City Decreases Rates For Rental Venues
The City of Hamilton has decreased rental rates for some of their venues, with the hourly rental rates for parks being reduced by over 50%, the rental rates for the Earl Cameron Theatre reduced by 30%, while the rental rate for Bull’s Head Car Park will also be reduced, at a ‘per level’ rate, by 50%.
A spokesperson said, “To help reduce the financial strains faced by residents, community groups, small businesses and local charities caused by Covid-19, the City of Hamilton has decreased the rental rates for some of the City’s popular rental venues.
“The hourly rental rates for Bermuda’s parks will be reduced by over 50 per cent. City parks host many events including concerts, exercise classes, weddings and other private events. City parks include:
- Barr’s Bay Park
- Fort Hamilton
- Gordon’s Green
- Jubilee Park
- Point Pleasant Park at Albouy’s Point
- Queen Elizabeth Park
- Victoria Park
“The rental rate for Bull’s Head Car Park will also be reduced, at a ‘per level’ rate, by 50%. Additionally, the City has created a day permit rate for this venue to facilitate smaller events like exercise classes and drive-by functions.
“The rental rates for the Earl Cameron Theatre will be reduced by 30 per cent for 2021 only.
“The Earl Cameron Theatre at City Hall plays host to numerous productions throughout the year including pantomimes, dance recitals, comedy shows, theatrical productions, award galas, film festivals, corporate meetings, lectures and more.
“The Pier 6 Waterfront Complex has also drastically reduced its rates for both the upper and lower levels. For example, the all-day standard rate for Pier 6 [lower level] has gone from $2900 to $1800. This space has hosted wedding receptions, private events, dinner parties, conferences and more. The rates for Pier 6 [upper level] have also been reduced, with the venue available for rent later this year following extensive renovations.”
“Due to the limited capacity of social gatherings as per the Bermuda Government’s Covid-19 guidelines, clients are restricted from using the full capacity of our venues and thus, this limits the number of attendees,” explained the City’s Director of Marketing & Communications Jessica Astwood.
“This directly impacts the number of tickets that can be sold and, in turn, the revenue needed by organizers to cover the event. We wanted to give back to the community and encourage whatever limited gatherings that are safe to take place.
“In the age of Covid-19, there is a demand for more open-air and drive-by events. For example, we have really seen an increase in clients who are looking to do full-scale productions outdoors in our parks, so we focused on reducing costs for those venues specifically.”
“When Bermuda’s post-Covid-19 economy is in recovery, these rates will be revisited,” the City noted. ”The City of Hamilton has a catalogue of spaces and properties that are used to host a variety of stage productions, cultural and private events. To view the full listing of City rental venues or for more information about any of the above venues, go to www.cityofhamilton.bm or contact events@cityhall.bm.
“The City of Hamilton wishes to remind members of the public that individuals wishing to use any of the City’s properties and event spaces for commercial activities and events or formal gatherings must first apply to the City for permission to do so.”
If rental values are down by 50%, then our ARV Land Tax should reduce by half.
Guess all the $$$$ from CAD a allows for that. Glad it’s finally getting done. Was definitely a S*** hole.