Loading...
HomeMy WebLinkAbout2001-02-13 - AGENDA REPORTS - SBC SR CLASSIC GOLF FUNDING (2)CITY OF SANTA CLARITA AGENDA REPORT NEW BUSINESS City Manager Approval Item to be presented by: ikaviland DATE: February 13, 2001 SUBJECT: APPROVAL OF FUNDING FOR THE SBC SENIOR CLASSIC GOLF TOURNAMENT DEPARTMENT: City Manager's Office RECOMMENDED ACTION City Council approve the proposed expenditure in the amount of $50,000.00 for this year, pending approval of contractual agreement between the City of Santa Clarita and SBC Senior Classic (to be presented for Council review on Feb. 13, 2001). Transfer $50,000. contingency account 1240-7401 to account 1811-8110. 00 from City Council BACKGROUND_ The SBC Senior Classic is widely regarded as one of the premier stops on the Senior PGA Tour. This professional golf tour's inaugural event will be held at the Valencia Country Club March 5-11, 2001. The event is contracted with the Valencia Country Club for the next 5 years. The City of Santa Clarita is expected to host 60,000 to 80,000 spectators throughout the week of the golf tournament, the highest number of spectators expected during the weekend. The event will receive national broadcasting on CNBC. The SBC Senior Classic represents a great tourism product for our economy and will also create a great opportunity to present and welcome visitors to Santa Clarita (the Valencia Hyatt and the Valencia Hilton Gardens are sold out for the week of the tournament). ALTERNATIVE ACTIONq Determine another amount of funds to allocate for event. FI AL IMPACT We anticipate it will have a direct and indirect economic impact as a result of visitors. $50,000.00 is not currently budgeted and is requested from City Council contingency, tors 7401. 240- ATTR--- CST Proposed Budget Expenditures Agenda Item:_, Booth Design Street Banner Design AAA Flag & Banner -180 banners 5,000 Water Bottles Polo Shirts Other Promotional Materials IOf Wponanon--City Buses ($2,500/day for Saturday & Sunday) Sheriff's Services --4 deputies -10 hrs, 3 days Misc. Permit Fees ($50/deputy/hour + 6% liability) Advertising, photocopies, postage SBC SENIOR CLASSIC DONATION Booth Space Event tickets for the week (50) Other Accommodations: VIP Receptions & Access to Clubhouse Branding of Santa Clarita--on written materials, $ 3,500.00 $ 14,000.00 $ 2,250.00 $ 9,000.00 advertisements, and media coverage