COA Relief Recovery Program — original pdf

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UPDATE: DOWNTOWN COMMISSION December 16, 2020 Completed Relief & Recovery Programs SAVES Austin Live Music Venue Preservation Fund Live Music Fund Event Program Economic Development Department Completed Relief & Recovery Programs ➢ Federal CARES Funding – Live Music and Performance Venues C I T Y O F A U S T I N E C O N O M I C D E V E L O P M E N T 00/00/00 2 CARES Funded Total Awards for Live Music & Performance Venues772,728.14$ 401,979.14$ Total Awards for Live Music Production135,757.65$ 75,757.65$ Total Awards for Live Music Studios73,356.70$ 7,039.70$ Total Awards for Entertainment or Nightlife Venues36,543.00$ 1,543.00$ Total Awarded to Music or Music Businesses & Venues981,842.49$ 484,776.49$ Completed Relief & Recovery Programs ➢ Small Business Grants C I T Y O F A U S T I N E C O N O M I C D E V E L O P M E N T 00/00/00 3 AwardBusiness NameBusiness DBAIndustry $ 40,000.00 Cheer Up Charlies LLCCheer Up CharliesLive Performance/Music Venues $ 25,258.24 Donnar Inc.Donn's DepotLive Performance/Music Venues $ 1,543.00 11E5 LLCFair MarketEntertainment or Nightlife Venues $ 40,000.00 Hooms Inc. FriendsLive Performance/Music Venues $ 33,193.00 Hotel Big Chief LLCHotel VegasLive Performance/Music Venues $ 29.94 Kick Butt CoffeeKick Butt Coffee Music & BoozeLive Performance/Music Venues $ 40,000.00 Tubbs One-2-One LPOne-2-One BarLive Performance/Music Venues $ 11,170.25 Santa Cruz Collective LLCSanta Cruz TheaterLive Performance/Music Venues $ 40,000.00 El Leons East LLCStay GoldLive Performance/Music Venues $ 2,167.00 13th Floor Management/ Moloko barThe 13th FloorLive Performance/Music Venues $ 40,000.00 Belmont Interests, LLCThe BelmontLive Performance/Music Venues $ 34,919.86 Continental South Congress CorpThe Continental ClubLive Performance/Music Venues $ 40,000.00 The Lost Well, LLCThe Lost WellLive Performance/Music Venues $ 15,240.85 BlancoNegro LLCThe North DoorLive Performance/Music Venues $ 40,000.00 The White Horse Honky Tonk LLCThe White HorseLive Performance/Music Venues $ 16,153.38 Boss Radio Music ServicesBoss Radio Music ServicesLive Performance/Music Venues (Production) $ 9,043.58 Event Production Services LLCEPSLive Performance/Music Venues (Production) $ 10,560.69 Moontower Entertainment LLCMoontower EntertainmentLive Performance/Music Venues (Production) $ 40,000.00 Werd Media Labs, LLCThe Werd CompanyLive Performance/Music Venues (Production) $ 3,057.77 Ohm Recording FacilityChico JonesLive Performance/Music Venues (Studio) $ 2,046.84 Same Sky Productions, Inc.Same Sky ProductionsLive Performance/Music Venues (Studio) $ 1,935.09 King Electric RecordingKing Electric RecordingLive Performance/Music Venues (Studio) $401,979.14 Total Awards for Live Music & Performance Venues $ 75,757.65 Total Awards for Live Music Production $ 7,039.70 Total Awards for Live Music Studios $ 1,543.00 Total Awards for Entertainment or Nightlife VenuesCompleted Relief & Recovery Programs ➢ Austin Economic Injury Bridge Loan C I T Y O F A U S T I N E C O N O M I C D E V E L O P M E N T 00/00/00 4 AwardBusiness NameBusiness DBAIndustry $ 20,400 Halversonics RecordingHalversonics RecordingLive Performance/Music Venues (Studio) $ 35,000 Voodoo RoomVoodoo RoomEntertainment or Nightlife Venues $ 30,000 Bliss ProductionsBliss ProductionsLive Performance/Music Venues (Production)35,000$ Total Awards for Entertainment or Nightlife Venues30,000$ Total Awards for Live Music Production20,400$ Total Awards for Live Music StudiosCompleted Relief & Recovery Programs ➢ Creative Space Disaster Relief Program C I T Y O F A U S T I N E C O N O M I C D E V E L O P M E N T 00/00/00 5 AwardBusiness NameBusiness DBAIndustry $ 45,500 Antone's/Arlyn Studios/Lambert'sAntone'sLive Performance/Music Venues $ 47,500 Mohawk Austin (Austin Hawk LP)The MohawkLive Performance/Music Venues $ 2,077 Cheer Up CharliesCheer Up CharliesLive Performance/Music Venues $ 47,500 Hole in the WallHole in the WallLive Performance/Music Venues $ 30,601 Three's Company LLC / Hotel Vegas / Hotel Big ChiefHotel VegasLive Performance/Music Venues $ 21,693 Kick Butt Coffee LLC and Master Gohring IncKick Butt CoffeeLive Performance/Music Venues $ 37,980 Parker Jazz ClubParker Jazz ClubLive Performance/Music Venues $ 45,500 Prestige Worldwide Event Center, LLC DBA The Venue ATXThe Venue ATXLive Performance/Music Venues $ 45,917 RealMusic Events LLCRealMusic EventsLive Performance/Music Venues (Studio) $ 26,208 Southern Burgers and BistroSouthern Burgers and BistroLive Performance/Music Venues $ 45,500 The Continental ClubThe Continental ClubLive Performance/Music Venues $ 20,690 The Electric ChurchThe Electric ChurchLive Performance/Music Venues370,749$ Total Awards for Live Music & Performance Venues45,917$ Total Awards for Live Music StudiosSave Austin's Vital Economic Sectors (SAVES): ➢ Austin Live Music Venue Preservation Fund Austin Live Music Venue Preservation Fund • Austin City Council established the $15 million Save Austin’s Vital Economic Sectors (SAVES) Fund through Ordinance No. 20201001-052. • Austin City Council adopted the final guidelines for the $5 million Austin Live Music Venue Preservation Fund on December 3, 2020 via Resolution No. 20200103-013. C I T Y O F A U S T I N E C O N O M I C D E V E L O P M E