HomeMy WebLinkAboutAgenda Report - June 1, 1988 (60)ADVANCE ACCOUNT
ESTABLISFMD FOR
THE AMERICAN
SOFTBALL. ASSOCIATION
1990 NATIONAL
TOURNAMENT
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CITY COUNCIL N EETING ,--
JUNE 1, 198 8
Staff reported that sources for bid/guarantee funds such as
the San Joaquin County Convention Bureau and Lodi District
Chamber of Commerce have all but dried up.
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The procedure for bidding and advancing guarantee money is
as follows: You select the tournament you want to host and
determine the amount of money you feel it will take to
secure that tournament/bid.
The following are projections for the 1990 tournaments:
18 and under Fast Pitch Girls $19,000.00
16 and under Fast Pitch Girls $16,000.00
You must then advance one-quarter of that amount with your
official bid in October of this year. At the American
Softball Association Convention in November they will vote
on which cities will host which tournament. If your bid
and city is selected, they (A.S.A.) keep the bid
advancement and apply it toward your total bid. The
balance of the money owed is then not due until 90 days
prior to your committed tournament (May 1, 1990). The bid
advancement that is not accepted is returned to the bidding
community immediately upon denial of tournament allowance,
The City Council established an advance account of $20,000
for the American Softball Association 1990 National
Tournament.
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