DEPARTMENT: Convention & Sports Facilities
DEPARTMENT HEAD: Patricia Muzquiz-Cantor
COUNCIL DISTRICTS IMPACTED: Council District 2
SUBJECT: Local Contribution related to Events Trust Fund
SUMMARY:
An Ordinance authorizing submission of a local contribution in the amount of $30,180.00 to the Office of the Texas Governor in anticipation of reimbursement up to $218,800.00 from the Events Trust Fund for the 2018 U.S. Army All-American Bowl held at the Alamodome. This Ordinance authorizes $30,180.00 from the Convention & Sports Facilities (CSF) State Reimbursement Fund to be used for the local contribution and authorizes reimbursement of up to $134,150.00 in event expenses to Sportslink - The Game, LLC ("Sportslink) from the Events Trust Fund award.
BACKGROUND INFORMATION:
Sportslink established the annual All-American Bowl in 2000, and celebrated its 15th anniversary at the Alamodome in 2018. With the United States Army as the title sponsor, the All-American Bowl is the nation's premier high school national all-star football game featuring over 90 of the top senior football players across the country. Attendance at this year's game on January 6th, 2018 was 26,576. As an element of the execution of the 2015-2020 U.S. Army All-American Bowl Multi-Year Lease Agreement, the City purchased Astroturf Game Day Grass in the aggregate amount of $125,000, with the intention that such cost be offset by a recovery from the Events Trust Fund. The outstanding Turf Recovery Fee balance is $54,470.00.
The Events Trust Fund Program created through statute, Vernon's Texas Civil Statutes 5190.14, provides municipalities and counties the opportunity to obtain reimbursement for eligible expenses related to hosting and attracting high-visibility, high-tax impact events to the State of Texas that could otherwise have taken place outside of the state. Events Trust Funds may be utilized to pay for eligible expenses ...
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