HomeMy WebLinkAbout2023-298-05.01.2023Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, 319-291-4323.
RESOLUTION NO. 2023-298
RESOLUTION APPROVING THE WATERLOO CONVENTION
AND VISITOR BUREAU BOARD RECOMMENDATION OF
AWARDING $184,000.00 FOR ELEVEN (11) HOTEL -MOTEL
EVENTS OCCURRING IN QUARTER 1 AND QUARTER 2 OF
FY2024.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA,
that the Waterloo Convention and Visitors Bureau Board's recommendation for eleven (11)
events for FY 2024 1st and 2nd quarters, in the amount of $184,000.00, are hereby approved as
follows:
FY24 GRANTS Q1 & Q2
TOTAL EVENT GRANT R ECOMMENDATIONS: $101,000
TOTAL PROJECTED ECONOMICIMPACT: $6,699,061
TOTAL H/M FUND BALANCE BEFORE 01 & 02: $200,283
Event Grants
Ebonite Fall Bowling
Gbdiflac X6G September15-16, 2O23
Iowa Irishfest
Downtown Waterloo, August2-62O23
Midwest Main Youth Event
CodToc XBC, Ociober6-8,2023
Trago/Thesz Pro Hall of Fame
Doe Gable Muesurrg1Carnrnfion Center, .hdy20-22,2023
Cedar Valley Pridefest 2023
REQUEST AMOUNT
$5,000
$152,097
RETURN art INVESTMENT
RECOBOARD
MMENDATION
$32.42
$4,500
REQUEST AMOUNT
a '
$2,638,837
RETURN ON INVESTMENT
RECOMMENDATION
$20,000
$131.94
$20,000
REQUEST AMOUNT
rINDrECIMmPAEc�anaMlc
5132.024
RETURN ON INVESTMENT
BOARD
RECOMMENDATION
$10,000
$18.20
$6,50O
IiEQl1E4TAM0LIjF
PROJECTED [WHOM ICDAPACI
RETURN ON INVESTMENTRECOM
BOARD
T ON
$12,500
$454,370
$36.35
$12,500
REQUEST AMOUNT
$693,303
RETURN ON INVESTMENT
REcoMmErtoanDN
Jefferson St W 411rst: August 25-26,2023 $7,500
$92.44
$7,500
Iowa Recyding & Solid Waste
Management Conference
WateriooCorneobimtCenter, Octoberg-4,2023
REQUEST AMOUNT
RETURN ON INVESTMENT
BOARD
RECOMMENDATION
$20,00.0
$458,485
$22.92
$12,000
March Against the Darkness Weekend
Waterloo Convention Center & Young Arena, July 7-8,2023
REQUEST AMOUNT
$6,000
PRO ECTE
IIM ACTECO
$376,974
RETURN CN INVESTMENT
BOARD
RECOMMENDATION
$62.83
$5,500
Cedar Valley Citywide Reunion
Downtown Waterloo, August l0-13, 2023
REQUEST AMOUNTPIE°g®��
$20,000
RETURN ON INVESTMENT
BOARD
RECOMMENDATION
$299,659
$376,085
$14.98
$5,500
31st Midwest Regional Show Ski
Tournament
Eogle Luke, July 28-30,2023
REQUEST AMOUNT
$10,060
RETURN ON INVESTMENT
BOARD
RECOMMENDATION
$37.61
$4,500
Battle of Waterloo
Young Areno/DanGable Museum December14-.16,2O23
REQUEST AMOUNT
P •IMPACT
$484,108
RETURN ON INVESTMENT
BOARD
RCOM M oAnON
$15,000
$32.27
515,000
PWBA Championship Series
Cadillac XBCAugust 8-15,2O23
REQUEST AMOUNT
$10,000
PeotE Ecanoe�c IMP
RETURN ON INVESTMENT
BOARD
RECOMMEMATCN
$573,119
$57.31
$7,500
PROIECIMP �ONOMfC
RETURN ON INVESTMENT
RECOBOARD
MMENDATION
Grout Muesum District (Partner)
REQUESTED AMOUNT
$ 23,000
$ 0.00
S23,000
Waterloo Playhouse [Partner]
REQUESTED AMOUNT
$8,000
PRO)ECTE
IM BCOtJOMIC PACT
REURNON INVESTMENT
BOARD
RECOMMENDATION
$0.00
$8,DOO
Waterloo Center for the Art (Partner)
REQUESTED AMOUNTPRoJECNIM
$ 23,000
IONIC ACT
RETURN ON INVESTM ENT
BOA
RECOMME811
$ 0.00
$2 3,000
CV Arboretum (Partner)
REQUESTED AMOUNT
PRO ECIMp l0Ii ACT
RETURN ON INVSE TMEM
BOARD
RECOMMENDATION
$8,000
$0.00
$8,000
MainStreet Waterloo (Partner)
REQUESTED AMOUNTPROJECTED
IMPAACONOMICCT
RETURN ON INVESTMENT
BOARDRECOMMENDATION
$8,000
$0.00
$8,000
Gable Museum (Partner)
REQUESTED AMOUNT
EC
PROJECTEDIMPACT ONOMIC
IMPA
RETURN ON INVESTMENT
BOARD
RECOMMENDATION
$8,O00
$ 8,C 00
Eagle Lake Site Improvements (Cap
Grant)
REQUESTED AMOUNT
PROJECTED EC ONOM IC
IMPACT
RETURN ON INVESTMENT
BOARD
RECOMMENDATION
Engle Lake, Jrdy 2023 to December 2024
$ 20,000
$o.eo
PASSED AND ADOPTED this 1st day of May 2023.
Ray Feuss, Mayor Pro Tem
ATTEST:
7(elley Felchle
Kelley Felchle, City Clerk
SEAL