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Res 105-2017 8/1/2017Resolution No. 105-2017 Resolution approving the programs and expenditures of the Wichita Falls 4B Sales Tax Corporation Board of Directors and amending the budget to include funding up to $10,000 for the Professional Wrestling Hall of Fame Museum WHEREAS, Texas Local Gov't. Code § 501.073(a) provides "The corporation's authorizing unit will approve all programs and expenditures of a corporation and annually review any financial statements of the corporation;" and, WHEREAS, on June 30, 2017, the Wichita Falls 413 Sales Tax Corporation (4BSTC) approved the project listed below and as stated in its agenda. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: 1. The Wichita Falls 4B Sales Tax Corporation's approval and funding of the following programs and expenditures, in a total amount not to exceed $10,000 as described below and in said corporation's agenda, is approved: Enhancement Items for the Professional Wrestling Hall of Fame Museum at 712 8t" Street in the amount of $10,000. 2. The current fiscal year budget of the 4B Sales Tax Corporation is amended to provide for the aforementioned expenditures and changes thereto. PASSED AND APPROVED this the 1st day of August, 2017. 'M—AYbR A ATTEST: City Cl`e k Professional Wrestling Hall of Fame & Museum 712 Sch Street, Suite 100, Wichita Falls, TX 76301 1- 44-30 -7 4 ( F)940-264-8123 Info ' whf.org Website:, w. pw f.or June 2, 201 Jim Mockery Deputy City Manager 1300 Th Street P.C. Box 141 Wichita Falls, TX 76307 r. Dockery The Professional Wrestling Hall of Fame and Museum (P ), a registered 501c3 non-profit organization, has been open in downtown Wichita Falls in the iconic Big Blue Building for going on 14 months. The PVVHF Board President Johnny Iwlantell talks about the PWHF, the City of Wichita Falls, the wonderful downtown and this iconic building every place he goes. He's given talks to organizations all over North Texas, as well as done media and radio podcasts from alb over the World, always promoting the real history of wrestling but always including the downtown area and City of Wichita Falls, TX_ Just two weeks ago the 1601 Annual Induction events were held in downtown. Activities included a Comedy Show (held in the Big Blue Lobby where 96 people attended), even though the planned raper -air wrestling show had to be moved indoors of the Farmers Market Building close to 500 true wrestling fens attended to see 12 of the top independent wrestling talent traveling today, then an estimated 3,000 fans walked through the Fantest and Museum on Saturday (free admission on Induction clay) prior to the Induction Banquet, Fans attended from right here in the Texoma (Wichita Falls, Lawton & surrounding areas), Canada, Japan, ,New Zealand and all over the United States. Our host hotel was the Bay ont Inn & Suites on bell West (where the new owners bent over backwards to cover what the past owner had promised) which we sold out in a matter of days, but also had participants and attendees staying at the EconcLo ge, Days Inn, Homewood Suites, LaQuinta Ines, Quality Inn, America Best Value, Hampton Inn, rseveral stayed with local AirBNB facilities and one rented a RV space at Coyote Banco for 5 days, there may be other lodging locations but these are the ones we are sure of. A fear of the attendees extended their stays by a couple days to explore the area and real estate options about possibly moving to this area, all because of the PWHF. The fact here is that people did not just attend our Induction weekend for a day trip but stayed several days, rented vehicles, bought food & drink, spent money in downtown and all over the city. It was amazing to hear attendees that attended in 2016 talk about seeing the growth of the area surrounding g the museum and downtown area since last year's induction. Now all those are something that the PWHF as well as the City of Wichita Palls and downtown should be excited about. With the PUt HF being a non-profit organization, the completion of moving all our displays, on -going issues with the building„ constantly receiving new and exciting items for display which then need places and mannequins to use to display those items and ran -going costs of operations put a drain on the funds of our organization. From day one, everything this organization does highlights the history of professional Wrestling but with emphasis on the rich history here in Wichita palls while encouraging the revitalization of the downtown we are so proud to be a part of. Ilpw are just a few of the costs from this past year's recent Induction,, plus a few items that the PWHF Board would like to request assistance with, If you have any questions, please feel free to contact the president of the Board of Directors, Johnny lantell at 0-2 2-5 13 Professional Wresting Hall of Fame and Museum 16 th Annual Induction — May2Wh 2017 Vendor I Rome Notes I Activity Amount Spent Travel — Airfare For Inductees /families $6,134,83 Lodging — only for inductees, Inductees & Wrestlers — $11,268.91 past hall of farriers, families Baymont & Econolodge 2011 Bistro & Ribs Inc Board of Director Social (5/19) $2,528.16 & Banquet (5/20) B&C Printing, Texoma Posters, Programs, Tickets, 2- $5488.50 Calendar, Presque Isle Printing sided cards, print ads - Promotional Materials -induction G9 Graphix, Acugraphics — & Logo shirts, caps — $4840,:i6 Promotional Merchandise youth & adult — all items have Wichita Falls, TX with logo Cumulus Radio, KFDX Radio & TV advertisements $1700,00 Special Events items — Tents, chairs, stage, sound, $5757,70 Century Tents & Mayfield video wall, recording, photos Events Total impressionable 37,71856 I., expenses -I Professional Wrestling Hall of Fame and Museum Enhancement requests. Items I Vendor Description Amount Required Q,esignWorks or other Digizing Digitize TV tapes that are $10,000 / mix of tapes company available owned by the PWHF 31Z TV tapes and VHS tapes to DVDS TVs for displays of wrestling LED HD TVs 56'-60" $500-$1,000 each depending on quality and brand $2,000 OR Digital Advertising TV bundle $1,400,00 each with poster stand & holder 46' TV with 60'x2l .5' stand/poster $2,800-00 New glass displays At least 4 required for new $4,000 displays for museum LED Lights for Museum - 16 LED lights to replace iridescen $2,500 lights to cut electricity costs and protect museum materials ---�3-00+each Mannequins MoFe mannequins are required (would like as many as could get) 20