Title
RESOLUTION AUTHORIZING AN AGREEMENT WITH SE GROUP TO UNDERTAKE FINANCIAL ANALYSIS, A STRATEGIC BUSINESS PLAN, AND AN ECONOMIC IMPACT ANALYSIS FOR SPIRIT MOUNTAIN RECREATION AREA IN SUPPORT OF THE SPIRIT MOUNTAIN TASK FORCE.
Body
CITY PROPOSAL:
WHEREAS, Mayor Emily Larson has charged a Spirit Mountain Task Force to deliver recommendations for Spirit Mountain Recreation Area to achieve long-term financially sustainability including financing to address deteriorated infrastructure.
WHEREAS, Mayor Emily Larson has directed the Spirit Mountain Task Force to examine all options to achieve financial sustainability including business improvement strategies, capital infrastructure right-sizing and renewal, adjustments to tourism tax support, strategic partnerships, and opportunities that may exist for sale, lease, contract management, and/or real estate development.
WHEREAS, the SE Group has submitted a proposal attached as Exhibit A to undertake financial analysis, market analysis, a strategic business plan, and an economic impact analysis designed to help the Spirit Mountain Task Force fulfill its charge.
RESOLVED, that the proper city officials are hereby authorized to enter into an agreement with SE Group to undertake financial analysis, a strategic business plan, and an economic impact analysis for Spirit Mountain Recreation Area (SMRA) in support of the Spirit Mountain Task Force as proposed in Exhibit A for an amount not to exceed $74,000 from fund 110-700-1407-5319 (General Fund, Transfers and Other Functions, Miscellaneous, Other Professional Services) and that tourism tax funds will reimburse the General Fund for this cost if collections do better than the fifty percent projected collection shortfall.
Statement of Purpose
STATEMENT OF PURPOSE: This resolution authorizes an agreement with SE Group to undertake financial analysis, a strategic business plan, and an economic impact analysis for Spirit Mountain Recreation Area in support of the Spirit M...
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