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Receive a verbal update from the Solano County Fair Association
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Published Notice Required? Yes ____ No _X _
Public Hearing Required? Yes ____ No _X _
DEPARTMENTAL RECOMMENDATION:
It is recommended that the Board of Supervisors receive a verbal update from the Solano County Fair Association.
SUMMARY:
At the February 5, 2019 Board of Supervisor's meeting, the Board approved a one-year extension to January 31, 2021 of the current Fair Management and Operations Agreement with the Solano County Fair Association (SCFA). The action stipulated a six month check-in and report back to the Board regarding the status of activities by the SCFA to address the items discussed at that meeting. Those items covered a variety of topics including governance, the association's financial plan and a new management agreement between the County and SCFA.
FINANCIAL IMPACT:
The SCFA is an enterprise fund and must operate within the operating revenues generated by the annual Solano County Fair, year-round activities, and available resources.
DISCUSSION:
To date, the SCFA has put a primary focus on evaluating its financial practices and improving its financial position. A review was performed by the County Auditor-Controller, dated September 3, 2019, in follow-up to its report presented at the February 5, 2019 Board meeting. Four items had been identified as needing attention by the SCFA. Two of those items have been implemented, one is in progress and one still needs to be addressed. That item is contingent on the restructuring of the management agreement between the County and the SCFA. Details on these items can be found in the Auditor-Controller's report.
The SCFA has also been proactive in the maintenance of fairgrounds facilities including but not limited to: 1) Completing an extensive Solano County Fairgrounds Facilities Review, 2) Meeting with CAO staff to prioritize facility needs projects, 3) Obtaining detailed cost estimates for prio...
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