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4.3 Host Hotel*Is there a hosl ltotel fot yoLtr eveltt or grant project? lf yes, list the hotel, <br />o, No <br />Yes. <br />5l Future Plans <br />Please explain what plans exist to allow this project to become self-sustaining. Include any plans for ticket sales, <br />event sponsors, and other cost-recovery models. <br />Future Plans *The Cle EIum Downtown Association has been able to identify additional <br />opportunities to help with our budget. As costs of events increase, primarily due to <br />the need to offer safe environments through additional PPE supplies, we are already <br />reviewing this rncrease and looking at options that will help. <br />Through increased opportunities for businesses sponsorships, we have been able to <br />help cover some costs of our events. This outcome is relatively new for our <br />association, and it is an opportunrty that corporate businesses are looking for. As a <br />result, our sponsorship oppodunities have not only grown in the number of <br />sponsors, but also at the sponsorship level. <br />Our new "Partnership" donor program will soon be online. The intent is to encourage <br />businesses, organizaiions, corporations, and individuals to support their association <br />through differeni parlnership donor levels. A portion of funds from this program can <br />be allocated to event budgets. <br />With the success of an increase in the Main Street Tax lncentive Program, our <br />association will be able to obtain additional B&O tax dollars from businesses who <br />are interested in donating and receiving a tax incentive credit. A portion of this <br />increase will be added to the Promotion's Cornmittee budget for rnarketing and <br />events. <br />2500 tharacter lir!il <br />Application Questions: Parl 4 <br />6l Additional lnformation <br />Provide any additional information which will assist the Lodging Tax Advisory €ommittee in evaluating your <br />project and its benefit to tourism.