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1 <br /> Mr. Walls stated that Century Center does the majority of the catering with Jersey Mike's and a <br /> hot dog place doing some also. <br /> Council Member Puzzello noted that she was downtown on Saturday and that the Chocolate <br /> Cafe generates alot of business near the CFHF. <br /> Dr. Varner inquired about the relationship between the NFF and the National Sports Museum. <br /> Mr. Walls stated that the National Sports Museum is located in New York City. There are <br /> forty-seven(47) entities who have kiosks there with CFI*being one of them. If a contract gets <br /> signed there would be some revenue resulting in royalty fees. <br /> Dr. Varner inquired about Archie Manning's efforts with regard to the endowment. <br /> Mr. Walls stated that Mr. Manning is the Chairperson of Development and works on getting <br /> speakers for the speakers program. He does not know of his efforts with regard to endowment. <br /> In response to a question from Dr. Varner, Mr. Walls stated that endowment monies are <br /> co-mingled with the NFF and it is his understanding that there may be $450,000 to $500,000. <br /> $20,000-$30,000 are for operations each year. He noted that there are 300 living Hall of Famers. <br /> Dr. Varner inquired if there are plans for a separate defined endowment. <br /> Mr. Walls stated that he did not know,however did not that they are a 501(c)3 entity. <br /> Dr. Varner stated that there should be a separate defined endowment so that it can be annually <br /> reviewed to see what progress has been made, and that this would be the business way to <br /> operate,rather than a co-mingled arrangement. <br /> Council Member Dieter asked the Mayor if he had any update for the Council on the contract <br /> negotiations. Mayor Luecke stated he has no update at this time. <br /> Dr. Varner has about the time table, noting that he thought the "drop dead deadline" was June <br /> 30,2005. He noted that he did not see the waiver option by the Mayor in the contract. <br /> Mayor Luecke stated that by the end of the year the process must be completed. He stated that <br /> the Century Center Board of Manager have not done anything as of this date, and that he waived <br /> the deadline. <br /> Council Member Dieter thanked Mr. Walls for the update and then adjourned the meeting at <br /> 5:35 p.m. <br /> Respectfully submitte.. <br /> Council Member Derek D. Dieter, Chairperson <br /> Parks,Arts,Recreation and Culture(PARC)Committee <br /> KCF:kmf <br /> Parks, Arts,Recreation and Culture(PARC)Committee October 24,2005 Page 2 <br />