Saturday, July 6, 2013

GVAC Directors Agree To RBC Request:

This was in Fridays Morning Star Newspaper:

GVAC directors agree to RBC request

By Richard Rolke - Vernon Morning Star

 Published: July 05, 2013

Greater Vernon taxpayers are hitting the ice to support a national sports event.

The Greater Vernon Advisory Committee agreed Thursday to waive its cut of merchandize sales for the 2014 Royal Bank Cup and absorb the cost of providing clean ice at Kal Tire Place.

“The ask was reasonable and fairly small,” said Mike Macnabb, GVAC chairperson, of the request from the RBC host committee.

“The event will be good for the community. Vernon is a big hockey town and there will be a lot of support from that faction.”

The host committee will also be allowed to control food and beverage service in VIP areas during the national junior hockey championships May 10 to 18, 2014.

GVAC will also allow a second zamboni to be used.

The financial impacts from waiving the percentage of merchandise and controlling food and beverage service in certain areas is not known.

It will cost $8,000 to clean the ice (clearing logos) and $2,500 for the second zamboni (staff time).

The funds will come from an account GVAC uses to encourage special events to be held at Kal Tire Place.

“This is an excellent example of what the seed money was intended for,” said director Bob Fleming.

Beyond these recent decisions, GVAC has already committed free use of Kal Tire Place for the RBC Cup.

That amounts to $22,200 in lost rental fees.

The City of Vernon has provided $14,450 in hotel room tax revenue for marketing.

In return for assistance, GVAC is asking the host committee to pay back the cost of the ice resurfacing and the additional zamboni if the event generates a profit.

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