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HomeMy WebLinkAboutNBRA Meeting Presentation 04/05/2017NEWPORT BEACH RESTAURANT BUSINESS IMPROVEMENT DISTRICT BOARD OF DIRECTORS MEETING Wednesday, April 5, 2017 I.Call Meeting to Order II.Role Call III.Public Comments on Agenda and Non-Agenda Items IV.Current Business 1.Approval of Minutes 2.Board of Directors Nominations 3.Annual Report & Budget 4.Strategic Planning Session V.Future Agenda, Discussion or Report Items VI.Adjournment Meeting Agenda NBRA BID Board of Directors Ronald Schwartz Muldoon’s Irish Pub Christopher Roman CUCINA enoteca Dan Miller The Village Inn Jordan Otterbein A Restaurant & Market John DeFrenza Crocker’s the Well Dressed Frank Mario Marovic Malarkey’s | Dory Deli | Stag Bar + Kitchen Bruno Massuger Back Bay Bistro Matthew Meddock Sessions West Coast Deli Brendon Salisbury The Cannery | El Cholo Jim Walker The Bungalow Roll Call Board of Directors Applications •(10) Applications Received by the City of Newport Beach •(11) Board Seats Available q Will Alovis –Sugar ‘N Spice q Phil Crowley –Modo Mio Rustic Italian Kitchen q Bruno Massuger –Back Bay Bistro q Matthew Meddock –Sessions West Coast Deli q Dan Miller –The Village Inn q Jordan Otterbein –A Restaurant q Kenyon Parr –Five Crowns q Christopher Roman –CUCINA enoteca q Ron Schwartz –Muldoon’s Irish Pub q Jim Walker –The Bungalow Board of Directors Nominees FY 2017-2018 NBRA BID Budget INCOME TOTAL Stakeholder Assessments $189,000 Assessment Late Fees $26,500 Special Event Fees & Income $30,000 City of Newport Beach Matching Funds $40,000 City of Newport Beach Special Event Grant Funds $9,000 Total $294,500.00 EXPENSES TOTAL Office Supplies $950 Postage $750 Bank/Merchant Fees $2,500 Membership Dues $300 Governance Meeting Expenses $3,500 Bloggers $12,000 Marketing Consultant Fees $60,000 BID Administration Fees $18,000 BID Accounting Services Fees $18,000 Operational Expenses & Insurance $12,000 Advertising - Consumer $70,000 Community Partner Events $3,000 Event Marketing Expenses $45,000 Event Operating Expenses $10,000 Research $5,000 Collateral Production Expenses $5,000 Social Media $3,500 Website Maintenance $15,000 Digital Advertising $7,000 Media Relations $3,000 Total Expenses $294,500.00 SAVE THE DATE NEXT NBRA BOARD OF DIRECTORS MEETING Wednesday, May 24, 2017