August 9, 2011____

Staff Briefing
August 9, 2011

Background and History

Conference and Event Facilities
World Trade Center
International
Conference Center

Cruise Terminal

Smith Cove Cruise Terminal

Major Government Events

The Industry and the Agreement
 Current and Future State of the Industry
 Nationwide Request for Qualifications/Request for
Proposal
 Selection Process
 Conference Center Consulting Group support
 Agreement Structures Considered
Leases
 Multiple Management Agreements
 Single Comprehensive Management Agreement


 Category III Personal Services Agreement

Proposed Major Business Terms
 Ten Years with One Ten-Year Renewal Option
 Management Fee between 4% to 7% of gross revenue
 Facilities included
 Option to Add Temporary Space
 Option to Reduce Space
 Port Investment for Improvements
 Manager's Employees
 Revenue and Expenses
 Rebates and Discounts
 Related-Party Transactions
 Manager Termination

Next Steps
 Request Commission authorization to execute new

Conference and Event Center Management Agreement
at subsequent meeting