Metropolis will not likely renew agreement with Spectra Location for MPEC administration

The Town of Wichita Falls will not renew its contract with Spectra Venue Management in accordance to a launch from the metropolis Monday afternoon.

The corporation has managed the MPEC for five yrs, which includes Kay Yeager Coliseum, J.S. Bridwell Agricultural Middle, Memorial Auditorium and the Ray Clymer Show Corridor.

“Just after a extensive economic analysis, an analysis of past general performance, a critique of solutions and in depth discussion, the City of Wichita Falls has resolved not to renew the deal with Spectra Venue Administration and rather deliver the operations in-household, and back again to Metropolis management,” the town reported in the launch.

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The launch described that the proposed addition of a hotel and convention centre to the MPEC amenities has presented an “perfect time” to convey the management in-property.