QQQQ 960411 BLUE File Reference Number: 2204 TT 960509 SUPPORTS ITEM NO. 1 CS&B COMMITTEE AGENDA MAY 9, 1996 ADMINISTRATIVE REPORT Date: April 11, 1996 TO: Standing Committee on City Services and Budgets FROM: Director of Finance SUBJECT: Grant Request - 1997 Canadian Figure Skating Championships RECOMMENDATION THAT Council NOT approve the grant request of $76,000 from the Canadian Figure Skating Association. GENERAL MANAGER'S COMMENTS The General Manager of Corporate Services RECOMMENDS approval of the foregoing. COUNCIL POLICY City Council, on April 29, 1986, adopted a policy that it would not consider financial support, in the form of hospitality grants or otherwise, to conventions being held in Vancouver, sport teams holding championships in Vancouver or to other events of this nature, except that when senior staff, in their professional capacity, are directly involved in the event, and that when the topic is particularly relevant to the business of the City. Approval of grant requires eight affirmative votes of Council. BACKGROUND The Canadian Figure Skating Championship is an annual event organised by the Local Organising Committees of the Canadian Figure Skating Association. The City of Vancouver has been selected to host the 1997 Canadian Figure Skating Championships from February 6 to February 19, 1997, at General Motors Place. The Championship is a commercial event, with the net proceeds going to support figure skating programs. The 1997 event in Vancouver is expected to generate an economic benefit of $15 million to the province. Tourism Vancouver is involved with the Local Organising Committee to provide assistance in the organisation of the event. Various levels of government and the business community have been contacted and arrangements are being made for the 1997 event. DISCUSSION Following the receipt of the request from the Canadian Figure Skating Association, B.C. Section, (Appendix A), staff have contacted Mr. Brad Boyes, Local Organising Committee Sponsorship Chair, and have received further details on the request. The Committee is looking for the City to provide a grant of $51,000 to cover the rental cost of the arenas at the Pacific National Exhibition, as well as a grant of $25,000 to host a hospitality event, for a total of $76,000. The hosting of the Canadian Figure Skating Championship requires three arenas. A contract has been reached to hold the junior and senior event at General Motors Place. For the novice event and for practice ice, the Local Organising Committee has contacted the Pacific National Exhibition for the use of the Coliseum and the Agrodome. Rental for these two facilities is estimated to be $51,000. The Local Organising Committee is also looking for the City of Vancouver to host a hospitality event at an estimated cost of $25,000. The $25,000 represents the total cost of the event which could be reduced if other sponsors can be bought in to share the cost. Staff have advised the Local Organising Committee that their grant request does not comply with current Council policy, and staff would be recommending that the request not be approved on that basis. However, the Local Organising Committee is also putting in a bid to host the World Figure Skating Championship in Vancouver in 2002, and they believe that the success of the 1997 Canadian Figure Skating Championship would greatly influence the success of that bid. The Committee believes that these two events are of significant importance to the City of Vancouver and the Chair would like to have an opportunity to address Council on the issue. The Director of Finance submits this request to Council with the recommendation that the request not be approved. It is also noted that the Provincial sales and income taxes allow the Province to capture back some of the economic benefits of events like this one. The City s property tax has no such capability, and therefore the City will not benefit financially from either the 1997 or 2002 events. However, should Council decide to provide financial support to the event, the source of funds for the grant is Contingency Reserve. * * * * *