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HomeMy WebLinkAbout04192022 Economic Development Subcommittee Action MinutesACTION MINUTES ECONOMIC DEVELOPMENT SUBCOMMITTEE CONFERENCE CENTER 41000 MAIN STREET TEMECULA, CALIFORNIA APRIL 19, 2022 — 3:00 PM CALL TO ORDER: The meeting was called to order at 3:15 PM. ROLL CALL: Council Members Maryann Edwards and James Stewart STAFF PRESENT: Kevin Hawkins, Assistant City Manager Betsy Lowrey, Assistant to the City Manager Christine Damko, Economic Development Manager Stacey Brown, Interim Management Assistant Dawn Adamiak, Community Services Superintendent Tracy Courts, Community Services Coordinator I PUBLIC COMMENTS • Connie Stopher - Economic Development Coalition (EDC) • Dan Taylor - Inland Empire Film Services • Diane Strand - JDS Creative Academy's - Spirit of Innovation • Diane Strand - JDS Creative Academy's - DigiFest • Maryruth Wilson - Old Town Quilt Show • Gillian Larson - Reality Rally • Tim Kimble - Old Town Gunfighters Western Days COMMITTEE BUSINESS 1. Review and Finalize Economic Development Sponsorship Applications for FY 2022-2023 The Committee was supportive of all staff recommendations for funding and sponsorship agreements (final funding chart attached) with the following modifications: a. High Plateau Productions rescinded their application for partnership with Singer Songwriter Show Cases b. Old Town Quilt Show was granted an additional $1,700 c. Old Town Gunfighters Western Days was granted a total of $4,000 ADJOURNMENT: The meeting officialzKevItnHawkins, 2 PM Date Assi Manager FINAL 4/19/22 ECONOMIC DEVELOPMENT FY 2022-2023 SPONSORSHIP FUNDING REQUESTS PARTNERS MANAGED BY ECONOMIC DEVELOPMENT FUNDING ORGANIZATION PARTNERSHIP RECOMMENDATION GRANTED REQUEST FY 21-22 FY 22-23 Economic Year-round $ 30,000 Cash $ 30,000 Cash $ 30,000 Cash Development MOU year 2 of 3 MOU year 3 of 3 MOU year 3 of 3 Coalition (EDC) Inland Empire Year-round $ 6,000 Cash $ 6,000 Cash $ 6,000 Cash Film Services - Marketing Temecula Film Permits as film destination - Represent City as sole film permit liaison JDS Creative Year-round - In -kind Marketing - In -kind Marketing - In -kind Marketing Academy - Airtime for Spirit of - Airtime for Spirit of - Airtime for Spirit of Spirit of Innovation Innovation Series Innovation Series Innovation Series Small Business Year-round $ 7,500 Cash $ 7,500 Cash $ 7,500 Cash Development - Enhanced Services Center (SBDC) at TVE2 - Business Week Temecula Valley Special Event $ 27,000 Cash $ 35,000 Cash $ 27,000 Cash Balloon and Wine June 2023 Festival (TVBWF) Temecula Valley Year-round $ 200,000 Cash $200,000 Cash $ 200,000 Cash Chamber of Agreement year 1 of 3 Agreement year 2 of 3 Agreement year 2 of 3 Commerce (TVCC) Visit Temecula Year-round $ 40,000 Cash $40,000 Cash $40,000 Cash Valley (VTV) Agreement year 4 of 5 Agreement year 5 of 5 Agreement year 5 of 5 PARTNERS (ED) CASH $ 310,500 $ 318,500 $ 310,500 SPECIAL EVENTS (TCSD) CASH 1 $ 6,500 *4k unpa�d $ 13,200 S 8,20, T__ OTAL $ 316,500 $ 331,700 $ 318,700 NOTE: 15 Applications: - 4 Year-round Partners: EDC, IE Film Services, JDS Creative Academy, SBDC 2 Year-round Partner Agreements: TVCC, VTV 9 Special Events: TVBWF, Pump Track Series, DigiFest, Show Cases, Quilt Show, Reality Rally, TEDx, VFW, Western Days 1 of 2 FINAL 4/19/22 ECONOMIC DEVELOPMENT FY 2022-2023 SPONSORSHIP FUNDING REQUESTS SPECIAL EVENTS MANAGED BY COMMUNITY SERVICES FUNDING a ORGANIZATION PARTNERSHIP GRANTED REQUEST RECOMMENDATION FY 21-22 FY 22-23 Athlete Recovery TBD - In -kind Marketing - In -kind Marketing - In -kind Marketing Fund - Pump Track - Support Costs - Support Costs - Support Costs - Use of Pump Track - Use of Pump Track - Use of Pump Track JDS Creative April 2023 - In -kind Marketing - In -kind Marketing - In -kind Marketing Academy - Support Costs - Support Costs - Support Costs Digifest Temecula - Use of Conf. Center - Use of Conf. Center - Use of Conf. Center (Rescinded their TBD Not Applicable - In -kind Marketing (Rescinded their application) New Applicant - Support Costs application) High Plateau Prod. - Use of The Merc Singer -Songwriter Show Cases Old Town October 2022 - In -kind Marketing - In -kind Marketing - In -kind Marketing Quilt Show - Support Costs - Support Costs - Support Costs - Use of Conf. Center - Use of Conf. Center - Use of Conf. Center - $1,700 Cash - $1,700 Cash Reality Rally May 2023 - In -kind Marketing $5,000 Cash - In -kind Marketing - Support Costs - In -kind Marketing - Support Costs - Use of Conf. Center - Support Costs - Use of Conf. Center - Use of Conf. Center Tedx Temecula September $2,500 Cash $2,500 Cash $2,500 Cash 2023 - To Cover Theater - To Cover Theater - To Cover Theater Rental Cost Rental Cost Rental Cost - In -kind Marketing - In -kind Marketing - In -kind Marketing Veterans of Foreign TBD Not Applicable Wars (VFW) 4089 New Applicant - In -kind Marketing - In -kind Marketing Old Town October 2022 $4,000 Cash $4,000 Cash $4,000 Cash Gunfighters * UNPAID - event canceled Western Days due to COVID restrictions. SPECIAL EVENTS (TCSD) CASH $ 6,500 *4k unpaid $ 13,200 $ 8,200 PARTNERS (ED) CASH S 310,500 $ 318,500 $ 310,500 - TOTAL $ 316,500 $ 331,700 $ 318,700 NOTE: 15 Applications: - 4 Year-round Partners: EDC, IE Film Services, JDS Creative Academy, SBDC - 2 Year-round Partner Agreements: TVCC, VTV - 9 Special Events: TVBWF, Pump Track Series, DigiFest, Show Cases, Quilt Show, Reality Rally, TEDx, VFW, Western Days 2 of 2