BUSINESS JUSTIFICATION AND BENEFITS Sample Clauses

BUSINESS JUSTIFICATION AND BENEFITS. Implement a centralized venue for future events as a host city. The Xxxxx Lumber Yard site and underdeveloped land in front has been identified as an ideal location for future events. Based on our current Rivertown events and participation, we have a reasonable expectation of growth in participation, vendors and local business income. In addition, the CAF Board of Directors will monitor individual events, vendors, and logistics for improvement and revenue development. Yearly evaluation will also be compared with similar cities/venues to offer a clear comparison and expectation for future planning. Measurements used to declare the viability of any particular event will include: revenue from vendors and tickets, total participation from vendors and citizens, safisfaction of participants, revenue to local businesses and city through increased business sales. Improve the downtown waterfront to create a “destination” within the city. Recognizing that the motto of Antioch is “Gateway to the Delta” and that our city logo features the Riverfront, development of a Riverfront venue serves the dual purpose of attracting business and people. Success can be measured through monitoring of revenue from Rivertown businesses, foot traffic, number of new businesses in Rivertown vs. closed businesses, monitoring applicants for events in Rivertown venues: Theatre, Lumber Yard, Parades on streets, etc.
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Related to BUSINESS JUSTIFICATION AND BENEFITS

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