Agenda Text
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Requesting approval to accept a payment of $200,000 from the Wynn Casino Surrounding Community Agreement to the COVID 19 Stabilization Fund to provide Covid Relief grants to the artist and cultural community.
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Official Text
To the Honorable City Council:
I respectfully request that your Honorable City Council accept $200,000 in FY2020 and FY2021 annual payments from the Wynn Casino Surrounding Community Agreement to the COVID 19 Stabilization Fund for the purpose of providing Covid relief grants to the artist and cultural community.
Under the Agreement, Wynn Casino is obligated to provide $100,000 each year to support the broad range of cultural events, street fairs, art shows/festivals and related activities that promote the community's heritage, quality of life, recreational and cultural activities.
The $200,000 represents the FY 2020 and FY2021 payments.
My staff will be available to answer any questions you may have. Thank you for your consideration of thi matter.
Respectfully Submitted,
Joseph A. Curtatone, Mayor