SPTE 203 Exam One Study Guide
Introduction to Event and Venue
Management (University of South
Carolina)
, SPTE 203 Flashcards | Quizlet
1. Arena
Types of Facilities a. Indoor facility with fixed and/or
portable seats surrounding an
open floor
b. Permanent or portable stage
2. Performing arts center
a. Permanent stage and seating
b. Sloped floor
3. Auditorium
a. Permanent stage
b. Permanent and portable seating
c. Flat floor
4. Convention Center
a. Exhibit and meeting space
b. Large flat spaces
5. Stadium
a. Large facility with seats and
bleachers surrounding a field
area
b. Open air or dome
6. Amphitheaters
a. Open air with stage
b. Permanent seating and lawn
with portable seating
c. Seasonal event schedule
7. Complex
a. Combination of 2 or more venues
b. Managed by a single entity
- GO (General Obligation) Bond:
GO and Revenue Bonds - Issued with full financial backing
of the issuer.
- Able to vote on what taxes are paid,
used to repay the people for taxing
them. used to improve local life- full
reimbursement guaranteed
- Revenue Bond:
- A Revenue Bond Issued with
only potential financial
support.
- Backed by a specific stream of
revenue, less broad.
reimbursements depends on how
well the project generates revenue
● Tax increment financing
TIF’s ○ Typically involve areas that have
recently experienced loss of value
(potential redemption zone)
○ Government agencies issue tax
increment bonds & use proceeds
to buy land. Then begin to build
repair or remodel facilities in
acquired land
Introduction to Event and Venue
Management (University of South
Carolina)
, SPTE 203 Flashcards | Quizlet
1. Arena
Types of Facilities a. Indoor facility with fixed and/or
portable seats surrounding an
open floor
b. Permanent or portable stage
2. Performing arts center
a. Permanent stage and seating
b. Sloped floor
3. Auditorium
a. Permanent stage
b. Permanent and portable seating
c. Flat floor
4. Convention Center
a. Exhibit and meeting space
b. Large flat spaces
5. Stadium
a. Large facility with seats and
bleachers surrounding a field
area
b. Open air or dome
6. Amphitheaters
a. Open air with stage
b. Permanent seating and lawn
with portable seating
c. Seasonal event schedule
7. Complex
a. Combination of 2 or more venues
b. Managed by a single entity
- GO (General Obligation) Bond:
GO and Revenue Bonds - Issued with full financial backing
of the issuer.
- Able to vote on what taxes are paid,
used to repay the people for taxing
them. used to improve local life- full
reimbursement guaranteed
- Revenue Bond:
- A Revenue Bond Issued with
only potential financial
support.
- Backed by a specific stream of
revenue, less broad.
reimbursements depends on how
well the project generates revenue
● Tax increment financing
TIF’s ○ Typically involve areas that have
recently experienced loss of value
(potential redemption zone)
○ Government agencies issue tax
increment bonds & use proceeds
to buy land. Then begin to build
repair or remodel facilities in
acquired land
