Explanation
1. BACKGROUND
Credited as the largest single-day event in the City of Columbus, Red, White & BOOM! has become a highly anticipated signature event throughout its existence, drawing more than 400,000 people each year it has been held. This year the event will take place on July 1, 2022, from 10 am to 11 pm, in downtown Columbus.
This ordinance authorizes the Director of Public Service to execute an event agreement with Red, White & BOOM, Inc., the non-profit organization that coordinates the annual event, and to accept monies for requisite permit fees, meter bagging, and traffic maintenance services, and to, as necessary, provide a refund to the organization after the event has concluded and final accounting is complete.
2. FISCAL IMPACT
Red, White & BOOM, Inc. will deposit funds representing the estimated cost of requisite services with the City, with the understanding that it may be necessary to remit additional funds to the City if the initial deposit is insufficient to cover the final cost of those services. The amount of the deposit is still being determined.
3. CONTRACT COMPLIANCE
The contract compliance number for Red, White & BOOM, Inc. is CC004781, which expires November 15, 2023.
4. EMERGENCY DESIGNATION
Emergency action is requested to allow sufficient time for the execution of said agreement so as to facilitate the timely completion of planning and organizing activities prior to the event.
Title
To authorize the Director of Public Service to enter into an event agreement with Red, White & BOOM, Inc., and to accept a deposit for services rendered by the Department of Public Service for the Red, White & BOOM! 2022 event; to authorize the acceptance of additional funds if the deposit does not cover all Department of Public Service expensed related to the event; to refund the balance of deposited funds after final accounting has occurred, if applicable; and to declare an emergency. ($0.00)
Body
WHEREAS, Red, White & BOOM! is...
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