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HomeMy WebLinkAbout2019-04-02 VLMD MinutesVLMD Meeting Minutes of April 4, 2019 Page 1 Vail Local Marketing District Meeting Minutes Tuesday, April 2, 2019 2:00 PM Vail Town Council Chambers The regular meeting of the Vail Local Marketing District was called to order at approximately 2:00 P.M. by Chairman Dave Chapin. Members present: Dave Chapin, Chairman Jenn Bruno, Vice Chairman Travis Coggin Kevin Foley Kim Langmaid Jen Mason Greg Moffet Staff members: Patty McKenny, Interim Town Manager Matt Mire, Town Attorney Tammy Nagel, Town Clerk ______________________________________________________________________ 1. Call to Order 2. Action Items 2.1. Resolution No. 1, Series of 2019, A Resolution Adopting an Amended Budget and Making Appropriations to Pay the Costs, Expenses, and Liabilities of the Vail Local Marketing District for its Fiscal Year January 1, 2019 Through December 31, 2019 Presenter(s): Carlie Smith, Financial Services Manager and Beth Slifer, VLMDAC Chair Action Requested of Council: Approve, approve with modifications, or deny Resolution No.1, Series 2019. Background: See attached memorandum. Staff Recommendation: Approve, approve with modifications, or deny Resolution No.1, Series 2019. Smith reviewed Resolution No. 1, Series of 2020 with council. Smith explained the budgeted expenses of $200,000 originally earmarked for the Colorado Classic were being requested to be re-appropriated. In addition, an incremental increase of $200,000, or 6% is requested. The amended 2019 budget is proposed at $3,500,000, flat with 2018 actuals. The request for a re-appropriation of the $200,000 and an incremental allocation of $200,000 was recommended to be spent as follows: VLMD Meeting Minutes of April 4, 2019 Page 2 Destination & Front Range Media $200,000 Brand Asset Capture $30,000 Social Videos $51,000 PR $25,000 Destination Audience Research $30,000 Email Marketing $20,000 Summer Retail/Crisis $44,000 Moffet made a motion to approve Resolution No. 1, Series of 2019; Foley seconded the motion passed (7-0) 3. Adjournment There being no further business to come before the board, Moffet moved to adjourn the meeting and Foley seconded the motion which passed (7-0) and the meeting adjourned at 2:10 p.m. Respectfully Submitted, Attest: __________________________________ Dave Chapin, Chairman _________________________ Tammy Nagel, Town Clerk