DATE: November 5, 2019
SUBJECT:
Title
RESOLUTION AUTHORIZING A SPONSORSHIP AGREEMENT WITH H.P. PURDON & COMPANY RELATED TO THE 2020 PORT OF SAN DIEGO JULY 4TH BIG BAY BOOM FIREWORKS SHOW IN AN AMOUNT NOT TO EXCEED $190,000 IN FUNDING AND UP TO $140,000 IN DISTRICT SERVICES; FY20 EXPENDITURES ARE BUDGETED.
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EXECUTIVE SUMMARY:
The purpose of this agenda item is to request that the Board adopt a resolution authorizing the District to enter into an agreement with H.P. Purdon & Company, Inc., dba Big Bay Boom (H.P. Purdon) for the "Port of San Diego Big Bay Boom July 4th Fireworks Show" (Agreement). Under this Agreement, the District is the title sponsor of the 2020 July 4th Big Bay Boom Fireworks Show (Big Bay Boom), will receive certain promotional benefits, and, in exchange, will provide funding in the amount of $190,000 and waived services fees not to exceed $140,000, for a total of $330,000. H.P. Purdon will be required to conform in full with Article 14 of the San Diego Unified Port District Code, Fireworks Display Ordinance (District Fireworks Ordinance), including submitting an application for a permit to conduct fireworks display events pursuant to the District Fireworks Ordinance.
RECOMMENDATION:
Recommendation
Adopt a resolution authorizing a sponsorship agreement with H.P. Purdon & Company, Inc. for sponsorship of the Port of San Diego Big Bay Boom July 4th Fireworks Show (Big Bay Boom) in 2020 (Attachment A), in an amount not to exceed $190,000 in funding and up to $140,000 in District services; FY20 expenditures are budgeted.
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FISCAL IMPACT:[h1]
Funds for this major event sponsorship of $190,000 are budgeted in the Waterfront Arts & Activation department's FY20 non-personnel expense budget. Waiver of the proposed $140,000 District services and facilities fees are anticipated to occur during FY21 and will be included in that year's budget, subject to Board approval upon adoption of the budget.
COMPASS STRATEGIC GOALS:[h2]
The Big ...
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