ALBUQUERQUE, N.M. (AP) — A group of food vendors is trying to renegotiate lower rent for an annual hot-air balloon fiesta to keep food prices from rising.
The group plans to meet Monday with officials for the Albuquerque International Balloon Fiesta.
The vendors are unhappy with a new contract that requires them to turn over 30 percent of their total sales for the October event or pay a fixed rental fee, whichever is higher.
The vendors are seeking a two-week extension on their contract deadline while they pursue a compromise.
Balloon Fiesta board member Jim Garcia tells the Albuquerque Journal (http://bit.ly/MOqTU7 ) that he’s unsure the contract can be changed. He defends it as fair but says the officials will listen to the vendors’ concerns.
Florida-based Ovation Food Services now manages the fiesta’s food vendors.