DATE: June 12, 2018
SUBJECT:
Title
RESOLUTION AUTHORIZING AN AGREEMENT WITH THE SAN DIEGO SYMPHONY ORCHESTRA ASSOCIATION FOR SPONSORSHIP OF THE 2018 BAYSIDE SUMMER NIGHTS CONCERT SERIES IN A NOT-TO-EXCEED AMOUNT OF $265,842 IN DISTRICT SERVICES. ALL FUNDS REQUIRED FOR FY2019 WILL BE BUDGETED IN THAT FISCAL YEAR, SUBJECT TO BOARD APPROVAL UPON ADOPTION OF THAT FISCAL YEAR'S BUDGET
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EXECUTIVE SUMMARY:
At its April 10, 2018 meeting, the Board of Port Commissioners approved a line item budget for the FY19 Port of San Diego Tidelands Activation Program, authorizing staff to develop agreements with applicant organizations for the District sponsorship of 66 special events on or adjacent to District tidelands. Under the FY19 Tidelands Activation Program, the San Diego Symphony was awarded $265,842 in waived fees for District services for its Bayside Summer Nights concert series. As the amount of this District sponsorship exceeds the $175,000 threshold for service agreements that may be approved at the staff level, Board approval is required for this proposed agreement.
RECOMMENDATION:
Recommendation
Adopt a resolution authorizing an agreement with the San Diego Symphony Orchestra Association, a nonprofit organization, for sponsorship of the 2018 Bayside Summer Nights concert series in a not-to-exceed amount of $265,842 in District services.
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FISCAL IMPACT:
The $265,842 in District services for this sponsorship consists of waived fees for use of District facilities and services, which will be tracked and accounted for throughout the year.
COMPASS STRATEGIC GOALS:
The Tidelands Activation Program, and specifically the sponsorship of the San Diego Symphony Bayside Summer Nights concert series, attracts visitors to the waterfront, and continues to provide a popular entertainment offering to the public while generating incremental revenue to District tenant businesses. This agenda item supports the following Strategic Goal(s).
* A Port that the public ...
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