LCCCA Board member Kevin Fry, who is also Chair of the Authority’s Public Relations, Marketing, and Hospitality Committee, announced at the board meeting, Thursday night, that board member R.B. Campbell has been selected to accompany Authority Chair and Acting Executive Director Art Morris in negotiations with Penn Square Partners over the status of certain controversial contracts regarding naming rights.
NewsLanc continues to question why it is that these contracts “gift” half of the proceeds from the sale of naming rights to Penn Square Partners and also give S. Dale High himself the “right of first offer” with respect to naming rights.
NewsLanc also challenges PSP’s claim to half of future State grants and the High Group subsidiary’s only paying a 10% commission on the food concession when standard industry practice is 30% or more.
Fry said that Morris and Campbell will make a presentation to the Marketing Committee on Thursday, March 20 about the substance of those negotiations.
