Agenda Packets - 2024/04/08 - Laserfiche WebLink

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4191P TWIN CITII� GATEWAY Mounds View 2024 Member City Grant Agreement This Agreement between the City of Mounds View, 2401 Mounds View Blvd., Mounds View, MN 55112, hereinafter the "City," and Twin Cities Gateway, a Minnesota non-profit corporation, 7071 University Avenue NE Fridley, MN 55432, hereinafter the "Bureau," contains the terms and conditions for a grant to the City in the amount of $10,620 from the Bureau. Whereas the grant funding provided is based on local option lodging taxes collected by the City and the nine other member cities of the Bureau and Whereas the City agrees to expend the grant funding in compliance with MN Statute 469.190 which states the proceeds shall be used for the purpose of marketing and promoting the City as a tourist or convention center and Whereas the Bureau has specified that grant funds must be used for advertising, marketing, and promotional efforts to increase participation, attendance, or visitation to an event, activity, or facility located within the City, and / or to add new activities to enhance existing events, and Whereas the Bureau specifies that advertising, marketing, and promotional efforts for which said grant funding is used must extend beyond the borders, or boundaries of the City and Whereas it is agreed that prior to December 31, 2024, the City will provide an overview of how the Bureau grant funding was utilized and, in accordance with this Agreement, documentation of actual expenses by providing copies of actual receipts or invoices. Now by execution of this Agreement, the City and the Bureau agree to and approve the terms: By: City of Mounds View By: Al Stauffacher / Twin Cities Gateway Signature Date: Date: Signature