HomeMy WebLinkAbout17819 - RESOLUTIONS - 4/1/1992 ► RESOLUTION NO. 17819
OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS,
CALIFORNIA, TERMINATING EXISTING AGREEMENT NO. 2789
WITH THE PALM SPRINGS INTERNATIONAL FILM FESTIVAL
EXECUTED 11/15/89 AND APPROVING OF A NEW AGREEMENT
GUARANTEEING THE FILM FESTIVAL $150, 000 IN CITY
FUNDING ANNUALLY FOR FIVE YEARS, BEGINNING IN THE
1992-93 FISCAL YEAR
WHEREAS the Palm Springs International Film Festival was
established in January, 1990, and it was designed to provide
cultural enrichment, enhance community spirit and promote
tourism; and
WHEREAS it has successfully completed its third year of
operations with 81 premieres, attendance that reached over
29 , 000 and a .value that reached $20 million; and
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WHEREAS the Palm Springs International Film Festival is a
valuable asset to the community and its future financial
security should be guaranteed,
NOW THEREFORE BE IT RESOLVED by the City Council of the City
i of Palm Springs, that the City Council does hereby commit to
a City funding level of $150, 000 per year for the next five
years, beginning in fiscal year 1992-93 , rescinds the current
contract and authorizes a new 5-year contract.
' ADOPTED this 1st day of April 1992 .
AYES: Councilmembers Broich and Mayor Bono
NOES: Councilmember Flodges
ABSENT: Councilmember Neel
ATTEST: CITY F PALM SPR G ALIFORNIA
BY
n - - 'City Clerk City Ma ager
REVIEWED & APPROVED
r City Attorney
.' 73
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