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HomeMy WebLinkAbout2020-351-5/18/2020Prepared by LeAnn M. Even, Deputy Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2020-351 RESOLUTION APPROVING EXPERIENCE WATERLOO (CVB) BOARD RECOMMENDATIONS FOR FUNDING IN THE EVENT/CAPITAL HOTEL-MOTEL TAX GRANT FUNDS FOR FY21. BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, that the Convention & Visitors Bureau Board’s recommendations for FY 2020 funding, for fourteen (14) applications in the total amount of $186,267.00, are hereby approved. BE IT FURTHER RESOLVED, that if the events are not able to be held due to COVID- 19, the funds will not be available to the event hosts. If there are material changed to their event, including change in orientation resulting in minimal hotel overnights, i.e. an event goes “virtual”, the event will not be eligible for this funding. Any unused funds will go back into the hotel- motel reserve fund, to be used for mini-grant applications or other tourism-related uses deemed necessary by the City of Waterloo. PASSED AND ADOPTED this 18th day of May 2020. ___________________________________ Quentin Hart, Mayor ATTEST: _______________________________ Kelley Felchle City Clerk