HomeMy WebLinkAbout041018 Economic Development Committee Action Minutes ACTION MINUTES
ECONOMIC DEVELOPMENT COMMITTEE
CONFERENCE CENTER
41000 MAIN STREET
TEMECULA, CALIFORNIA
TUESDAY, APRIL 10, 2018
4:00 PM
CALL TO ORDER: The meeting was called to order at 4:04 PM
ROLL CALL: Council Member Jeff Comerchero and Council Member Maryann Edwards
STAFF PRESENT: Greg Butler, Assistant City Manager
Jennifer Hennessy, Director of Finance
Christine Damko, Economic Development Analyst
Kisa Puckett, Economic Development Analyst
Courtney Fletcher, Administrative Assistant
PUBLIC COMMENTS
Diane Strand - Spoke in support of JDS Creative Academy and Digifest
Brian Connors - Spoke in support of the Temecula Valley Chamber of
Commerce.
Alice Sullivan - Spoke in support of the Temecula Valley Chamber of
Commerce.
Gillian Larson — Spoke in support for Reality Rally.
Kim Gerrish — Spoke in support of Michelle's Place Walk of Hope.
Mark Katan — Spoke in support of Temecula Education Foundation
events: Touch-A-Truck and Taste of Temecula Valley.
COMMITTEE BUSINESS
1) Review and Finalize Economic Development Sponsorship Application Funding for
FY 18-19
• The Committee was supportive of staff recommendations for funding,
and sponsorship agreements with all of the applicants.
2) All funding requests were approved with the following additional requirements:
• Visit Temecula Valley will enter into a 3-year agreement with
evaluation after 1-year.
• Temecula Valley Chamber of Commerce will enter into a 5-year
agreement with evaluation after 1-year.
o Years 1-2 will be awarded $175,000.00
o Years 3-5 will be awarded $200,000.00
• Temecula Valley Balloon and Wine Festival will submit to a Yellow
Book audit after 2018 event.
ADJOURNMENT: The meeting officially adjourned at 5:01 PM
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