Alerus Center - History

History

Location of Alerus Center

After attempts going back to 1984 to fund expansion of the downtown civic center or construction of a new convention center (1992), in 1995 a vote to increase the local sales tax to build a new events center (dubbed The Aurora Events Center, costing $43 to $49 million) passed with 60% approval. Cost overruns required another vote in 1996 on an events center to cost $57 million which passed with 51% approval.

The Flood of 1997 delayed the project and led to redesigns to make the facility less susceptible to future flooding. Compass Management was hired to manage facility and in 2000 Aurora was renamed The Alerus Center after Alerus Financial bought naming rights for a period of 20 years. Alerus Center opened on February 10, 2001 with a final cost of $80 million. In 2006 construction started on Canad Inns hotel tower and water park and was completed in 2007.

In 2007 the city ended its management contract with Compass Management but the same year rehired Compass Management, now renamed VenuWorks, with the provision they won't be paid if they lose taxpayer money. In 2009 Alerus Commission announced they lost $720,000 in the events fund due to Alerus operations. No accounting of that loss is made available to the public. VenuWorks notified the City of Grand Forks it intends to terminate its management contract with the events center effective December 31, 2011. The city will likely manage most of the facility with the option of bringing help to assist in specialty areas.

Read more about this topic:  Alerus Center

Famous quotes containing the word history:

    The whole history of civilisation is strewn with creeds and institutions which were invaluable at first, and deadly afterwards.
    Walter Bagehot (1826–1877)

    This above all makes history useful and desirable: it unfolds before our eyes a glorious record of exemplary actions.
    Titus Livius (Livy)