Board of Directors Regular Meeting Agenda


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Meeting Date: 05/16/2019  

SUBJECT MATTER:
Receive, consider and act upon a report on the 2019 Inspire Film Festival; 
FISCAL IMPACT:
There is minimal expense to the Township related to the Host Venue Sponsorship Agreement with no lost revenue as fees have not been assessed for the venue.  As the festival is growing in local, state, national and international acclaim, there may be additional sales tax and hotel occupancy revenue to the Township due to hosting the event.  The Convention and Visitors Bureau (CVB) Board of Directors approved a $25,000 Advertising Partnership Agreement with the Festival for the 2019 event. 
BACKGROUND:
In January 2018, the Township Board of Directors approved a one-year Host Venue Sponsorship Agreement with Inspire Film Festival (IFF) to host the festival at Township owned and operated facilities.  As the Film Festival was highly successful, a three-year Host Venue Sponsorship Agreement was approved in September 2018. The agreement terminates at the conclusion of the 2021 IFF absent a renewal or early termination (Attachment A). 

Based on national film festival formats, Inspire Film Festival opened to raving reviews and even sold out venues. It is the belief from many that this festival, which is unique in featuring inspirational films, will continue to grow in local, state, national and international acclaim.

IFF Founder Jane Minarovic will present a report on the 2019 Inspire Film Festival to the Board of Directors at the May 16 meeting offering highlights and future plans (Attachment B).
RECOMMENDATION:
Receive and accept the report.
Attachments
Attachment A - Host Venue Sponsorship Agreement Inspire Film Festival
Attachment B - Report on 2019 Inspire Film Festival


    

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