City politicians have approved a revised five year agreement with Carmens to operate the Hamilton Convention Centre.
The agreement could increase the city's planned subsidy of the venue by up to another 450 thousand dollars this year, however it continues to ensure that Carmens will save the city 5.8 million dollars over the life of the contract, which expires in 2018.
Several councillors asked for and received that bottom line assurance from the finance department's Tony Tollis during a meeting at City Hall on Thursday.
Tollis stresses that the savings remain "intact".
Carmens asked for the revision to the savings projected in the first year of the contract --- due to lower than expected revenues in 2012.