Consideration of Sponsorship and Assistance for the Culver City Exchange Club Car Show and IndieCade Events. City of Culver City California Agenda Item Report Item Number: A 2 No Phone Number: (310) 253 5764 (310) 253 5783 General Fund: Yes X No Attachments: X Meeting Date: 03/26/2012 CITY COUNCIL AGENDA ITEM: Consideration of Sponsorship and Assistance for the Culver City Exchange Club Car Show and IndieCade Events. Contact Person/Dept.: Jeremy Green/CDD Todd Tipton/CDD Fiscal Impact: Yes X Public Hearing: Action Item: Public Notification: The Exchange Club (03/13/12); Share our Strength (03/07/12); Creative Collaborative Media Inc. (03/13/12); Meetings and Agendas City Council (03/22/12). Department Approval: Sol Blumenfeld (03/22/12) Chief Financial Officer Approval: Jeff Muir (by N. Kimball) (03/22/12) RECOMMENDATION: Staff recommends the City Council consider in kind financial assistance and sponsorship designation for: City Attorney Approval: Carol Schwab (by H. Baker) (03/22/12) City Manager Approval: John Nachbar (03/22/12) a) b) The Culver City Exchange Club (Exchange Club) Car Show; and IndieCade produced by Creative Media Collaborative Inc. (CMC). BACKGROUND: On April 11 2011 the former Culver City Redevelopment Agency (CCRA) Board and the City Council approved a Special Event Sponsorship program and policy and a Notice of Funding Availability (NOFA) application for financial support of City and Agency sponsored special events that benefit the community and the economic development of the City. Due to the CCRA s dissolution on February 1 2012 pursuant to AB 1 X 26 the funding source for the Special Event Sponsorship program and NOFA was eliminated. During the February 13 2012 City Council meeting the Council determined that there were no alternative funding sources that could be used to fund this year s events. The City Manager recommended that staff investigate how the events could be assisted without adversely affecting the General Fund and return to th...
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