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HomeMy WebLinkAbout40-City Administrator (2) CI,. " OF SAN BERNARDI....D - REQUE..... r FOR COUNCIL AC1 .4N From: James C. Richardson, Deputy City Su~Kt: Approval of Convention and Visitor Administrator - Development Serv.' s Bureau (CVB) Plan of Action and Dept: Administration Appointment of Board of Directors Date: October 11, 1988 ~I.{J -.y''(j Synopsis of Previous Council action: 9/8/88 The Mayor and Common Council referred the matter of a CVB to Ways & Means Committee and Steering Committee members were invited to attend. 10/10/88 The Ways and Means Committee of the Common Council reviewed and endorsed the CVB plan of action and recommended members for the CVB Board. Recommended motion: 1. That the 18-month plan of action for the Convention Visitor Bureau (CVB) be approved, to include funding of $28,920 appropriated from the General Fund Operating Contingency, $10,000 appropriated from the Parking & Business Improvement Fund balance, $10,000 applied for from the CDBG Appropriated Reserve Account and recognize $3,060 of in-kind services form the SBACC, and 2. That Pat Caffery, Laurie Aldern, David Porter, Terri O'Connor, Ann Harris, Alfredo Gonzalez and Bob Spivacke be appointed as members and Jim Richardson and Director of CVB be appointed as ex-officio members of the Board of Directors of the CVB. ~.~ Contact person: James C. Richardson, Deputy City Phone: Administrator - Development Serv.'s Supporting data attached: Staff Report Ward: 5270 City-Wide FUNDING REQUIREMENTS: Amount: $66.980 in 1988-89 $15,000-RDAi Improvement Council Notes: Source: Acct. No. General Fund 001 Improvemen t s Fund ~ 1>" 0 3" 0 _ Acct. Descri tion 28 920 _ 0 {I D'f Ob ContingencYi $10,000-CDBGi $3,060~B~CC\I~ind~vices $10.000 Parkin9 & Business Finance:~~ ~ Fund ., \ l:lO 98 \~{)\Wf <- .",""t\~ _'Q.~]1 · ~:1 Q "" \01 75.0262 Agenda Item No. 4tJ CI.... OF SAN BERNARDI~_') - REQUEl ~. FOR COUNCIL ACT.. IN STAFF REPORT At the September 8, 1988, meeting of the Mayor and Common Council, a request from the San Bernardino Area Chamber of Commerce (SBACC) for approval of a Convention and visitor's Bureau (CVB) was considered and referred to the Ways and Means Committee. The CVB Steering Committee was invited to attend the Ways & Means Committee, as requested and a reconstituted subcommittee was charged with developing a work plan and the identification of funding sources. Several meetings were held of the CVB Subcommittee and a final report was prepared on October 3, 1988 by Chairman David Porter. The subcommittee report is a part of the minutes of the 10/10/88 Ways and Means Committee meeting minutes. This report provides a detailed plan of action setting forth goals and objectives, a work plan, proposed timelines, suggested names for a board of directors, the economic impacts and funding sources for the 1988-89 and 1989-90 budget years. Additionally, a 9/16/88 letter of support from the "Thursday Morning Group" and a 10/10/88 list of in kind contributions for CVB from the San Bernardino Area Chamber of Commerce. During the October 10, 1988, meeting of the Ways and Means Committee, the goals, economic data, CVB board membership and funding sources were thoroughly reviewed. The Ways and Means Committee unanimously endorsed the CVB plan of action and made nominations for membership of the Board of Directors. Additionally, the Ways and Means Committee asked to review the By Laws of the CVB Board of Directors and asked Deputy City Administrator, Jim Richardson, to assist the Board in their organizational efforts. Subsequently, the Acting City Administrator asked that the reasoning behind the funding sources be identified as outlined below: Funding Source Amount 1988-89 1989-90 Reasoning General $28,920 $100,000 The transient occupancy tax (TOT) of approxi- mately $1,000,000 is derived from a 8% tax on hotel/ motel gross receipts and the CVB proposal would return a portion of the TOT to the industry. Redevelopment Agency $15,000 $ 30,000 The Convention Center and most of the hotels/ motels are located in RDA project areas and funding would be used to promote and expand the economic growth of the tourism industry. 75-0264 . Request for Council Action CVB Plan of Action and Appointment of Board of Directors October 11, 1988 Page 2 Funding Source Amount 1988-89 1989-90 Parking & Business Improvement Fund $10,000 Community Development Block Grant (CDBG) $10,000 Convention Center Gross Receipts Tax Cable TV (CATV) $ 20,000 $ 7,500 $ 8,000 Reasoninq This fund will used to promote general retail activities in the district which includes much of the central business district that will directly benefit from increased tourism activities. One of the objectives of the CDBG program is economic opportunities for low and moderate income groups to be a primary benefactor for the hotel/motel and food industries, thereby, fostering job and economic opportunities. By agreement with the Maruko, the City is to receive a 1% of gross receipts for convention center from $1,500,000 to $2,000,000 and 2% of receipts above $2,000,000 each year, which are proposed to be spent for promotional activities of the CVB. The city's CATV opera- tion would produce a CVB video/slide presentation which would be provided on an in-kind basis. . Request for Council Action CVB Plan of Action and Appointment of Board of Directors October 11, 1988 Page 3 Funding Source Amount 1988-89 1989-90 Reasoning SBACC/CVB Memberships $ 3,060 $ 11,790 In-kind services for rent and utilities has been proposed by the Chamber of Commerce (SBACC) plus donations and membership fees for hotels, motels and restaurants will show a commitment from the private sector, which should grow in future years. TOTAL $66,980 $183,410 Combined 18 months total of $250,390 for all sources. The above noted revenues $250,390 ($235,540 with private sector sources deducted) compares favorably with $235,000 in direct and indirect revenues for the CVB program. Thus, in 18 months a successful CVB program could realize nearly a complete (99.8') return on investment (ROI) for the public sector funding. This ROI factor is regarded as conservative when the full economic impact to the private sector is considered as follows: Source Economic Impact TOT $ 1,125,000 $ 2,000,000 city Sales Tax Multiplier ("rollover" ) factor 12,500,000 Full Economic Impact $15,625,000 Thus, the "ROI" of $15.6 million in full economic impacts is many times greater than the direct costs outlined. The CVB proposal has been well documented and represents a unique opportunity for a joint partnership between the public and private sectors. The CVB proposal is recommended for approval by the Mayor and Common Council. The approval of a plan of action and appointment of a . Request for Council Action CVB Plan of Action and Appointment of Board of Directors October 11, 1988 Page 4 board of directors are the first steps in initiating the CVB. At a future date, a contract for services will need to be prepared once the CVB Board of Directors has been established. Additionally, as discussed at the 10/10/88 Ways and Means Committee meeting, the CVB will need to maintain its independence of the Chamber of Commerce while being accountable to the City of San Bernardino through periodic reporting on the progress of stated goals. .~ S C. RICHARDSON, eputy City Administrator- Development Services mtb