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When the city lost management control of the First Monday Arbors in 2008, its balance sheet took a $250,000 hit, City Manager Lonny Cluck told councilman Sept. 15.
“We were making $250,000 a year to manage those,” he said. “We took a $250,000 hickey the next year. One of our goals was to try to make that money back … I wanted to get that $250,000 revenue back but did not want to go up on our vendors any.”
Five years later, the city’s has made up for the last revenue and a whole lot more, Cluck said.
“We are making $655,000 more than what we made when we managed The Arbors and we’ve done that without going up on our vendors,” Cluck said. “We’ve done that by giving our vendors a lot more choices, choices to do this, choices to do that. We’ve changed our venues. We’ve tried to manage our property better. I think First Monday has done very well.”