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HomeMy WebLinkAbout2024-132-11/19/2024-APPROVING THE 2025 ANNUAL PLAN, PROPOSED BUDGET AND A DIRECTOR FOR THE FORT COLLINS TOURISM IMPROVEMRESOLUTION 2024-132 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROVING THE 2025 ANNUAL PLAN, PROPOSED BUDGET AND A DIRECTOR FOR THE FORT COLLINS TOURISM IMPROVEMENT DISTRICT A.On August 4, 2021, the City Council adopted Ordinance No. 097, 2021, establishing the Fort Collins Tourism Improvement District (the "District"). B.The District was established under and pursuant to Article V of Chapter 22 of the City Code that allows for the est ablishment of tourism improvement districts within the City's boundaries ("Article v»). C.Section 22-166 of the City Code requires the District's Board of Directors (the "Board ») to file with the City Clerk by September 30 of each year the District's annual plan and budget for the ensuing calendar fiscal year. D.Section 22-166 also provides that the District's annual plan and budget are subject to the City Council's approval in a manner consistent with the way operating plans and budgets of business improvement districts are approved by Council under Colorado Revised Statutes Section 31-25-1211. E.Section 22-153 of Article V provides that the annual plan is to outline the District's revenues, expenditures, projects, and goals. F.On September 4, 2024, the District filed with the City its proposed annual plan and budget for its fiscal calendar year 2025. G. A copy of the District's proposed 2025 annual plan ls attached as Exhibit "A" and incorporated herein by reference (the "2025 Annual Plan"). H.A copy of the District's proposed 2025 budget is attached as Exhibit "B" and incorporated herein by reference (the "2025 Budge t''). I.On October 22, 2024, the Board nominated Troy Erickson to a three-year term to the District's Board of Directors. A copy of the resolution nominating Troy Erikson to the Board of Directors is attached as Exhibit "C" and incorporated herein by this reference. Approval of the Board nominees is required by City Code Section 22-164. J.The City Council has reviewed the 2025 Annual Plan and the 2025 Budget and finds and determines that they satisfy the requirements of Article V and should be approved. The City Council has additionally reviewed the nomination of Troy Erikson to the District's Board of Directors. -1- In light of the foregoing recitals, which the Council hereby makes and adopts as determinat ions and findings, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows: Section 1. The City Council approves the 2025 Annual Plan and the 2025 Budget pursuant to City Code Section 22-166. Section 2. The City Council approves Troy Erickson to serve a three-year term on the District's Board of Directors pursuant to City Code Section 22-164. Passed and adopted on November 19, 2024. ATTEST: Effective Date: November 19, 2024 Approving Attorney: Ted Hewitt -2- , Sr. Deputy 24f1� �.FORT COLLINS EXHIBIT A TO RESOLUTION 2024-132 Appendix Index •Ordinance •Fee Assessment •District Map •District Governance •Board of Directors + EXHIBIT A TO RESOLUTION 2024-132 FC TiD Fort Collins Tourism Improvement District EXHIBIT C TO RESOLUTION 2024-132 NOW. THEREFORE. BE IT RESOLVED by the Board of Directors of the Foti Collins Tourism Improvement District, within the City of Fort Collins. Larimer County. Colorado. as follows: l.Filling vacancies on the Board of Directors of the Disiti'ict is in t�e best interest of the public and the District. 