I have posted the Marriot revised proposal doc with the substantive changes marked showing the differences from the first version. It is posted at http://home.comcast.net/~shieber4/Doc_dock/Crystal_Gateway_Marriot_Proposal_2_with_marked_changes.doc To view the markings, you will have to save the file and open it in directly in MS Word. General Summary of differences from prior offer: The room night commitment has been slight reduced in total and spread over more days. The sliding scale for the cost to the AGA/GWAPA for cancellation has been reduced in $s. The max is now $10,000 compared with $23,000 in the prior offer. [Congrats to Rick for convincing Marriot to concede to this significant change.] Here is a summary of the specific differences: The date of the event is changed from beginning on Thurs to beginning on Weds and from ending on Sat to ending on Sun. [This is more realisitic] Under Guest Room Commitment: The nights for Wed are reduced from 11 to 10 The nights for Thurs are reduced from 75 to 50 The nights for Sun are increased from 0 to 10 There is an understanding between GWAPA and Marriot that roomnights out side of these dates (e.g., Mon or Tues) would be rented at the group rate and count towards the total room count. The room count is cumulative and not a daily goal for sliding scale purposes. I.e., renting 100 on Thurs and 50 on Fri is as good aas renting 50 on Thurs and 100 on Fri. The total room count is reduced from 275 to 270. The only other substantive changes are in the the cancellation section: Inserted is the notation that the probablility of reselling rooms and reducing harm to the hotel from cancellation is greater if the notification is sooner. The sliding scale for cancellation is from date of execution to 181 days before event, $5000 (this is the minimum cost for cancellation. >From 180 to 91 days before event, $7,500 Within 90 days of event, $10,000 (this is the maximum liability and counts as liquidated damages and the Hotel cannot seek further compensation for harm from cancellation.) The prior maximum was $23,000. The maximum under the Sheraton offer is $8,000. The maximum under the Dallas agreement was $6,900. It remains that if events beyond either party's control makes it not possible to provide or use the hotel, then the agreement may be terminated without liability. GWAPA proposes to cover $4,000 of the $10,000 maximum; AGA would then be liable for $6,000. Given the higher total dollars involved, I think the $10,000 max is reasonable. As in the prior offer, we would be guaranteeing at least 85% of the roomnights and would have to pay the diff between 230 roomnights and however many are actually rented. There is also a $4,200 fee that would be paid in any event. [In the Dallas agreement, we paid no fees if we made out 125-roomnights commitment, and we did not otherwise guarantee to cover any number of roomnights.] So that's the old and newer Marriot. I'll see if I can lay out side-by-side the Sheraton offer versus the current Marriot offer. One thing that needs to be done is to calculate the AGA2K4 net results based on the budget and this offer and various levels of attendance. I'll work on that this weekend after I pick up the cherrywood for a bookcase I promised my wife. But first, I have to start preparing the PA's police budget for 2005 -- and you folks thought *you* planned in advance ;-) Thanks, sh ===== S. Hieber - - - - - - - - Amano Returns to the AGA Annual Convention Nov 2004 -- Baltimore __________________________________ Do you Yahoo!? Get better spam protection with Yahoo! Mail. http://antispam.yahoo.com/tools ------------------ To unsubscribe from this list, e-mail majordomo@thekrib.com with "unsubscribe aga-sc" in the body of the message. Old messages are available at http://lists.thekrib.com/aga-sc When asked, log in as username is "aga-sc", and password "incorp".