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Home My WebLink About040715 Economic Development Committee AgendaIn compliance with the Americans Disabilities Act, if you need special assistance to participate in this meeting, please contact the City Clerk's Department at 951-694-6444. Notification 48 hours prior to a meeting will enable the City to make reasonable arrangements to ensure accessibility to that meeting [28 CFR 35.102.35.104 ADA Title 11] MEETING NOTICE/AGENDA ECONOMIC DEVELOPMENT COMMITTEE GREAT OAK CONFERENCE ROOM 41000 MAIN STREET TEMECULA, CALIFORNIA TUESDAY, APRIL 7, 2015 4:00 PM CALL TO ORDER: ROLL CALL: Mayor Jeff Comerchero and Council Member Maryann Edwards PUBLIC COMMENTS a0000,100 14. A total of 15 minutes is provided so members of the public may address the Committee on items that are not listed on the agenda. Speakers are limited to three (3) minutes each. If you desire to speak to the Committee on an item not listed on the agenda, a "Request to Speak" form should be filled out and filed with the staff liaison. When you are called to speak, please come forward and state your name for the record. For all Public Hearing/Committee Business matters on the agenda, a "Request to Speak" form must be filed with the staff liaison prior to the Committee addressing that item. There is a five-minute (5) time limit for individual speakers. COMMITTEE BUSINESS 1. Review of Economic Development Sponsorship Applications for FY2015-2015 2. Rod Run Update ADJOURNMENT Rand oi, °son, City Clerk NOTICE TO THE PUBLIC The Agenda will be available for viewing, prior to the meeting, at the Main Reception at City Hall — 41000 Main Street, Temecula, 8:00 — 5:00 PM as well as on the City's website — xityoftemecula.org. Any staff report/written material pertaining to this meeting will be available, prior to the meeting, for public review at the Main Reception and at the respective meeting. Any Supplemental Material distributed to a majority of the Committee Members regarding any item on the Agenda, after the posting of the Agenda, will be available for public review at the Main Reception. In addition, such material will be made available for review at the respective meeting. If you have any questions regarding any item of business on the Agenda for this meeting, please contact City Hall — 951-694-6444. ECONOMIC DEVELOPMENT FY 2015-2016 SPONSORSHIP FUNDING REQUESTS PARTNERS (Agreement managed by Economic Development) ORGANIZATIONS Month/Year of Event Funding Requests Granted FY 2014-2015 Funding Requests FY 2015 - 2016 Staff Recommendation Temecula Valley Chamber of Commerce Year Round Partner $135,000 $135,000 $135,000 Temecula Valley Convention & Visitors Bureau (dba Visit Temecula Valley) (Aaron Adams to leave room and not be a part of discussion) Year Round Partner $50,000 $50,000 (Rack Brochure $32,500 Film Marketing $7,500 VT Gateway Tourism Branding Plan $10,000) $50,000 Temecula Valley Winegrowers Association Year Round Partner In -Kind Marketing Sponsor $25,000 In -Kind Marketing EDC of Southwest California Year Round Partner@ $0 (In -lieu of EDC Membership, City provide in-kind space TVE2, in-kind marketing and in-kind use of Conference Center for Economic $6,500 $6,500 (Foreign Affairs focus) ORGANIZATIONS Month/Year of Event Funding Requests Granted FY 2014 — 2015 Funding Requests FY 2015 - 2016 Staff Recommendation Development related special events) Inland Empire Small Business Development Center (IE SBDC) TVE2 Year Round Partner $2,500 $5,000 $2,500 lnSoCa1 CONNECT TVE2 i Year Round Partner $2,500 (To Jay Goth, Tri-Tech SBDC Consultant) $2,500 $2,500 (To Jay Goth, Tri-Tech SBDC Consultant) (No Application) Riverside County EDA — Team Riverside (partnership includes attendance atPartner ICSC San Diego, ICSC Vegas and MD&M Tradeshow) Year Round $16,000 $16,000 $16,000 2 PROPOSED SPECIAL EVENTS (Agreements Managed by Community Services Department) EVENTS Month/Year of Event/Location Funding Requests Granted FY 2014-2015 Funding Requests FY 2015-2016 Staff Recommendation Temecula Valley Foundation for Excellence in Education's "Taste of Temecula Valley" April 29-30, 2016 Old Town Support Costs & Use of Conference Center Support Costs & Use of Conference Center Support Costs & Use of Conference Center Temecula Greek Festival October 16- 18, 2015 Old Town Support Costs & Conference Center Support Costs, Permit Fee�In-Kind Marketing & Use of Conference Center No City Support TV Balloon & Wine Festival *Contract managed by ED May 2016 Lake Skinner Cash: $30,000 Temporary use of traffic safety signs and devices: $3,200 Cash: $35,000 and Temporary use of traffic safety signs and devices; and Use of Conference Center for volunteer training Cash: $30,000 and Temporary use of traffic safety signs/devices, and Use of Conference Center for volunteer training (2 times) Reality Rally April — 9, 2016 Old Town Support Costs and Use of Conference Center Cash: $10,000, Support Costs and Use of Conference Center Support Costs and Use of Conference Center 3 EVENTS Month/Year of Event/Location Funding Requests Granted FY 2014-2015 Funding Requests FY 2015-2016 Staff Recommendation Komen Race for the Cure October 18, 2015 Promenade Mall Cash: $22,500 & Support Costs Cash: $22,500 & Support Costs (including permit fees) Cash: $22,500 & Support Costs (cannot exempt permit fees) Salute to Heroes Charity Cycle and Glow Fest September 26, 2015 Old Town Support Costs Cash: $2,500, Permit fees, Support Costs, & Use of Conference Center No City Support TEDx Temecula October 30-31, 2015 Old Town In -Kind Marketing/Use of Conference Center In -Kind Marketing/Use of Theater co-promotion/support up to $3,0O0 to cover theater expenses not recovered by ticket sales Off Road Nights August 8, 2015 Old Town Support Costs $25,000 Support Costs No City Support Tough Mudder SoCal October 31 — November 1, 2015 Vail Lake New Event $10,000 In -Kind Marketing No City Support - recommend they work with Visit Temecula Valley for hotel stays this year and partner with local non-profit, reapply for ED Sponsorship next year Old Town Temecula Grand Prix and Health Fair April 17, 2016 Old Town New Event Support Costs & In - Kind Marketing Costs No City Support 4 EVENTS Month/Year of Event/Location Funding Requests Granted FY 2014-2015 Funding Requests FY 2015-2016 Staff Recommendation Funding Requests Staff Recommendation FY Granted 2015-2016 FY 2014-2015 TOTAL Cash Granted: Cash Recommendation: $268,000 $268,000 5