Board of Directors Regular Meeting Agenda


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Meeting Date: 03/23/2016  

SUBJECT MATTER:
Receive, consider and act upon a update on the 2016 Ironman Texas;
FISCAL IMPACT:
The economic impact of the Memorial Ironman Texas event to the region is estimated to be $15.9 million.   The Woodlands Convention and Visitor's Bureau provides the event $30,000 per the Host Venue Sponsorship Agreement.  The Woodlands Township provides in-kind support services.  The Ironman Foundation provides $100,000 in donations to local charities.  
BACKGROUND:
 The Woodlands Township and Woodlands Convention and Visitors Bureau entered into a five-year agreement with the World Triathlon Corporation (WTC) to host the Memorial Hermann Ironman Texas.   The first event was held in May 2011.  Recently, the Boards approved a five-year extension for years 2016 through 2020.

The 2016 Memorial Ironman Texas event is scheduled for May 14.  WTC/ Ironman representatives will update the Board of Directors on the status of the upcoming event and related issues regarding the bicycle segment routes and approvals to use the roadways.

 
RECOMMENDATION:
Accept the report.

    

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