Report Prepared by: Jennifer Flachman, Senior Management Analyst, Public Information Officer
Title
SUBJECT: Approval of a Supplemental Appropriation from the General Fund not to Exceed $48,000 to Host the Second Annual Gran Fondo Hincapie Cycling Event on March 14 -15, 2025, Approval of a Participation Agreement with Hincapie Events, LLC, and Authorization to Accept Donations of $30,000 or More in the General Fund
REPORT IN BRIEF
Considers approving a supplemental appropriation from the General Fund not to exceed $48,000 to host the second annual Gran Fondo Hincapie Merced Bike Event, Family Festival & Expo on March 15, 2025, approve participation agreement with Hincapie Events, LLC, and authorize acceptance of donations of $30,000 or more in the General Fund.
RECOMMENDATION
City Council - Adopt a motion:
A. Approving a Supplemental Appropriation from the unreserved, unencumbered fund balance of the General Fund in the amount of $48,000 to host the Second Annual Gran Fondo Hincapie Cycling Event; and,
B. Approving the participation agreement with Hincapie Events, LLC.; and,
C. Authorizing acceptance of donations of $30,000 or more in the General Fund for the Gran Fondo Hincapie to offset the Supplemental Appropriation of $48,000; and,
D. Authorizing the Finance Officer to make the necessary budget adjustments; and,
E. Authorizing the City Manager to execute the necessary documents.
Body
ALTERNATIVES
1. Approve, as recommended by staff; or,
2. Approve, subject to modifications as conditioned by Council; or,
3. Deny the request completely; or,
4. Refer back to staff for reconsideration of specific items as requested by Council; or,
5. Continue item to a future Council meeting (date and time to be specified in City Council motion).
AUTHORITY
Charter of the City of Merced, Section 200
CITY COUNCIL PRIORITIES
Council Goals and Priorities for Economic Development Promoting Tourism
DISCUSSION
The Hincapie Gran Fondo gravel bicycle event was ...
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