HomeMy WebLinkAbout2023-799-12.18.2023Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, 319-291-4323.
RESOLUTION NO. 2023-799
RESOLUTION APPROVING NINE FY 2024 QUARTER 3 AND
QUARTER 4 EVENT/CAPITAL HOTEL -MOTEL TAX GRANT
FUNDS, WITH ONE ADDITIONAL CAPITAL GRANT, IN THE
AMOUNT OF $90,400.00, AS RECOMMENDED BY THE
WATERLOO CONVENTION AND VISITORS BUREAU
BOARD OF DIRECTORS.
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:
FYQ3 & Q4 Hotel -Motel Balance
FYQ3 & Q4 Hotel -Motel Grants
S90,400
Total Available:
S93,800
Total Recommended:
Event
-
Date
&
Location
Economic
Request
Request
Impact
ROI
TOTAL
$5,393,386
$90,400
$1,000
SHIPHT
(event
March 28 30,
g
UNI &WCC
$180.213
$3,000
$60.07
o)l
2024
Senior Softball
(event
May 16-18,
Hoing-Rice
$613,094
$2,400
$255.46
pool)
2024
Softball
Blue Suede
(event
May 3-5, 2024
ga
1
WCC
$176.705
$3,000
$58.90
Memories
pool)
CV Classic
(event
January 26 28,
g
WCC
$279,746
$5,000
$55.95
pool)
2024
Ebonite Bowling
event
February 23-
@
Cadillac XBC
$201,406
$6,000
$33.57
pool)
25, 2024
VGM Heartland
event
June 10-12,
@
WCC
$1,432,745
$20,000
$71.64
pool)
2024
FIRST Robotics
event
March 20-23,
@
UNI
$1,373,697
$5,000
$274.74
pool)
2024
My Waterloo Days
event
June 7-9, 2024
@a
Lincoln Park 4
$1,135,780
$6,000
$189.30
pool)
Pool & Dart
event
Feb & March
@a
WCC
$968,856
$20,000
$48.44
pool)
Experience
(capital
Communal Event Infrastructure
-
$0
$20,000
$0.00
Waterloo
pool)
Fencing
PASSED AND ADOPTED this 18th day of December 2023.
Que �(�•
N nr DIGITALLY
/ LI,UG SIGNED
Quentin Hart, Mayor
ATTEST:
7(elley Felchle
Kelley Felchle, City Clerk
SEAL