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HomeMy WebLinkAboutStaff Report - Sponsor FundKITTITAS VALLEY EVENT CENTER Home of the Kittitas County Fair and Ellensburg Rodeo 901 E. 7th Ave, Suite 1, Ellensburg, WA 98926 EventCenter@co.kittitas.wa.us Office (509) 962-7639 Fax (509) 962-7010 AGENDA STAFF REPORT AGENDA DATE: August 17, 2021 ACTION REQUESTED: Request to Approve a Resolution Establishing Fund for Capital Improvements at the Kittitas Valley Event Center BACKGROUND: The Event Center Director is requesting approval for a Resolution establishing a fund for capital improvements. KVEC already has fund 309 for Rodeo Grounds improvements and wants to change the name to KVEC Capital Improvements to encompass all the widely aging facilities at the fairgrounds in need of maintenance, repairs, and improvements. KVEC is initializing a new facility sponsor program to bring in more revenue for the Event Center to help complete projects that might not be able to be completed in the annual approved General Fund Budget. The revenue from this sponsor program is solely to be designated into this Capital Improvements fund. INTERACTION: Kittitas Valley Event Center Kittitas County Auditor’s Office Board of County Commissioners RECOMMENDATION: Approve Resolution Establishing Fund for Capital Improvements at the Kittitas Valley Event Center HANDLING: 1 Original – Clerk of the Board 1 Copy – Event Center Director ATTACHMENTS: Resolution LEAD STAFF: Kady Porterfield, Kittitas Valley Event Center Director