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HomeMy WebLinkAbout2020-01-14 - AGENDA REPORTS - SCV AUTOMOBILE DEALERS ASSOC "SHOP LOCAL" PGM (2)Agenda Item: 9 DATE: January 14, 2020 SUBJECT: SANTA CLARITA VALLEY AUTOMOBILE DEALERS ASSOCIATION "SHOP LOCAL" PROGRAM DEPARTMENT: Community Development PRESENTER: Jason Crawford RECOMMENDED ACTION City Council: Approve an expenditure of $70,000 for a public/private partnership with the Santa Clarita Automobile Dealers Association to continue the "Shop Local" program for Fiscal Year 2019-20, per the Letter of Agreement. 2. Authorize the City Manager or designee to execute all contract documents and up to four annual renewal options, subject to City Attorney approval, not to exceed $70,000 in each fiscal year, contingent upon the appropriation of funds by the City Council in the annual budget for such fiscal year. BACKGROUND Automobile sales are a significant economic force for the City of Santa Clarita (City). In calendar year 2018, new motor vehicle sales represented 21.7% of the City's total sales tax revenue. That year, $7,036,337 in sales tax revenue was generated from new motor vehicle sales. At their meeting on October 28, 2014, the City Council approved a $60,000 contribution to a public/private partnership with the Santa Clarita Automobile Dealers Association to produce the Shop Local campaign. Due to the success of the initial partnership, subsequent contributions have continued annually at the $60,000 amount. Staff recommends continuing the Shop Local program and increasing the City contribution to $70,000 annually. The Shop Local program is an advertising campaign that shows local residents the economic benefits our community receives as a result of local purchases. Additionally, sales tax revenues generated locally are reinvested back into the community in the form of increased Page 1 public improvements and services. ALTERNATIVE ACTION Other action as determined by the City Council. FISCAL IMPACT As proposed, the Shop Local program will have a positive fiscal impact to the City by increasing overall auto sales and subsequent tax revenues to the City. Funds for this expenditure are budgeted in the account number 11301-5161.002 for Fiscal Year 2019-20. ATTACHMENTS Letter of Agreement Page 2 January 14, 2020 Santa Clarita Valley Automobile Dealers Association 23955 Creekside Road Santa Clarita, CA 91355 Letter of Agreement The City of Santa Clarita ("City") would like to enter into a Letter of Agreement ("Agreement") with the Santa Clarita Valley Automobile Dealers Association ("Association") for the annual Shop Local advertising partnership. 1. Scope of Work The Association will produce an annual Shop Local advertising campaign. 2. Compensation The City agrees to compensate Association seventy thousand dollars ($70,000.00) towards the advertisement costs. 3. Time Schedule Services to be provided in FY 2019-20. 4. Report Association to itemize how the money was spent in furtherance of the Shop Local campaign. City shall have the right to request such itemized report at its discretion. 5. Renewal May be extended for up to four annual renewals at City Council authorization, subject to annual budget allocations by the City Council. Witness the execution of this Agreement on the day and year first written above. For Association: I2 Print Name & Title Date Address City, State, Zip Code Phone Number For City: for City Manager Date Approved as to form: Burke, Williams & Sorensen Date