Loading...
HomeMy WebLinkAbout2025-665-11.17.2025.docDocusign Envelope ID: DA39AF30-5238-4302-A798-AC1707986064 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, 319-291-4323. RESOLUTION NO. 2025-665 RESOLUTION APPROVING ELEVEN (11) FY 2026 QUARTER 3 AND QUARTER 4 MINI -EVENT GRANTS, IN THE AMOUNT OF $108,500.00, 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) Mini -event grants for FY 2026 3rd and 4th quarters, in the amount of $108,500,000.00, are hereby approved as follows: Economic EVENT GRANTS - FY26 Q3/Q4 Recomm. Impact ROI Event Location Event Notes Ebonite Winter Classic $6,000 $707,692 $117.95 Maple Lanes The dollars through this grant process allow for this tournament to be successful, as the dollars are the entirety of the grant pool. FIRST Robotics Nearly 50 schools from around the US compete in a multi -day robotics $5,000 $851,987 $170.40 McLeod Center (CF) competition, filling hotel rooms throughout the Cedar Valley during our off- season. IOMA.State Pool Statewide pool tournament happening in the heart of Waterloo's off- $15,000 $827,348 $55.16 W'loo Con. Center season IOMAState Dart Statewide dart tournament happening in the heart of Waterloo's off- $15,000 $736,225 $49.08 W'loo Con. Center season Iowa High School State Bowlin€ $7,000 $451,961 $64.57 Maple Lanes Iowa State Seniors Bowling $5,000 $369,610 $73.92 Maple Lanes My Waterloo Days 26 $15,000 $1,055,318 $70.35 Lincoln Park This is the boys and girls high school state tournament. They happen on separate weekends, positively impacting off-season hotel stays This long-standing event has a great room night generation during a time of year where it is especially needed for hotel partners MWD is the unoffiical kick-off to summer and has grown to become a regional attracion thanks to the addition of national headliners to attract diverse crowds. NWCA National Duals This is a national collegiate wrestling tournament at the U N I -Dome fills $10,000 $1,683,385 $168.34 UNI-Dome (CF) room throughout the Cedar Valley & beyond. 50150 Tournament** $3,000 $311,068 $103.69 Cadillac Lanes Bowling tournaments are an important part of our off-season tourism ecosystem. This event consistently brings visitors to the area. VGM Heartland Conference This weekday conference brings hundreds of healthcare industry $20,000 $1,503,920 $75.20 W'loo Con. Center professionals from across the nation to downtown Waterloo TOTAL $1o1,000 $8,498,514 $86.24 ran o arswi Buse or sae : mu -use rum ..es as we as ie ox oaring or aci en ancemen a Iowa Woo Field Improvements $7,500 the Hippodrome at the National Cattle Congress grounds. These items would still be needed in the event of larger scale facility improvements. TOTAL $7M PASSED AND ADOPTED this 17th day of November 2024. DocuSigned by: Quentin art, Mayor ATTEST: ESigned by: WA, fat rAi60BC0[FBCG4.. Kelley Felchle, ty Clerk SEAL k IIA 0