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HomeMy WebLinkAbout10/12/2005 - STAFF REPORTS (5) CONVENTION CENTER GRAND OPENING December 31, 2005 Gala Dinner and Community Open House Reception and Gala Dinner (300 Invited Guests) Staging/Sound/Lighting/Dance $50,000 Floor Food and Beverage $45,000 Event Producer/Coordinator $30,000 Decor $25,000 Entertainment(Band) $15,000 Commemorative Gift for Gala $9,000 (600@$15.00/gift) Printing (Invitations/Prograin) $4,500 Valet Parking $2,000 Temporary Labor $1,500 Signage $1,000 Subtotal $183,000 Community Open House Entertainment(Dram Jungle) $142,000' Staging/Sound/Lighting $100,000 Fireworks $30,000 Food&Beverage $10,000 Commemorative Gift Open House $12,500 (2,500@$5.00/gift) Advertising $5,000 Party Favors $1,500 Temporary Labor $1,500 Subtotal $302,500 Expenses Reception and Gala Dimmer $183,000 Community Open House $302,500 Contingency(5%) $25,000 TOTAL $510,500 Projected Revenues SMG Contribution $125,000 Ticket Sales from Gala(200@$100) $20,000 Sponsorships' $30,000 TOTAL $175000 Less Expenses ($510,500) Budget.Surplus(Shortfall) ($335;50'0)3 . Performance consists of a 45-minute high-energy drum and percussion show that has been infused with vocal melodies and cultural dancers. Cost for talent is$132,000. City is responsible for paying transportation and lodging for 28 member cast. Estimated cost for travel and lodging is$10,000. Total entertainment cost is$142,000. 2 Assumes a contribution from the Agua Caliente Band of Calu illa Indians. 'Additional revenues could be raised through the sale of general admission tickets to the Drum Jungle/Fireworks Show(1,000 tickets @$25.00/ticket=$25,000) MINUTE ORDER NO. ESTABLISHING A BUDGET OF $ FOR THE CONVENTION CENTER GRAND OPENING AND NEW YEAR'S EVE CELEBRATION AND AUTHORIZING THE CITY MANAGER TO ENTER INTO INDIVIDUAL CONTRACTS FOR PRODUCTION AND ENTERTAINMENT SERVICES I HEREBY CERTIFY that this Minute Order, establishing a budget of $ for the Convention Center Grand Opening and New Year's Eve Celebration and authorizing the City Manager to enter into individual contracts for production and entertainment services was adopted by the City Council of the City of Palm Springs, California, in a meeting was held on the 12th day of October, 2005. I , JAMES THOMPSON City Clerk 10-12-05 ADDITIONAL MATERIAL Item 5.A. RESOLUTION NO. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR FISCAL YEAR 2005-2006 WHEREAS, Resolution 21283 approving the budget for the fiscal year 2005-06 was adopted on June 8, 2005; and WHEREAS, the City Manager has recommended, and the City Council desires to approve, certain amendments to said budget. THE CITY COUNCIL OF THE CITY OF PALM SPRINGS DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. ADDITIONS Fund Activity Account Amount 112 2080 XXXXX $XXXXXXXXX Community Convention Promotions Center Purpose: Convention Center Grand Opening and New Year's Eve Celebration SECTION 2. SOURCE Fund Activity Account Amount 112 29301 $XXXXXXXXX Community Fund Balance Promotions ADOPTED THIS 12th day of October 2005. David H. Ready, City Manager ATTEST: James Thompson, City Clerk Resolution No. Page 2 CERTIFICATION STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) ss. CITY OF PALM SPRINGS ) I, JAMES THOMPSON, City Clerk of the City of Palm Springs, hereby certify that Resolution No. is a full, true and correct copy, and was duly adopted at a regular meeting of the City Council of the City of Palm Springs on October 12, 2005, by the following vote: AYES: NOES: ABSENT: ABSTAIN: James Thompson, City Clerk City of Palm Springs, California