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HomeMy WebLinkAbout5A - PL Chamber Donation STAFF AGENDA REPORT DATE: :~ BOYLES, CITY MANAGE~"\ \ PRIOR LAKE CHAMBER OF COMME DONATION OF $2,700. JULY 17, 1995 AGENDA #: PREPARED BY: SUBJECT: BACKGROUND: The City of Prior Lake agreed to provide three years of funding assistance to the Chamber of Commerce of up to $10,000 per year. The purpose of the funding was to allow the chamber to hire a part time Executive Director in hopes that the Chamber would become revitalized. The understanding of the contribution was that it was "seed" money, and that over time the Chamber would enhance its efforts to raise revenues in order that the city's contribution could be lowered. Consistent with this objective, the Chamber will be presenting a check to the Mayor in the amount of $2700 which is money generated from last year's Lakefront Days raffle. It is my recommendation that the city use a portion of this money to pay for the Biffs, tent rental, utilities and media advertising associated with Lakefront Days. For last year's Lakefront Days this would have totaled about $1800. This still leaves $900 which the city can use for whatever purpose it desires. It is the Chamber's hope that in the coming years the raffle will generate additional funds to cover all costs of Lakefront Days. At that point it may be possible to create a new organization represented by each service club in the comm unity w hose sole responsibility would be to plan, organize, fund and supervise the Lakefront Days event. Kate Haggerty and Kevin Von Bank will be present to make the presentation to the City Council. AG717952.DOC 16200 Eagle Creek Ave., Prior Lake, Minnesota 55372-1714 / Ph. (612) 447-4230 / Fax (612) 447-4245 AN EQUAL OPPORTUI\ITY EMPLOYER