2.The following individual is a resident of the State of Colorado. at least 18 years ofage. and registered to vote in general elections in the State of Color ado; and (affiliated with the Armstrong. which is a boutique/specialty Lodging Businesses) is affiliated with a Lodging Business: a.Troy Erickson (General Manager of the Armstrong Hotel. Fort Collins. CO). 5.Troy Erickson is a qualified elector of the District. and thus fully qualified to serveas a member of the Board of Directors of the District. and has indicated a willingness to continue to serve on the Board of Directors of the District. 6.The Board therefore desires and does hereby nominate for appointment to theDistrict Board of Directors by the City. Troy Erickson. for a three year term in accordance with Section 7 of the Establishing Ordinance of the District. ADOPTED AND APPROVED this l)."·c\tay of October. 2024. ATTEST FORT COLLINS TOURISM IMPROVEMENT DISTRICT By,��Board Secretary EXHIBIT C TO RESOLUTION 2024-132 RESOLUTION 2024-10 FORT COLLINS TOURISM IMPROVEMENT DISTRICT NO MINA TING TROY ERICKSON TO THE BOARD OF DIRECTORS WHEREAS, the Fort Collins Tourism Improvement District (the "Djstrjct"} was created by the City of Fort Collins (the "City"} Ordinance No. 097, dated August 4. 2021, as subsequently amended by City Council's adoption of Ordinance No. 161, 2021 dated December 7. 2021 (referred to together as the "Establish in� Ordinance"). to fund and provide certain tourism services and improvements for the benefit of Lodging Businesses within the District: and WHEREAS, in the Establishing Ordinance, the City appointed five (5) individuals to serve as the Board of Directors of the District, with the requirement that three (3) directors be affiliated with a large full-service Lodging Business; one (1) director be affiliated with a small limited service Lodging Business: and one (1) director affiliated with a boutique/specialty Lodging Business: and WHEREAS. since the time of the Establishing Ordinance. the City. by subsequent Ordinance (No. 061. 2021) dated June 7, 2022 (the '' Amend in!,! Resolution"} amended Section 7 of the Establishing Ordinance to increase the number of the Board of Directors of the District from five (5) to seven (7) directors, with the two added directors each serving a three-year term (until June 17, 2025) and being an elector of the District who is affiliated with any type of Lodging Business within the District; and WHEREAS, in Section 7 of the Establishing Ordinance, George Prine was appointed to a three-year term on the Board of Directors of the District. beginning September 1. 2021, and expiring at 11 :59 p.m. on September 1. 2024, as one of the directors of a boutique/specialty Lodging Business in the District: and WHEREAS. George Prine resigned his position on the Board of Directors of the District as of December 1. 2023: and WHEREAS, by resolution dated December 5. 2023, the District nominated Troy Erickson, as a qualified elector of the District affiliated with a boutique/specialty Lodging Business in the District, to fill the vacancy on the Board created by Mr. Prine's resignation: and WHEREAS, by resolution dated April 4, 2024, the City Council of the City of Fort Collins accepted the District's nomination of Mr. Erickson to fill the vacancy on the Board created by Mr. Prine's resignation and appointed Troy Erickson to serve on the Board for the remainder of Mr. Prine's term, with such term expiring on September 1, 2024 thus creating a vacancy on the Board; and WHEREAS. Mr. Erickson remain s a qualified elector of the District affiliated with a boutique/specialty Lodging Business in the District and desires to continue serving on the District Board� and WHEREAS. the District desires to have Mr. Erickson continue to se1ve on the District Board 4,500.00 10,500.00 1,000.00 1,000.00 32,000.00 33,000.00 10,000.00 26,000.00 69,000.00 41,690.00 14,690.00 14,690.00 529,876.00 15,393.00 15,393.00 15,393.00 184,716.00 250.00 250.00 250.00 3,000.00, 200.00 200.00 200.00 2,400.00 270.00 270.00 270.00 3,240.00 . 