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HomeMy WebLinkAbout040419 Economic Development Committee Action MinutesACTION MINUTES ECONOMIC DEVELOPMENT COMMITTEE TEMECULA CONFERENCE CENTER 41000 MAIN STREET TEMECULA, CALIFORNIA THURSDAY, APRIL 4, 2019 3:00 PM CALL TO ORDER: The meeting was called to order at 3:05 PM ROLL CALL: Mayor Pro Tem James "Stew" Stewart and Council Member Maryann Edwards STAFF PRESENT: Greg Butler, Assistant City Manager Jennifer Hennessy, Director of Finance Christine Damko, Economic Development Analyst Lisa McConnell, Police Chief Kevin Hawkins, Director of Community Services Tracy Courts, Management Aide I Brianna Borunda, Office Specialist II PUBLIC COMMENTS Paul Nolta — Spoke in support of Inland Empire Small Business Development Center Beth Good — Spoke in support of Horsewomen of Temecula Wine Country Diane Stand — Spoke in support of JDS Creative Academy and Digifest Kim Gerrish — Spoke in support of Michelle's Place Jim Davis — Spoke in support of Old Town Temecula Gunfighters Tim Kimble — Spoke in support of Old Town Temecula Gunfighters Gillian Larson — Spoke in support of Reality Rally Justin Velthoen — Spoke in support of TEDx Temecula Jean Femia — Spoke in support of TEDx Temecula Leigh Jensen — Spoke in support of Motor Maids Inc./Visit Temecula Valley COMMITTEE BUSINESS 1. Review and Finalize Economic Development Sponsorship Application Funding for FY 19-20 • The Committee was supportive of staff recommendations for funding and sponsorship agreements with all applicants, except for Western Days who was granted $4,000 (See attached chart). ADJOURNMENT: The meeting officially adjourned at 4:40 PM �ioly Date Gre Butler Assistant City Manager Updated 4-8-2019 Final (Approved) Meeting Date: April 4, 2019 ECONOMIC DEVELOPMENT FY 2019-2020 SPONSORSHIP FUNDING REQUESTS PARTNERS (Agreement managed by Economic Development) ORGANIZATIONS Month/Year of Event Funding Requests Granted FY 2018-2019 Funding Requests FY 2019-2020 Staff Recommendation CSUSB/IESBDC Year-round Partner $5,000 $7,500 $7,500 w/ added duties: -Business Week -Enhanced Services to TVE2 Tenants All Valley Parking Old Town Slider Year-round Partner $0 $48,000 In -Kind Marketing Inland Empire Film Permits Year-round Partner $0 $6,000 $6,000 for Marketing Temecula and to be City's sole Film Permit Liaison JDS Creative Academy Year-round Partner $0 In -Kind Marketing & Airtime for "Spectrum of Innovation" Series In -Kind Marketing & Airtime for "Spectrum of Innovation" Series EDC Year-round Partner $6,500 $6,500 $6,500 PROPOSED SPECIAL EVENTS (Agreements Managed by Community Services Department) EVENTS Month/Year of Event Funding Requests Granted FY 2018-2019 FundingRequests FY 2019-2020 Staff Recommendation Michelle's Place "Michelle's Place Walk of Hope" Sept. 22 2019 In -Kind Marketing & Support Costs $14,000 In -Kind Marketing + $10,000 Cash In -Kind Marketing & Support Costs Temecula Education Foundation "Taste of Temecula Valley" April 24-25 2020 In -Kind Marketing & Support Costs, and use of Conference Center In -Kind Marketing & Support Costs, and use of Conference Center In -Kind Marketing & Support Costs, and use of Conference Center Temecula Education Foundation "Touch -A -Truck" Oct. 19 2019 In -Kind Marketing & Support Costs In -Kind Marketing & Support Costs In -Kind Marketing & Support Costs Digifest Temecula April 17-19 2020 In -Kind Marketing & Support Costs, and use of Conference Center In -Kind Marketing & Support Costs, and use of Conference Center In -Kind Marketing & Support Costs, and use of Conference Center Reality Rally, Inc. May 2-4 2020 In -Kind Marketing & Support Costs, and use of Conference Center In -Kind Marketing & Support Costs, and use of Conference Center In -Kind Marketing & Support Costs, and use of Conference Center 2 PROPOSED SPECIAL EVENTS (Agreements Managed by Community Services Department) EVENTS Month/Year of Event Funding Requests Granted FY 2018-2019 FundingRequests q FY 2019-2020 Staff Recommendation TEDxTemecula Sept. 27-28 2019 In -Kind Marketing Theatre Use Costs + In -Kind Marketing $2,500 Toward Theater Costs + In -Kind Marketing Motor Maids Inc Convention July 9 2019 New Request Costs for SupportSupport parade permits and escorts Costs for soft street closure Temecula Valley Balloon and Wine Festival May 31-June- 2 2019 $27,000 $35,000 $27,000 (need audit as of 4/8/19) Light Up Temecula (Menorah Lighting) Dec. 22 2019 New Request In -Kind Marketing & Support Costs + $1,000 and police None; City unable to support faith -based non-profit or event Old Town Outdoor Quilt Show Oct. 5 2019 In -Kind Marketing & Support Costs, and use of Conference Center and Theater Courtyard In -Kind Marketing & Support Costs, and use of Conference Center and Theater Courtyard In -Kind Marketing & Support Costs, and use of Conference Center and Theater Courtyard 3 PROPOSED SPECIAL EVENTS (Agreements Managed by Community Services Department) EVENTS Month/Year of Event Funding Requests Granted FY 2018-2019 Funding Requests FY 2019-2020 Staff Recommendation Temecula Valley Bluegrass Festival April 12-14 2020 New Request In -Kind Marketing & Support Costs + $5,000 None; encouraged to apply again next year and show Economic Impact Western Days Sept. 14-15 2019 New Request $4,000 $4,000 + In -Kind Marketing & Support Costs (approved by Committee 4/4/19) Horsewomen of Temecula Wine Country March 23 2019 and Jan. 1 2020 New Request Use of City Logo, $46,904 for Parade Costs Use of City Logo, $5,000 for Parade Costs (contingent upon parade entry) TOTAL Cash Granted FY 18-19: $38,500 FY 19-20 Cash Recommendation: $58,500 4