X024914
It is resolved that:
(A)
Council approve a cash and value-in-kind (VIK)
sponsorship of $100,000 (excluding GST) cash per annum in 2020, 2021 and 2022 to
support and grow the Vivid X/Celerate live music program and up to a maximum
value $300,000 (excluding GST) VIK per annum in 2020, 2021 and 2022 in support
of Vivid Sydney; and
authority be delegated to the Chief Executive Officer to
negotiate, execute and administer a sponsorship agreement with Destination NSW
in support of this event in 2020, 2021 and 2022.