Richmond Celebrates Soccer Signature Event Location and Proposed Business Terms for a Contribution Agreement

Agreements with Tourism Richmond and the Richmond Hotel Association Tourism Richmond and the Richmond Hotel Association have indicated support to provide $400,000 of the $600,000 cost for the Council-approved Richmond Celebrates Soccer program. Should Council approve the following proposed business tenns for agreements with Tourism Richmond and the Richmond Hotel Association they will serve as the basis for the development and execution of a contribution agreement with each organization. Table 3 - Summary of Proposed Business Terms for Agreements with Tourism Richmond and the Richmond Hotel Association Topic City of Richmond Tourism Richmond/ Richmond Hotel Association Contribution N/A Tourism Richmond - $250,000. Amount Richmond Hotel Association - $150,000. Required Services The City will deliver the Richmond Tourism Richmond will participate in the Celebrates Soccer Event Program Richmond Celebrates Soccer Working as detailed in Attachment 1. Group and support the marketing and communication of the Richmond Celebrates Soccer program.

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