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Item 6BItem 6.B Oktoberfest Event Community Events Participation Agreement Jill Cherry Marketing & Tourism Coordinator Economic Development Department 2 Introduction 3 Community Event Participation Policy Approved by City Council on October 21, 2008 Established criteria to evaluate applications for City participation in community events $50,000 was budgeted 4 Oktoberfest Event Application: Southlake Chamber of Commerce October 1st-3rd, 2010 in Southlake Town Square. Oktoberfest is a three day arts and crafts festival coordinated by the Southlake Chamber of Commerce. 5 Oktoberfest Event The application identifies the staffing and equipment necessary to support the event. The costs for staff & advertising efforts have been estimated and included in the totals. 6 Oktoberfest Event Southlake Chamber of Commerce will be required to provide a 50/50 match of contributions by the City. Request will be based on actual costs incurred, not to exceed $10,000.00 which is 50% of the estimated cost of $20,000.00. Responsible for incurring the cost for damage to any equipment should it occur during their use as well as all other cost related to the event. 7 Oktoberfest Event In accordance with the Council adopted Community Event Participation Policy Staff recommends approval of the Participation Agreement with the Southlake Chamber of Commerce for the 2010 Oktoberfest event, not to exceed $10,000.00 which is 50% of the estimated cost of $20,000.00. Questions? Jill Cherry (817) 748-8652