City of Oakland - File #: 05-0736

• File #: 05-0736
• Version: 1
• Name: Oakland Convention And Visitors Bureau - Fiscal Review
• Type: City Resolution
• Status: Passed
• File created: 9/14/2005
• In control: Concurrent Meeting of the Oakland Redevelopment Agency / City Council
• On agenda: 10/25/2005
• Final action: 11/1/2005
• Title: Subject: Oakland Convention And Visitors Bureau - Fiscal Review From: Cultural Arts And Marketing Department Recommendation: Adopt A Resolution Authorizing The City Administrator To Negotiate And Execute A Two-Year Professional Services Agreement With The Oakland Convention And Visitors Bureau To Provide Visitor Marketing Services In An Amount Not To Exceed $650,000 For Fiscal Year 2005-2006 And $650,000 For Fiscal Year 2006-2007 And Provide A Financial Incentive Should Transient Occupancy Tax (TOT) Receipts Exceed Annual Budgeted Revenues And OCVB Exceed Its Annual Cumulative Economic Value Benchmark
• Sponsors: Cultural Arts & Marketing Department

Date	Ver.	Action By	Action	Result
11/1/2005	1	Meeting of the Oakland City Council	Adopted	Pass
10/25/2005	1	*Concurrent Meeting of the Redevelopment Agency and Council Community & Economic Development Committee	Approved the Recommendation of Staff, and Forward	Pass
9/15/2005	1	*Rules & Legislation Committee	Scheduled	Pass

Title

Subject:      Oakland Convention And Visitors Bureau - Fiscal Review

From:            Cultural Arts And Marketing Department

Recommendation: Adopt A Resolution Authorizing The City Administrator To Negotiate And Execute A Two-Year Professional Services Agreement With The Oakland Convention And Visitors Bureau To Provide Visitor Marketing Services In An Amount Not To Exceed $650,000 For Fiscal Year 2005-2006 And $650,000 For Fiscal Year 2006-2007 And Provide A Financial Incentive Should Transient Occupancy Tax (TOT) Receipts Exceed Annual Budgeted Revenues And OCVB Exceed Its Annual Cumulative Economic Value Benchmark