ACTION MINUTES
ECONOMIC DEVELOPMENT SUBCOMMITTEE
CONFERENCE CENTER
41000 MAIN STREET
TEMECULA, CALIFORNIA
MARCH 12,2024 -3:00 PM
CALL TO ORDER at 3:06 PM: Mayor James Stewart
ROLL CALL: Mayor James Stewart and Mayor Pro Tern Brenden Kalfus
PUBLIC COMMENTS -AGENDA ITEM
The following individual(s) addressed the Subcommittee on Business Item#1:
• Connie Stopher—Economic Development Coalition(EDC) • Dan Taylor and Linda Kai Gorman—Inland Empire Film Services • Diane Strand—JDS Creative Academy—Spirit of Innovation • Paul Nolta—Inland Empire Small Business Development Center(IESBDC) • Gary Oddi & Felicia Horton—Bike Temecula Valley—Cycle for Hope • Gari Oddi—Bike Temecula Valley—Halloween& Holiday Lights Bike Ride • Diane Strand—JDS Creative Academy—DigiFest Temecula • Amber Berky& Annie Bostre-Le—Michelle's Place- Walk of Hope • Tamara Kope—Valley of the Mist Quilters Guild
• Jonathan Montanez—TedX Temecula
• Jim Crosby—Temecula Valley Balloon& Wine Festival
SUBCOMMITTEE BUSINESS
1. Review Economic Development Sponsorship Applications for Fiscal Year 2024-2025 The Subcommittee was supportive of staff recommendations with modifications to the following special events:
• Bike Temecula Valley—Cycle for Hope
• Temecula Valley Balloon& Wine Festival
ADJOURNMENT: This meeting was officially adjourned at 3:4 PM Date Kevin Hawkins, Assis t City Manager
ECONOMIC DEVELOPMENT
FINAL FY 2024-2025 SPONSORSHIP FUNDING REQUESTS
NOTE: 14 Applications:
-4 Year-round Partners: EDC, IE Film Services, JDS Creative Academy, IESBDC -2 Multi- Year Partner Agreements: VTV, TVCC (No Application – 4 years left in agreement) -8 Special Events: Cycle For Hope, Halloween/ Holiday Lights Bike Ride, DigiFest, Walk of Hope, Old Town Quilt Show, TedX, Temecula Exotic Car Run, & TVBWF
1 of 2
PARTNERS
MANAGED BY ECONOMIC DEVELOPMENT
ORGANIZATION PARTNERSHIP
FUNDING
FINAL GRANTED
FY 23-24
REQUEST
FY 24-25
Economic
Development
Coalition (EDC)
Year-round -$ 30,000
MOU year 4 of 4
-$30,000 -Enter into a 3-year
agreement at $43,560
each year
Inland Empire
Film Services
Film Permits
Year-round -$ 6,000 -$6,000 -$6,000
JDS Creative
Academy
Spirit of Innovation
Year-round -In-kind Marketing
-Airtime for Spirit of
Innovation Series
-Broadcasting Services
via channel 3
-Social Media
promotion
-In-kind marketing
-Broadcasting Services
via channel 3
-Social Media
promotion
-In-kind marketing
Inland Empire Small
Business
Development
Center (IESBDC)
Year-round -$7,500 -$7,500 -Enter into a 3-year
agreement at $7,500
each year
Visit Temecula Valley
(VTV)
Year-round -$40,000
Agreement year 3 of 3
-Enter into a 3-year
agreement at $60,000
each fiscal year
-Enter into a 3-year
agreement at $60,000
each fiscal year
Temecula Valley
Chamber of
Commerce (TVCC)
Year-round -5-year agreement at
$200,000 each fiscal
year
Agreement Year 1 of 5
N/A
-$200,000
Agreement year 2 of 5
-$200,000
Agreement year 2 of 5
PARTNERS (ED) CASH $ 283,500 $ 303,500 $317,060
SPECIAL EVENTS (TCSD) CASH $ 28,800 $ 51,800 $ 43,800
TOTAL $ 312,300 $ 355,300 $360,860
ECONOMIC DEVELOPMENT
FINAL FY 2024-2025 SPONSORSHIP FUNDING REQUESTS
NOTE: 14 Applications:
-4 Year-round Partners: EDC, IE Film Services, JDS Creative Academy, IESBDC -2 Multi- Year Partner Agreements: VTV, TVCC (No Application – 4 years left in agreement) -8 Special Events: Cycle For Hope, Halloween/ Holiday Lights Bike Ride, DigiFest, Walk of Hope, Old Town Quilt Show, TedX, Temecula Exotic Car Run, & TVBWF
2 of 2
SPECIAL EVENTS
MANAGED BY COMMUNITY SERVICES
ORGANIZATION PARTNERSHIP
FUNDING
FINALGRANTED
FY 23-24
REQUEST
FY 24-25
Bike Temecula Valley
–Cycle for Hope
October 2024 -N/A (New Applicant)-$10,000
-City Support for event/
location-Town Square
- $2,000
-City event/ staff
support
Bike Temecula Valley
–Halloween &
Holiday Lights Ride
October &
December 2024
-N/A (New Applicant)-City escort
-Community Services
registration support
-City escort
-Community Services
Registration support
JDS Creative
Academy - DigiFest
Temecula
April 2025 -In-kind Marketing
-Support Costs
-Use of Conf. Center
-$5,000
-In-kind Marketing
-Use of Conference
Center
-In-kind marketing
-Use of Conference
Center
Michelle’s Place –
Walk of Hope
October 2024 -N/A (New Applicant)-Community Services/
PW Support
-RSO/ Fire Support
-In-kind Marketing
-$10,000 for traffic
control
-City Support
-In-kind marketing
Old Town
Quilt Show
October 2024 -$1,800
-In-kind Marketing
-Support Costs
-Use of Theater, dance
studio, Merc, Lot of
Main
-$1,800
-In-kind Marketing
-Use of Theater, dance
studio, Lot of Main
-Community Services
support
-$1,800
-In-kind Marketing
-Use of Theater, dance
studio, Lot of Main
-Community Services
support
TedX Temecula September
2024
-Use of City Facility
-In kind Marketing
-Use of Old Town
Theater + staff & crew
-In-kind Marketing
-Use of Old Town
Theater + staff & crew
-In-kind Marketing
Temecula Exotic Car
Run
TBD Fall 2024 -N/A (New Applicant)-City Support
-Public Works Support
-City support for further
discussion
Temecula Valley
Balloon and Wine
Festival (TVBWF)
May 2025 -$27,000
-In kind Marketing
-Use of Conference
Center
-$35,000 - $30,000
- In kind Marketing
- Use of Conference
Center
SPECIAL EVENTS (TCSD) CASH $ 28,800 $ 51,800 $ 43,800
PARTNERS (ED) CASH $ 283,500 $ 303,500 $ 317,060
-TOTAL $ 312,300 $ 355,300 $ 360,860