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CITY COMMISSION AGENDA ITEM |
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Department: |
City Manager |
Commission Meeting Date: Dec. 20, 2016 |
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Staff Contact: |
Megan Gilliland and Porter Arneill |
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Recommendations/Options/Action Requested: |
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Approve the 2017 Transient Guest Tax grant recommendations from the TGT Grant Advisory Board. |
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Executive Summary: |
The City Commission allocated $150,000 in the 2017 budget for this program. The City Commission reviewed and approved changes to the scoring and evaluation process earlier this year. The Advisory Board used the revised guidelines and scoring process to evaluate grant applications based on two main criteria: 1) demonstrate a measurable economic benefit including enhancing the cultural economy or travel/tourism economy, create additional transient guest tax and sales tax; and 2) enhance Lawrence’s character and reputation for tourist activities and demonstrate pull of regional visitors.
Twenty-one events applied for funding through the program for a total of $213,275 in funding. After the Advisory Board reviewed the applications, received presentations by the sponsoring agencies, and completed their deliberations, 15 events were funded to the total budgeted amount of $150,000 for FY2017. |
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Strategic Goal Area: |
Economic Development |
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Fiscal Impact (Amount/Source): |
The fiscal impact to the City is $150,000 and is budgeted in the approved 2017 Budget.
Once events are approved by the City Commission, funding agreements will be made with each entity. |
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Attachments: |
December 2, 2016 TGT Advisory Board minutes |
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Reviewed By: (for CMO use only) |
☐TM ☐DS ☒CT ☐BM |