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HomeMy WebLinkAboutR-2025-055 Tourism Grant with Riverside Chamber of Commerce RESOLUTION R-2025-055 A RESOLUTION APPROVING A TOURISM GRANT AGREEMENT WITH THE RIVERSIDE AREA CHAMBER OF COMMERCE AND AUTHORIZING THE MAYOR TO EXECUTE SAID AGREEMENT WHEREAS,the City of Riverside has established a Tourism Tax Fund pursuant to Section 140.280 of the Riverside Municipal Code, funded by revenues collected from the Tourism Tax authorized under Sections 67.1003 to 67.1364, RSMo.; and WHEREAS, the purpose of the Tourism Tax Fund is to promote tourism, increase overnight stays,and enhance the economic vitality of the City through the support of activities and organizations that attract visitors; and WHEREAS,the Riverside Chamber of Commerce("Chamber")is a nonprofit organization actively engaged in promoting local businesses,community events,and tourism within the City of Riverside; and WHEREAS,the Chamber's ongoing operations and initiatives,including marketing efforts, visitor services,and community engagement activities,contribute to the promotion of tourism and align with the objectives of the Tourism Tax Fund; and WHEREAS, the City desires to provide funding support to the Chamber to assist with its general operations related to tourism promotion; NOW, THEREFORE, BE IT RESOLVED by the Board of Aldermen of the City of Riverside, Missouri, as follows: THAT the Board of Aldermen hereby approves the Tourism Grant Agreement between the City of Riverside and Riverside Area Chamber of Commerce in substantially the form attached hereto and incorporated herein by reference, and the Mayor is hereby authorized and directed to execute the Tourism Grant Agreement on behalf of the City; and FURTHER THAT the Mayor,the City Administrator,and other appropriate City officials are hereby authorized to take any and all actions as may be deemed necessary or convenient to carry out and comply with the intent of this Resolution and to execute and deliver for and on behalf of the City all certificates, instruments, agreements, and other documents, as may be necessary or convenient to perform all matters herein authorized. PASSED AND ADOPTED by the Board of Aldermen of the City of Riverside, Missouri, the 15th day of April 2025. Mayor Kathleen L. Rose ATTEST: Robin Kincaid, City'Clerk RESOLUTION R-2025-055 Tourism Grant Agreement RESOLUTION R-2025-055 TOURISM GRANT AGREEMENT This Tourism Grant Agreement ("Agreement") is entered into by and between the City of Riverside, Missouri ("City"), and the Riverside Area Chamber of Commerce ("Grantee"), collectively referred to as the "Parties." In consideration of the mutual promises and covenants contained herein, the Parties agree as follows: 1. Grant Award. The City agrees to award Grantee a grant in the amount of $100,000.00 ("Grant Funds"), subject to the terms of this Agreement. 2. Purpose and Use of Funds. Grantee shall use the Grant Funds solely for costs that are eligible under Section 140.280 and State law and directly related to promoting tourism, including but not limited to: a. Advertising and promotional materials aimed at attracting non-resident attendees; b. Entertainment or programming that draws regional interest; d. Other reasonable and necessary expenses designed to promote tourism. 3. Restrictions. Grantee shall not use funds for: a. Alcoholic beverages; b. Political activities; c. Capital improvements; or d. Any purpose not directly related to tourism promotion. 4. Reporting and Documentation. Grantee shall submit a written report to the City no later than 60 days following the end of Grantee's fiscal year. The report shall include: a. A summary of tourism-related activities and initiatives undertaken using Grant Funds; b. An evaluation of the impact of such activities on tourism in the City, including, where applicable, estimated attendance figures, outreach metrics, or visitor engagement; c. A financial accounting of how the Grant Funds were expended,including copies of relevant invoices, receipts, contracts, and other supporting documentation; and d. Any additional information reasonably requested by the City to evaluate the use and effectiveness of the Grant Funds. Grantee shall cooperate with the City for any audit or financial review of Grant Funds,as permitted under Section 140.240 of the Riverside Municipal Code and applicable law. RESOLUTION R-2025-055 5. Reimbursement and Repayment. If the City determines that the Grant Funds were not used in accordance with this Agreement or that the event was canceled or substantially altered,the City may require Grantee to return all or part of the Grant Funds. 6. Acknowledgment of City Support. Grantee shall acknowledge the City of Riverside as a sponsor in promotional materials and, where feasible, display the City's logo and/or issue verbal recognition during the event. 7. Indemnification. To the fullest extent permitted by law, Grantee shall indemnify and hold harmless the City,its officers,employees,and agents from and against all claims,damages,losses, and expenses arising out of the performance of this Agreement or the event funded. 8. Independent Contractor. Nothing in this Agreement shall be construed to create an employment,partnership, or agency relationship between the Parties. 9. Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of Missouri. 10. Entire Agreement. This Agreement contains the entire agreement between the Parties regarding the subject matter and supersedes all prior or contemporaneous understandings. IN WITNESS WHEREOF,the Parties have executed this Agreement as of the dates below. RESOLUTION R-2025-055 City of Riverside, Missouri: By: atidg./40 Kathleen L.-Mayor- Dated: IS I .Da. Attest: Robin Kincaid, City Clerk • Riverside Area Chamber of Commerce: By: digt(trille7Are ine Moore, Executive Director Dated: / 21/ /� ZU2