AGENDA CAPTION:
Title
Consider approval of Resolution 2020-06R, authorizing funding in the amount of $50,000 for marketing and promotion of the Go Wheels Up event at the San Marcos Regional Airport organized by Go Wheels Up Texas, LLC; authorizing the City Manager or his designee to execute an amendment to the special event agreement between the City and Go Wheels Up Texas, LLC detailing the use of the funds to promote tourism in the City; and declaring an effective date.
Body
Meeting date: January 7, 2020
Department: Finance-Heather Hurlbert, Finance Director
Amount & Source of Funding
Funds Required: $50,000
Account Number: 12024290.52075
Funds Available: $62,000
Account Name: Prior Year Funds-Sports Tourism
Fiscal Note:
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Background Information:
In May 2019 Go Wheels Up, LLC held the Go Wheels Up event at the San Marcos Airport. The event includes an airshow, car show, food festival and music festival. The City entered into a Special Event Agreement authorizing the promoter to use a defined portion of the San Marcos Regional Airport property to hold the festival in May of each year from 2019 to 2023. The first year of the festival was not as successful as anticipated, but the promoter anticipates that attendance will increase each year as the festival becomes more well-...
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