SUBJECT: Resolution
Title
A Resolution of The Town of Erie, Colorado Authorizing The Town of Erie oo Increase Sponsorship Support for the Colorado National Golf Course Fireworks Display to be Held on July 3, 2017; And Setting Forth Details In Relation Thereto.
Body
DEPARTMENT: Administration
PRESENTER: Fred Diehl, Assistant to the Town Administrator
FISCAL INFORMATION:
Cost as Recommended: $25,000.00
Balance Available: $5,000.00
Budget Line Item Number: 100-10-110-575140-000000
New Appropriation Required: Yes
STAFF RECOMMENDATION:
Recommendation
Approve Request to increase sponsorship support for the Colorado National Golf Course Fireworks Display to be held July 3, 2017.
End
SUMMARY AND BACKGROUND OF SUBJECT MATTER:
In the 2017 budget the Board of Trustees approved $5,000.00 in the legislative budget line item “Grants to Outside Agencies” for support of the Colorado National Golf Club fireworks display. Since the budget has been approved, Town staff have been approached by Colorado National Golf Club to request an increase in the amount of financial support the Town provides. Without additional funds, the July 3rd Extravaganza and the fireworks display is in jeopardy of being cancelled. It has been determined that if the Town will donate a total of $25,000.00, through the Grants to Community Organizations Program, the fireworks display can go on as planned.
Over the years the July 3rd Fireworks display, hosted by Colorado National Golf Club, has become a signature event in Erie, much like the Town Fair. Special events, hosted by community organizations provide an economic benefit to the Town when the visitors visit our local businesses and have a chance to experience all Erie has to offer.
After review of possible alternatives staff recommends the increased funding be provided to Colorado National Golf Club so the fireworks display can continue.
ATTACHMENTS: Grants to the Community Application
Resolution