Title
a. Receive a presentation and request for funding in the amount of $70,000 from Salinas Valley Tourism & Visitors Bureau, as recommended by the Economic Opportunity Administrative Subcommittee, and
b. Consider potential funding options.
Report
RECOMMENDATION:
It is recommended that the Monterey County Board of Supervisors:
a. Receive a presentation and request for funding in the amount of $70,000 from Salinas Valley Tourism & Visitors Bureau (SVT&VB), as recommended by the Economic Opportunity Administrative Subcommittee, and
b. Consider potential funding options.
SUMMARY:
Under the Development Set-Aside (DSA) Program, the Economic Opportunity Administrative Subcommittee (the Subcommittee) is tasked with developing recommendations in response to requests for funding from interested organizations. The SVT&VB is requesting $70,000 to implement a Salinas Valley Tourism Attraction Program.
DISCUSSION:
On June 23, 2014, the Subcommittee unanimously passed a motion approving DSA funding for the SVT&VB on condition that the SVT&VB: (1) provide Economic Development Department staff with a copy of documents demonstrating financial status and (2) provide Economic Development Department staff with a work plan detailing how it would use the $70,000 in funding. SVT&VB has met these conditions. The Subcommittee further recommended that the Board of Supervisors consider funding SVT&VB in an amount up to $70,000 for the 2014-15 fiscal year and, thereafter, consider designating the SVT&VB as a Development Set-Aside agency which would receive ongoing funding. The Subcommittee directed Economic Development Department staff to forward the SVT&VB's request to the Board of Supervisors for funding consideration.
The SVT&VB funding request, if granted, would be used to provide operational support for the California Welcome Center, located in Salinas. It would also be used as first year seed funding to implement the Salinas Valley Tourism Attraction Progra...
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