COLUMBIA — TAG Events is the only company that applied to become the permanent manager of the Boone County Fairgrounds.
The Boone County Commission received the proposal Tuesday morning, and will begin the review and negotiation with the company as soon as possible. A committee will be appointed consisting of Northern District Commissioner Skip Elkin, county employees and community members who have experience with finances and event planning.
Southern District Commissioner Karen Miller said she would like to see someone from MU who has experience with event planning on the committee. Miller said that although TAG Events submitted the only proposal, that doesn't guarantee it will win a contract.
A decision will have to be made soon because Elkin is scheduled for active duty in the National Guard. He will leave at the beginning of December.
TAG Events already has a temporary contract with the county to manage the fairgrounds. That contract, which gives the company $42,000 per month, expires at the end of the year.
Mike Teel and Brent Gibson own TAG Events. Their temporary contract began Oct. 1. Teel and Gibson are making improvements to the property, running events and revamping the fairgrounds' accounting system.
Teel said he was happy to see so many elected officials visiting the fairgrounds.
TAG Events will submit its first financial report to the commission at the end of October. Miller said she is looking forward to the report because she believes it will give commissioners a better idea of how the fairgrounds operate.
The permanent contract for the fairgrounds begins on Jan. 1, 2012.