205.00 205.00 205.00 2,460.00 16,318.00 16,318.00 16,318.00 195,816.00 4,500.00 4,500.00 4,500.00 54,000.00 1,000.00 1,000.00 1,000.00 12,000.00' 3,000.00 3,000.00 3,000.00 36,000.00 4,500.00 4,500.00 4,500.00 54,000.00 515.00 515.00 515.00 6,180.00 500.00 500.00 500.00 6,000.00' 17,000.00, 800.00 800.00 800.00 9,600.00 1,510,512.45 2,000.00 1,500.00 3,000.00 -I 6,250.00 I 6.250.00 I - 3,889.00 3,889.00 600.00 600.00 2,000.00 2,000.00 2,500.00 2,500.00 -- 4,200.00 4,200.00 3,500.00 - 2,050.00 2,050.00 -- ---- 150.00 150.00 1,100.00 1,100.00 31,239.00 24,239.00 10,500.00 10,500.00 10,000.00 - -- I 20,500.00 10,500.00 -- 690.00 690.00 690.00 690.00 12,500.00 2,500.00 12,500.00 2,500.00 1,000.00 1,000.00 2,500.00 - -- 3,000.00 5,000.00 6,250.00 - 3,889.00 600.00 - 2,500.00 - 4,200.00 '1 - 2,050.00 1,000.00 --150.00 1,100.00 29,739.00 10,500.00 -'- 10,500.00 - 690.00 690.00 2,500.00 2,500.00 1,000.00 --· --· - 47,550.00 33,050.00 75,000.00 7,500.00 46,668.00 7,200.00 8,000.00 23,000.00 30,000.00 5,000.00 10,500.00 24,600.00 4,000.00 5,000.00 2,400.00 1,800.00 13,200.00 394.s6s.oo I 229,096.00 70,000.00 9,500.00 3os,s96.oo I 42,000.00 8,280.00 so,2so.oo I 70,000.00 10,000.00 I - 12,000.00 7,500.00 6,350.00 5,350.00 5,000.00 3,000.00 5,000.00 5,000.00 6,350.00 6,350.00 6,350.00 6,250.00 6,250.00 6,250.00 6,250.00 6,250.00 6,250.00 2,500.00 2,500.00 3,889.00 3,889.00 3,889.00 3,889.00 3,889.00 3,889.00 600.00 600.00 600.00 600.00 600.00 600.00 2,000.00 2,000.00 2,000.00 2,000.00 15,000.00 2,500.00 2,500.00 2,500.00 2,500.00 2,500.00 2,500.00 2,500.00 2,500.00 4,200.00 4,200.00 4,200.00 4,200.00 4,200.00 4,200.00 3,500.00 3,500.00 2,050.00 2,050.00 2,050.00 2,050.00 2,050.00 2,050.00 1,000.00 1,000.00 3,500.00 150.00 150.00 150.00 150.00 150.00 150.00 1,100.00 1,100.00 1,100.00 1,100.00 1,100.00 1,100.00 38,589.00 34,439.00 29,239.00 35,589.00 36,589.00 44,239.00 10,500.00 75,000.00 40,096.00 5,000.00 15,000.00 20,500.00 10,000.00 10,000.00 10,000.00 10,000.00 15,000.00 4,000.00 5,500.00 20,500.00 89,000.00 50,096.00 15,000.00 30,000.00 26,000.00 I 13,000.00 690.00 690.00 690.00 690.00 690.00 690.00 690.00 690.00 690.00 13,690.00 690.00 690.00 12,500.00 2,500.00 2,500.00 12,500.00 2,500.00 2,500.00 12,500.00 2,500.00 2,500.00 12,500.00 2,500.00 2,500.00 I 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 2,500.00 EXHIBIT B TO RESOLUTION 2024-132 Apr-25 I May-25 I Jun-25 Jul-25 Aug-25 Sep-25 114,382.88 117,395.00 167,459.00 155,792.69 176,445.00 148,320.00 114,382.88 117,395.00 167,459.00 155,792.69 176,445.00 148,320.00 19,439.10 19,439.10 19,439.10 19,439.10 19,439.10 19,439.10 19,439.10 19,439.10 19,439.10 19,439.10 19,439.10 19,439.10 I 1,973.25 1,973.25 1,973.25 1,973.25 1,973.25 1,973.25 174.41 174.41 174.41 174.41 174.41 174.41 100.00 100.00 100.00 100.00 100.00 100.00 750.00 750.00 750.00 750.00 750.00 750.00 400.00 400.00 400.00 400.00 400.00 400.00 3,397.66 3,397.66 3,397.66 3,397.66 3,397.66 3,397.661 22,836.76 22,836.76 22,836.76 22,836.76 22,836.76 22,836.76 i 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 50.00 50.00 50.00 50.00 50.00 50.00 700.00 700.00 700.00 700.00 700.00 700.00 790.00 790.00 790.00 790.00 790.00 790.00 5,540.00 5,540.00 5,540.00 5,540.00 5,540.00 5,540.00 200.00 200.00 200.00 700.00 200.00 200.00 200.00 200.00 200.00 700.00 200.00 200:@J 1,500.