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HomeMy WebLinkAboutResolutions - 2024.06.13 - 41273 AGENDA ITEM: Sponsorship of the Lathrup Village Music Festival DEPARTMENT: Board of Commissioners MEETING: Board of Commissioners DATE: Thursday, June 13, 2024 9:30 AM - Click to View Agenda ITEM SUMMARY SHEET COMMITTEE REPORT TO BOARD Resolution #2024-4202 Motion to approve the one-time allotment of $10,000 from the Fiscal Year 2024 Board of Commissioners General Fund Sponsorship line-item budget for the purpose of sponsoring the 2024 Lathrup Village Music Festival; further, approve and authorize the Board Chair to execute any required agreements on behalf of Oakland County. Additionally, require that the recipient of the funds promote the County as a primary sponsor and provide an impact report to the Board detailing the sponsorship outcomes, including the number of residents served. ITEM CATEGORY SPONSORED BY Special Project Yolanda Smith Charles INTRODUCTION AND BACKGROUND First and Last Name (Person Submitting the Form): Adam Laurie Organization (Person Submitting the Form): Lathrup Village DDA Phone Number (Person Submitting the Form): (248) 557-2600 Last Name of Sponsoring Commissioner: Smith-Charles Project Overview: The second annual LVMF is a full day of music in the municipal park in Lathrup Village. This event is sponsored and seed money is funded by the LVDDA (Lathrup Village Downtown Development Authority), and is the organization's signature event of the year. Local businesses are invited to set up and promote themselves, and a primary goal is to create exposure for member businesses of the DDA. This is a free event. The main focus of the event is music, and while there will be food trucks and supporting activities to make for a fun day, the thing that sets the LVMF apart is the caliber and quality of the performers. We are booking the best of the best performers from in and around Detroit, to bring a lineup that will stand out from other summertime festivals. Project Type: Sponsorship of an Event Provide a proposed budget breakdown for the project: $25,000 for the total project and $10,000 from the Oakland County Board of Commissioners. Provide a detailed timeline for implementation of the project: August 10, 2024 Provide detail on any possible funding partners or matching funds: While the DDA will make the initial investment, we are also seeking outside resources to meet our budget. This will include sponsorship opportunities, individuals from the residential community that are supporting the event, and any public funds we are eligible for. No other matching money is available. Describe the anticipated impact of the project and how its success will be evaluated: LVDDA, and LV businesses will benefit directly from their participation and exposure. The residential community will have a signature event to enjoy and add value to their community. Metro Detroit residents will benefit by having a high-quality event to add to their summer calendar. The performers will benefit as well, Detroit is a very difficult place to make a living as a musician, a good paying gig is hard to find anywhere. We pay the artists a respectable rate as they see their value, and by compensating artists well, it will build the reputation of the LVMF as a place that all the best artists of the area will be interested in being a part of now and in future years. The LVMF has several goals: Create exposure and opportunity for the Lathrup Village business community. Establish a signature summer event for Lathrup Village as a whole, that will shine a light on the community as a vibrant, forward looking place to live and work. Create a premiere event in the metro Detroit music scene that features the A-list of area performers, that is an in-demand event to be a part of both as a participant and attendee. Include any additional information or supporting documents relevant to the project: Contact Information Michael Greene mgreene@lathrupvillage.org (248) 557-2600; 225 (248) 232-9480 Susie Stec DDA Director 248-557-2600 ext. 223 sstec@lathrupvillage.org BUDGET AMENDMENT REQUIRED: No Committee members can contact Michael Andrews, Policy and Fiscal Analysis Supervisor at 248.425.5572 or andrewsmb@oakgov.com or the department contact persons listed for additional information. CONTACT Yolanda Smith Charles, Commissioner ITEM REVIEW TRACKING Aaron Snover, Board of Commissioners Created/Initiated - 6/13/2024 AGENDA DEADLINE: 06/13/2024 9:30 AM ATTACHMENTS None COMMITTEE TRACKING 2024-05-22 Full Board - Refer to Finance Committee 2024-06-05 Finance - Recommend to Board 2024-06-13 Full Board - Adopt Motioned by: Commissioner Linnie Taylor Seconded by: Commissioner Philip Weipert Yes: David Woodward, Michael Spisz, Michael Gingell, Penny Luebs, Karen Joliat, Christine Long, Robert Hoffman, Philip Weipert, Gwen Markham, Angela Powell, Marcia Gershenson, William Miller III, Yolanda Smith Charles, Charles Cavell, Brendan Johnson, Ajay Raman, Ann Erickson Gault, Linnie Taylor (18) No: None (0) Abstain: None (0) Absent: Kristen Nelson (1) Passed