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Published January 29, 2010, 09:32 AM

Alerus Center reports $225,000 loss

The city-owned Alerus Center in Grand Forks is reporting a $225,000 loss last year.

GRAND FORKS, N.D. (AP) — The city-owned Alerus Center in Grand Forks is reporting a $225,000 loss last year.

VenuWorks, the firm that manages the building for the city, had earlier projected a loss, though the amount was not as high. VenuWorks will have to pay back some of its management fee because of the loss.

Officials say 2009 was a strong year for conventions, but some of the big concerts the center needed to boost its finances did not materialize.

The deficit comes out of a special fund the City Council has set aside for such shortfalls. The Alerus Center could replenish the fund if it makes more this year.

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