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 1,600.00 100.00' 247.52 608.25 282.59 245.86 6,087.52 6,448.25 6,122.59 6,585.86 7,340.00 5,840.00 Media Events (in Feeder Markets) 1,000.00 Cli 1,000.00 1,000.00 4,500.00 Trade Shows 7,500.00 Advertising & Co-ops Sales Missions 7,500.00 7,500.00 7,500.00 37,190.00 14,690.00 54,690.00 Initiatives 15,393.00 15,393.00 15,393.00 Supplies Promotional Items Diesel 250.00 250.00 250.00 Repairs and Maintenance 200.00 200.00 200.00 Sprinter Van Insurance 270.00 270.00 270.00 S rlnter Van Stora e 205.00 205.00 205.00 16,318.00 16,318.00 16,318.00 Rent 4,500.00 4,500.00 4,500.00 Supplies 1,000.00 1,000.00 1,000.00 Programming 3,000.00 3,000.00 3,000.00 Staffing 4,500.00 4,500.00 4,500.00 Janitorial 515.00 515.00 515.00 Furniture 500.00 500.00 500.00 Printing and Production 10,000.00 Postage 800.00 800.00 800.00 Trade Shows 6,350.00 -5,000.00 Sports Trade Shows 3,000.00 3,000.00 - Sales Marketing 6,250.00 6,250.00 6,250.00 Sports Sales Marketing -2,500.00 Lead Generation 3,889.00 3,889.00 3,889.00 Sports Lead Generation 600.00 600.00 600.00 Sales Activities 2,000.00 - Site Visits I FAMS 2,000.00 Client Engagement 2,500.00 2,500.00 2,500.00 Bid Activities --- Sports Bid Activities 4,200.00 4,200.00 4,200.00 Local Champions Program --- Research 2.050.00 I 2,050.00 2,050.00 Sports Research --1,000.00 Professional Development --1,500.00 Sports Academy Professional Development 500.00 1,400.00 500.00 Software Subscriptions 150.00 150.00 150.00 Travel 1,100.00 1,100.00 1,100.00 I 32,589.00 27,139.00 31,239.00 Digital 10,500.00 10,500.00 10,500.00 Branding Initiatives 5,000.00 -- Print Advertising ---I 15,500.00 10,500.00 10.soo.oo I Website Service --$29,000 Software Subscriptions 690.00 690.00 690.00 690.00 690.00 29,690.00 I Visual Assets 12,500.00 2,500.00 2,500.00 12,500.00 2,500.00 2.soo.00 I Agency Fees 1,000.00 1,000.00 1,000.00 Media Visits (in Fort Collins) --2,500.00 Account Item Jan-25 I Feb-25 I Mar-25 83,142.88 89,792.00 90,252.00 83,142.88 89,792.00 90,252.00 I Wages 19,439.10 19,439.10 19,439.10 '·" 19,439.10 19,439.10 19,439.10 Payroll Taxes 1,973.25 1,973.25 1,973.25 Unemployment Taxes 174.41 174.41 174.41 Workers Compensation 100.00 100.00 100.00 Employee Insurance 750.00 750.00 750.00 Employee Benefits 400.00 400.00 400.00 '' 3,397.66 3,397.66 3,397.66 22,836.76 22,836.76 22,836.76 Accounting/Legal 4,000.00 4,000.00 4,000.00 Bank Charges 50.00 50.00 50.00 Travel/Education -1,600.00 2,500.00 Supplies 700.00 700.00 700.00 Office Rent 790.00 790.00 790.00 ,,, 5,540.00 7,140.00 8,040.00 Telephone -Cellular 200.00 200.00 700.00 200.00 200.00 700.00 Computer Software Purchase --- Computer Equipment --1,500.00 Maintenance 100.00 100.00 100.00 100.00 100.00 1,600.00 Board of Directors Expense 10,092.09 -,-5,840.00 17,532.09 10,340.00 NEW! iTetal Public Relations Leisure Sales jTotal Leisure Sales TOT AL Marketing Destination Development TOT AL Destination Development Visitor Services Visitor Service Expense NEW under Visitor Services from Admin NEW! NEW under Visitor Services from Admin 188030 188010 T84500 184600 T84700 T86040 186010 T86020 162041 162039 T62038 TXXXXX T83019 T83020 T83018 183017 T83015 T62084 162070 T62050 FCTID Revenue Total Income Account Category Employee Expense Salaries/Wages �otal Salaries/Wages~ T61010 Payroll Related otal Payroll Related -T61020 TOTAL Employee Expense Administrative and General Administrative General [otal Administrative and General -T62000 Telephone &otal Telephone -T62070 Equipment/Computer Lease iTotal Equipment/Computer Lease -T62080 TOT AL Administrative and General Account# T41000 T61012 T61022 T61024 T61026 T61028 T61030 T62002 T62006 T62034 T62025 T63000 T62078 T62085 T62086 T62087 62300