To: Honorable Mayor and Members of Town Council
From: Kristin Zagurski, Senior Management Analyst
Title
Resolution: Approving the Service Contract Between the Town of Castle Rock and the Downtown Merchants Association
Body
________________________________________________________________________________
Executive Summary
Each year, the Town Council reviews requests from service organizations for funding their operations and/or community events and services.
The Downtown Merchants Association requested funding from the Town to provide:
• Free annual events for the public, including four Starlight Summer Movies, the Classic Rock Cruise in car show, Oktoberfest, two date night movies, a series of up to three concerts, a Broncos autograph event, Trick or Treat Street, Splash in the Park and a Community Partners Program,
• Staffing to support these events and program
The amount of the request is $55,600, which is included in the 2016 Budget. Actual administration of the contract will occur as per Council approval.
Discussion
The requested contribution would represent about 37 percent of the DMA’s total 2016 budgeted income. These funds generate economic activity, which supports Downtown businesses and generates sales tax. Additional DMA funding comes from vendors, sponsors and event sales.
Financial Impact
Funds would be disbursed from the General Fund Town Council budget in the amount of $55,600.
Staff Recommendation
Staff recommends that Council review the DMA’s request and determine the funding and service levels for the annual contract.
Proposed Motion
“I move to approve the resolution that approves the service contract between the Town of Castle Rock and the Downtown Merchants Association as presented.”
OR
“I move to direct staff to work with the Downtown Merchants Association to develop a service contract in the amount of ___ and providing services of ___ and bring that contract back for Council consideration.”
Attachments
Attachment A - Resolution
Attachment B - Service Contract