Leon Valley
TX

Resolution
17-010R

Discuss and Consider Possible Action on a Resolution Approving the Expenditure and Contribution of the Leon Valley Economic Development Corporation (LVEDC) funds in an Amount not to Exceed $20,000 to Co-Sponsor the City of Leon Valley 4th of July Festival and Fireworks Spectacular.

Information

Department:Economic DevelopmentSponsors:
Category:Presentation

Attachments

  1. Printout

Item Discussion

PURPOSE

 

To request sponsorship funds for the City Leon Valley’s 4th of July Festival and Fireworks Spectacular Event.

 

SEE LEON VALLEY

 

Social Equity - Is demonstrated by the City providing outstanding recreational amenities for residents and visitors to the 4th of July event and encourages collaborative participation by residents, businesses and stakeholders in a large-scale family friendly event honoring America’s Independence and Military.

 

Economic Development- The City’s festivals exhibit a distinctive and welcoming identity providing opportunities to market and brand the City for potential developers, businesses and/or residents.

 

Environmental Stewardship - Will be demonstrated by stakeholders’ onsite educating regarding recycling and sustainability.

 

FISCAL IMPACT

 

The 4th of July budget is $46,000

 

STRATEGIC GOALS

 

The initiative is specific to the Strategic Goal 1 "Economic Development" which encourages promoting the City and creating positive branding for the City.

 

Document Comments

RECOMMENDATION

 

Staff Recommends Approval  of This Resolution

 

Body

A RESOLUTION APPROVING THE EXPENDITURE OF THE LEON VALLEY ECONOMIC DEVELOPMENT CORPORATION’S (LVEDC) FUNDS IN AN AMOUNT NOT TO EXCEED $20,000 TO CO-SPONSOR THE CITY OF LEON VALLEY’S 4TH OF JULY FESTIVAL AND FIREWORKS SPECTACULAR.

 

WHEREAS, the City of Leon Valley’s 4th of July Festival and Fireworks Spectacular is an annual event; and

 

WHEREAS, the City of Leon Valley has requested an amount not to exceed $20,000 from the Leon Valley Economic Development Corporation (LVEDC) to co-sponsor the event; and

 

WHEREAS, it is the desire of the LVEDC to co-sponsor said event to support improvements to businesses which will improve sales tax generation and attract other businesses to the City; and

 

WHEREAS,              it is now the desire of the City Council to approve the expenditure of the Leon Valley Economic Development Corporation’s (LVEDC) funds in an amount not to exceed $20,000 to co-sponsor the City of Leon Valley’s 4th of July Festival and Fireworks Spectacular; NOW, THEREFORE,

 

BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LEON VALLEY, TEXAS:

 

Section 1. The expenditure of the Leon Valley Economic Development Corporation’s (LVEDC) funds in an amount not to exceed $20,000 to co-sponsor the City of Leon Valley’s 4th of July Festival and Fireworks Spectacular is hereby approved.

 

Section 2.              This Resolution shall become effective immediately upon passage by four (4) or more affirmative votes of the entire City Council; otherwise, said effective date shall be ten (10) days from the date of passage hereof.

 

 

Meeting History

Apr 4, 2017 7:00 PM  City Council Regular Meeting
RESULT:ADOPTED [UNANIMOUS]
MOVER:Monica Alcocer, Council Place 3
SECONDER:Benny Martinez, Council Place 4
AYES:David Jordan, David Edwards, Monica Alcocer, Benny Martinez

Discussion