2024 03 19 City Council Packet 1
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FINANCE DEPARTMENT MEMORANDUM TO: Deb Wallace, City Manager FROM: Mike Keith, Finance Director DATE: March 6, 2024 SUBJECT: Fireworks for July 4, 2024 Attached is a proposal from Pyro Shows for providing fireworks on July 4, 2024 at Athens Regional Park. The proposal provides the same shells as in 2023 and is the same price as last year’s show. This will allow staff to approve the same setup as last year for allowing citizen access to the park. It would be the recommendation of staff that the day be the same as last year so that the park is open all day and the concession stand opens at approximately 6 p. m. No other activities would be planned during the day and people can arrive at any time up to the gates closing at 9:15 p. m. The other item that needs to be dis cussed is the payment for the fireworks. A $22,500 deposit will need to be made when the contact is signed. These funds will need to be paid by the City in March so that our event can be scheduled with Pyro Shows. It is my recommendation that the City make the payment from the General Fund . The question will come up about using Hotel/Motel funds for this event. Hotel/Motel taxes are to be used for tourism and tourism development and I believe it is hard to justify a large amount being paid out of these taxes since this is more of a localized event. Something in the ra nge of $3,000 to $5,000 might be appropriately funded with these taxes. There is always the possibility of doing fundraising as was done last year. By starting in March, City staff can work with the Parks Foundation for it receiving donations. The other question to be ans wered is who will coordinate the fundraising and this can be discussed at Study Session. I believe this is everything needed for discussing this is sue with Council. Please let me know if you have any additional questions. 10