view MHMC/Carts/HeadsOfAgreement.xml @ 328:da8b1c00344d

in time for Trustees meeting
author Henry S Thompson <ht@inf.ed.ac.uk>
date Tue, 05 Mar 2024 17:52:36 +0000
parents
children b8b5dc4287a3
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 <head>
  <title>Heads of Agreement: C Arts and SESAM</title>
  <author>Henry S. Thompson</author>
  <date> 5 Mar 2024</date>
 </head>
 <body>
  <div>
   <title>Introduction</title>
   <p>Hartley Kemp of <link href="http://www.cvenues.com/cvenues/">C
Arts</link> has offered to hire the Meeting House at 7 Victoria Terrace,
Edinburgh, for use as an Edinburgh Festival Fringe venue from
2024-07-21&#8211;2024-08-31 (seven weeks).  He has provided both a draft
contract and supporting information including a draft budget and a number of
emails with details of his dealings with the other venues he uses and the
performers he features in them.</p>
   <p>He has asked for a decision from us as a matter of urgency.  This
document sets out our offer as a basis for an agreement in principle to go
ahead.  We aim to agree a version of these terms by 8 March, with an actual
contract to follow as soon as possible thereafter.</p>
  </div>
  <div>
   <title>Details</title>
   <div>
    <title>Primary costing</title>
    <list type="1defn">
     <item term="Spaces in use">Meeting room, Hall, possibly Library, possibly
Creche, East half of Foyer</item>
     <item term="Spaces reserved">Office, West half of Foyer (assuming Cafe)</item>
     <item term="Spaces for discussion">Bow Room</item>
     <item term="Seats">140</item>
     <item term="Days in venue">42 (21/7&#8211;31/8), assuming week -1 get-in
is viable</item>
     <item term="Venue hire">£8800 (approx. 140 * £63)
      <p>Payable in 4 equal installments on 1 June, 14 July, 14 August, 14 September</p>
     </item>
   </list>
   </div>
   <div>
    <title>On-costs</title>
    <list type="1defn">
     <item term="Electricity">CA to cover their usage:  £500 deposit, we will
record meter on 13/7, 20/7 and 1/9, invoice for 42 days based on KW/hrs from
21/7&#8211;31/8 less our estimated baseline from KW/hrs between 13/7&#8211;20/7 </item>
     <item term="Cleaning">CA to cover cost of cleaning the spaces they are
using (see above, plus Stair, 1st and 2nd floor hallways, upstairs toilets),
either by their own people + hired-in, or by our people and we will invoice for
an agreed percentage (80%?)</item>
     <item term="Sundries">CA to cover cost of all toilet supplies for upstairs
toilets (loo roll, soap, towels)</item>
    </list>
   </div>
  </div>
  <div>
   <title>Cafe</title>
   <p>We plan to have a pop-up cafe in operation, provided by the proprieters
of the Hideout Cafe up the road from the Meeting House, in the West half of the
Foyer and possibly the Bow Room.</p>
  </div>
  <div>
   <title>Profit-sharing</title>
   <p>We are bearing some of the risk, we would like some of the profits, if
any.  As CA typically operate on a guarantee + split basis with their shows,
we'd like to have a small share of CA's share of the split, maybe 1% or 1.5%
out of their 50%. </p>
   <p>Basically we're looking for something that would yield a further £2,000 if CA
hit the £20,000 'profit' they are aiming for.</p>
  </div>
 </body>
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