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HomeMy WebLinkAboutFiscal Year 2015 - 2016 - Miscellaneous Event Sponsorship ExpendituresCITY OF PALM DESERT SPECIAL PROGRAMS DEPARTMENT STAFF REPORT REQUEST: Approval of Miscellaneous Event Sponsorship Expenditures for FY 2015/16 SUBMITTED BY: Amy Lawrence, Administrative Secretary DATE: September 10, 2015 CONTENTS: None Recommendation By Minute Motion, approve the following event sponsorship expenditures for FY 2015/16: 1. YMCA Y-Be-Fit Palm Desert Challenge sponsorship in the amount of $10,000 payable to the Family YMCA of the Desert: 2. YMCA Y-Be-Fit Palm Desert Challenge sponsorship in an amount not to exceed $15,000 payable to various vendors; 3. Senior Inspiration Awards sponsorship in an amount not to exceed $2,500 payable to Riverside County Foundation on Aging; 4. International Sports Festival sponsorship in an amount not to exceed $26,000 payable to the Desert Recreation District; 5. Modernism Week sponsorship in an amount not to exceed $5,000 payable to Modernism Week; 6. Restaurant Week in an amount not to exceed $2,500 payable to Palm Springs Desert Resorts Restaurant Association (PSDRRA, Inc.); and 7. Authorize expenditures for each sponsorship from Account No. 1104416- 4306201. Discussion As part of the City's FY 2015/16 budget, City Council approved the following community event sponsorships: Sponsorship Amount Y-Be-Fit Palm Desert Challenge $25,000 Senior Inspiration Awards $2,500 International Sports Festival $26,000 Modernism Week $5,000 Restaurant Week $2,500 STAFF REPORT MISCELLANEOUS EVENT SPONSORSHIP EXPENDITURES FOR FY 2015/16 SEPTEMBER 10, 2015 PAGE 2 Although these sponsorships were approved as part of the recent budget, additional City Council approval is required to process the expenditures for each. Fiscal Analysis Funding for these event sponsorships was included as part of the FY 2015/2016 budget; therefore, there will be no additional impact to the General Fund. Funds are available in Account No. 1104416-4306201. Submitted By: my Li9rence, Administrative Secretary Reviewed By: �4� Fran ie R'ddle, Director of Special Programs azalx�z� Paul S. Gibson, Director of Finance xl�lela �� Rudy A6,osta, Assistant City Manager Approval: