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SR 05-24-2016 3L City Council Report City Council Meeting: May 24, 2016 Agenda Item: 3.L To: Mayor and City Council From: Rod Merl, Pier Manager, Office of Pier Management Subject: Carousel Fare Roll Back to 5 Cents on June 12, 2016 for Looff Hippodrome Centennial Celebration Recommended Action Staff recommends that the City Council Adopt Resolution to Set Carousel Ticket Fare Rate to 5 Cents on June 12, 2016 in conjunction with the Looff Hippodrome Centennial Celebration. Executive Summary The historic Looff Hippodrome, which houses the Santa Monica Pier Carousel will turn 100 on June 12, 2016. As part of a celebration planned for that day to mark this important occasion, staff requests Council authorization to roll back carousel ticket fares to the ticket price charged in 1916 --- to 5 cents per ride. Carousel ticket fares are set by Council resolution, therefore to lower the fare for this one day event Council must authorize the change by resolution. If approved, the cost to ride the Carousel on June 12, 2016, would be 5 cents per rider. Background Charles I. D. Looff, a renowned builder of hand-carved carousels, and a pioneer Pier following lengthy negotiations with the City. The jewel of his new pier was the Byzantine-Moorish styled Hippodrome building which opened its doors to the public on June 12, 1916. vintage merry-go-rounds and Wurlitzer organs. Today the Hippodrome is home to the ornate 1922 Philadelphia Toboggan Company Carousel #62. The City purchased the Looff Hippodrome in 1977, and completed its restoration in 1981. It was declared a National Historic Landmark in 1987. The building is the last remaining original structure s a beacon attracting and inspiring generations of visitors to the Pier. Roth Management operates the Carousel under contract with the City. Discussion On June 12, 2016, as part of a celebration planned by the Santa Monica Pier Corporation to mark this momentous occasion, staff requests Council authorization to 1 of 2 roll back carousel ticket fares to the ticket price charged in 1916 --- to 5 cents per ride. The regular fare is $1 for children and $2 for adults (14 years and older). Average carousel revenue on a Sunday in June is approximately $1,035 with a ridership count of 645. Financial Impacts and Budget Actions Staff does not anticipate that this special one day promotion would significantly impact -17. Therefore there is no immediate financial impact or budget action necessary as a result of the recommended action. Prepared by: Elana Buegoff, Sr. Development Analyst Attachment A. Resolution Prepared By: Elana Buegoff, Senior Development Analyst Approved Forwarded to Council Attachments: A. Carousel Fee Resolution 2 of 2 wĻŅĻƩĻƓĭĻʹ wĻƭƚƌǒƷźƚƓ bƚ͵ ЊЉВЎВ Λ//{Μ