SUBJECT
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Discussion with possible action to enter into an Agreement with the Laredo PONY Association for sponsorship in an amount not to exceed $60,000.00 of the 2024 Super Regional Baseball Tournament to be held from July 5 through July 7, 2024, and the South Zone Colt & Palomino Tournament Baseball Tournament to be held from July 17 to July 20, 2024, and World Series Bronco & Palomino Baseball Tournament to be held from July 25 to the 29, 2024. It is anticipated that over 80 teams will participate from throughout the United States, Mexico, Europe, and, Asia. Funding is available in the Convention and Visitor's Bureau Fund.
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PREVIOUS COUNCIL ACTION
City Council approved Laredo PONY Association sponsorship in June 2023
BACKGROUND
City Council has previously approved sponsorship for Laredo PONY Association in 2021, 2022, and 2023.
COMMITTEE RECOMMENDATION
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STAFF RECOMMENDATION
recommendation
Yes
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Fiscal Impact
Fiscal Year: 2024
Budgeted Y/N?: Y
Source of Funds: CVB Funding
Account #: 250.5315.553.5606
Change Order: Exceeds 25% Y/N: N
FINANCIAL IMPACT:
Sponsorship in the amount not to exceed $60,000