Councilmember Knorr raised concerns about the full accounting of the city's
investment, emphasizing that Steve LeVine Entertainment does not pay facility rental
fees, which Mr. Konold estimated at $39,420. There was general discussion regarding
the overtime and in-kind costs being incorporated into future event costs to increase
transparency in the total costs of similar events.
Mayor Smith emphasized the distinction between the Wild West Music Fest as a
tourism event and other city recreational programs, underscoring its primary aim to
increase local business revenue through tourism. She reiterated that this event is part
of a strategic initiative to draw visitors to Maricopa, thereby supporting local commerce
and community growth. She shared that this approach is aimed at circulating more
money within the city, ultimately benefiting local businesses and residents. Mayor
Smith also highlighted the significant $2.84 million economic benefit achieved through
the festival, considering it a noteworthy return on the city’s $250,000 investment and
illustrating solid local and regional interest.
Councilmember Goettl strongly advocated establishing well-defined, clear benchmarks
like economic impact, local business revenue generated, and other traceable metrics
to comprehensively evaluate the promoter, Steve Levine Entertainment's, performance
in a critical and consistent manner, measuring their success against specific
expectations. He emphasized that these benchmarks should not only be precise but
also cover a broad spectrum of measurable outcomes.There was general discussion
regarding establishing such benchmarks would be crucial in evaluating whether the
economic and promotional objectives of the Wild West Music Fest were being met.
Vice Mayor Wade, along with Councilmembers Knorr and Goettl, suggested the
inclusion of other organizations in future tourism events. There was general discussion
regarding the potential for the city to open bid processes, allowing for a diverse range
of partners to participate in event production, which would ensure not only the growth
and enhancement of tourism but also promote fairness and inclusivity.
Councilmember Manfredi highlighted the economic multiplier effect, elaborating that
the $2.84 million impact from the Wild West Music Fest could potentially expand to as
much as $14 million as the money continues to circulate within the local economy. He
explained that when employees, especially those working in food and beverage
sectors, earn wages from such events, they tend to spend those earnings on various
incidentals within Maricopa, which further boosts the local economy. Councilmember
Manfredi advocated strongly for both entertainment and sports tourism, emphasizing
that drawing external funds into Maricopa through such avenues would not only
enhance local commerce but also reduce the necessity for residents to spend outside
the city. He projected enthusiasm for the continued growth and potential of Maricopa,
citing the importance of both unique events like the Wild West Music Fest and more
frequent attractions, such as live performances at local venues. Councilmember
Manfredi concluded by expressing his eagerness to see Maricopa thrive as a
destination city, where both entertainment and sports tourism play a crucial role in
retaining local spending and fostering economic growth.
Mr. Konold shared that the contract with Steve LeVine Entertainment extends through
2027, with the need for annual renewals to continue each event year. He mentioned
that the city is currently in the process of negotiating the terms for the third-year
contract. He emphasized that these discussions remain on analyzing and strategizing
based on the economic impact trends of the event, which have shown promising
outcomes like a significant swing from an approximate $251,000 deficit in the first year
to an approximate $2,315 profit in the second year. Lastly, Mr. Konold shared that this
economic focus aligns with the city's broader goals to enhance local business revenue
and Maricopa's regional profile through event tourism.
The Presentation was heard.