N T 00/00/00 6 SAVES: Austin Live Music Venue Preservation Fund Application now open & closes Monday, January 11, 2021 at 5:00 p.m. ​ Application and eligibility guidelines available online at www.thelongcenter.org/saveaustinvenues Phase 1: Emergency Funding distribute in December 2020. • Eligible applicants experiencing immediate risk of closure will receive a $20,000 grant, which the Long Center will • Services available to venues receiving emergency funding include: Legal and accounting; real estate advice and guidance on lease negotiations; and, other professional services and long-term planning from community experts. Phase 2: Enhanced Funding • Eligible applicants can apply for additional grant funding up to $140,000. • Grant recipients must complete a technical assistance evaluation and an Equity Strategic Plan in order to apply for more funds during the second phase.. • The funding will be distributed in monthly payments with a maximum of $40,000 per month. C I T Y O F A U S T I N E C O N O M I C D E V E L O P M E N T 00/00/00 7 SAVES: Austin Live Music Venue Preservation Fund ➢ Live Music Venue Equity Strategic Plan Awardees will be provided training and support to ensure required Live Music Venue Equity Strategic Plans are actionable and implemented within one year of grant awards. Training & Support opportunities will be created and administered in collaboration with the following City of Austin and Community Partners: Equity Office Economic Development Department Small and Minority Business Resources Department • • • • Multi-Ethnic Chamber Alliance (MECA) • • Austin Music Foundation: EDD’s workforce development partner for the music industry Local music venues and businesses operated by people of color C I T Y O F A U S T I N E C O N O M I C D E V E L O P M E N T 00/00/00 8 Cultural Funding Programs: Arts, Heritage, Music ➢ Music & Entertainment Division Live Music Fund Event Program • 2021 Inaugural Music & Entertainment Cultural Funding Program sourced from Hotel Occupancy Tax (HOT) revenue from Austin's hotel and convention industries. • The Live Music Fund Event Program supports live and virtual music shows and special events that can be marketed to local audiences, potential and visiting tourists, and conventions delegates. Priority will be given to activities that promote a more equitable and diverse live music industry in Austin. C I T Y O F A U S T I N E C O N O M I C D E V E L O P M E N T 00/00/00 9 Cultural Funding Programs: Arts, Heritage, Music ➢ Live Music Fund Event Program Purpose • Encourages, promotes, improves, and showcases Austin’s diverse live music industry through supporting live and virtual music events.​ • Supports Austin’s professional music businesses & organizations and musicians & bands that produce and promote live and virtual shows that can be marketed to local audiences, visiting and potential tourists, and conventions delegates.​ Funding & Contracts: • Up to $50,000​ • Contract Period: 1 Year​ • Awards paid over a 12-month contract period and drawn down monthly for reimbursing eligible expenses​ C I T Y O F A U S T I N E C O N O M I C D E V E L O P M E N T 00/00/00 10 Cultural Funding Programs: Arts, Heritage, Music ➢ Live Music Fund Event Program Key Elements • Preservation – Enriching the Past: Investment in the historic cultural heritage of Austin music and the preservation of traditions and legacies of historically underserved communities. • Innovation – Envisioning the Future: Investment in the innovation of traditional business models committed to innovative and inclusive practices that build capacity in underserved communities. • Elevation & Collaboration – Empowering the Present: Investment in the elevation, education, and promotion of Austin music from historically under-represented communities. • • Allowable Activities: • Live & virtual shows by local and touring musicians • District-based musical special events Paid marketing plans to promote proposed activities and Austin as a live music experience & tourist destination Allowable Expenses: • • Venue/office rental & Performance guarantees insurance Employee salaries & contractor pay • Marketing collateral & advertising placements Supplies Travel • • C I T Y O F A U S T I N E C O N O M I C D E V E L O P M E N T 00/00/00 11 Cultural Funding Programs: Arts, Heritage, Music ➢ Live Music Fund Event Program Priority Given To • Live music venues, music labels, live music promoters, recording studios, and live music special event producers. • Professional Austin musicians who perform solo or as part of a local Austin band; only one application per band allowed (musicians and bands proposing special events in collaboration or partnership with other artistic disciplines should apply through the Cultural Arts Division programs). • Black/African American, Native American, Asian, Hispanic/Latino, Middle Eastern, Pacific Islander, LGBTQIA+ and Disability communities and other historically under- represented and underserved communities. Eligibility: • Both live music venues and musicians & bands must meet the Economic Development Department's definition for each group. C I T Y O F A U S T I N E C O N O M I C D E V E L O P M E N T 00/00/00 12 EDD Update to Downtown Commission Questions & Answers C I T Y O F A U S T I N E C O N O M I C D E V E L O P M E N T 00/00/00 13 Thank you!