Board of Directors Regular Meeting Agenda


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Meeting Date: 04/27/2016  

SUBJECT MATTER:
Receive, consider and act upon a presentation on the 2016 Woodlands Marathon;
FISCAL IMPACT:
The Woodlands Township, per the terms of the Host Venue Sponsorship Agreement (Attachment A) with The Woodlands Marathon Management, LLC, (TWM) waives the reservation fees related to the use of Town Green Park, provides a magazine article in the Community Magazine of The Woodlands, and provides 40 tents and other in-kind services in support of The Woodlands Marathon. The total value of Township support is approximately $2,500. In addition, TWM is required to donate no less than $20,000 on an annual basis to not-for-profit organizations; and no less than $1,000 to the Township for use within the Parks and Recreation Department.
BACKGROUND:
The Woodlands Township entered into a five-year Host Venue Sponsorship Agreement with The Woodlands Marathon Management, LLC. to host The Woodlands Marathon. The fifth event was held March 5, 2016, and the Race Director Willie Fowlkes will present a report on the event.
RECOMMENDATION:
Attachments
Attachment A - Woodlands Marathon Host Venue Sponsorship Agreement


    

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