(A) Purpose. The City of Quincy has established the Bring Events To Quincy (BET on Q) Grant Program. The city will reinvest a portion of the revenue from the 1% food/beverage tax it collects into the program to provide financial support for local events. The goal of the program is to draw more people to Quincy, thus increasing business for the establishments where the food/beverage tax is charged.
(B) Program details. The grants distributed through the BET on Q Grant Program can be used to create a new event in the City of Quincy such as a single-day concert, multi-day music festival/street fair, tournament for traveling sports teams, or a large-scale convention/conference. The grants can also be used to expand an existing event in the City of Quincy by, for example, adding an additional day/night to the existing event, adding more acts/performers, or attracting higher quality activities/performers (“national activities/performers”) to an event. The idea is to reduce the financial risk organizers take on when they plan for a smaller large-scale event.
(C) The Quincy City Council will direct, each fiscal year, a portion of the revenue from the 1% food/beverage tax to fund the BET on Q Grant Program. The Mayor, with the consent of the City Council, will appoint community members to administer the grant program. Leftover funding from one fiscal year will be forwarded to the next fiscal year to allow for future use.
(Ord. 21-16, passed 4-7-2021; Ord. 9443, passed 5-23-2022)