Huber Heights City Council unanimously approved Monday night, Sept. 8, an exclusive naming rights deal for the $18 million music center’s VIP area with a local business owner.
The agreement is with Huber Heights resident Mike Seibert, president of Circuits & Cables in Vandalia, that will pay the city $40,000 annually for the first five years of the deal. The VIP area will be named “Circuits & Cables VIP Area.”
The unanimous vote drew a standing ovation from the audience, and council members expressed their appreciation toward Seibert and his wife, Cindy.
The amount generated from the sponsorship will cover the annual debt service for the VIP project.
The contract will take effect Jan. 1, 2015, and run through Dec. 31, 2019. There is an option to extend the deal for an additional five years, with the annual amount between $45,000 and $55,000, according to the agreement.
Construction of the 4,500-seat covered music center at 6800 Executive Boulevard is expected to be completed by the end of the year. STEVEN MATTHEWS