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Travel Dubuque Request for Funding for Field of Dreams Copyrighted December 2, 2024 City of Dubuque CONSENT ITEMS # 11. City Council ITEM TITLE: Travel Dubuque Request for Funding for Field of Dreams Project SUMMARY: City Manager recommending City Council approval of the Memorandum Agreement with Travel Dubuque regarding funding for the Field of Dreams Project. SUGGUESTED Receive and File; Approve DISPOSITION: ATTACHMENTS: 1. MVM Memo 2. MOU 11-26-24 Page 202 of 645 Dubuque THE CITY OF � uhA�eMa cin DuB E ; . � , I � � I. Maste iece on the Mississi t 2oo�•zoiz•zois �P Pp zoi�*zoi9 TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: Travel Dubuque Request for Funding for Field of Dreams Project DATE: November 26, 2024 In 2022, Travel Dubuque requested that the City of Dubuque contribute one million dollars to the Field of Dreams project from the allocation of American Rescue Funds Act (ARPA) the city had received from the federal government. At the May 16, 2022, City Council meeting the Mayor and City Council approved my recommendation to fund the Travel Dubuque request and provide authorization to negotiate a funding agreement. City Attorney Crenna Brumwell and I have negotiated that agreement. There have been delays in the Field of Dreams project, but now a local not-for-profit, Dyersville Events, has purchased the 297 acres site and is making plans to complete some major elements of the original plan including the youth baseball/softball fields and the major league stadium. Even without these improvements, in 2024, the Field of Dreams hosted 453 teams from 22 states and 2 Canadian providences across 10 weekends and they already have inquiries from over 1,400 teams considering signing up for tournaments in 2025, though without all the improvements not yet completed they will not be able to accommodate anywhere near that number of teams. They anticipate hosting over 600 teams in 2025. In 2026 they anticipate hosting over 800 teams. The original feasibility study says the Field of Dreams site will generate over 61,000 hotel rooms a year. In this agreement the $1 million will be restricted for use by Travel Dubuque with approved uses including: a. Marketing of the Field of Dreams site and affiliated activities. b. Marketing, specifically to Field of Dreams attendees, the visitor experiences and activities available within the City of Dubuque at not-for-profits, including but not limited to: i. National Mississippi River Museum & Aquarium ii. Dubuque Museum of Art iii. Fenelon Place Elevator Company iv. Island Social v. Dubuque Arboretum & Botanical Gardens Page 203 of 645 vi. The Wanderwood Gardens vii. Dubuque YMCA and SkyTours Zipline viii. Veterans Memorial Plaza ix. Eagle Point Park x. Hillcrest Family Services Reflections in the Park xi. Clarke University xii. University of Dubuque xiii. Loras College xiv. Emmaus Bible College xv. Five Flags Center xvi. Grand River Center xvii. Miracle League of Dubuque c. Marketing, specifically to Field of Dreams attendees, the visitor experiences and activities available within the City of Dubuque from for-profit businesses and activities inordinately impacted by the COVID-19 pandemic, including tourism, travel, and hospitality. The funds provided by the City to Travel Dubuque for the above purposes shall be spent by Travel Dubuque at the direction of the Travel Dubuque Board of Directors to ensure maximum exposure and proper timing. It is understood that these expenditures will be made over several years and Travel Dubuque shall include in its annual report to the City an update on the expenditure of funds for the above outlined purposes. A generation is defined as at least a 20-year period. The Field of Dreams can be described as a once in a generation project for our region. Here are what can be considered some transformational projects in Dubuque: In the 1970's the flood wall was completed protecting the city to this day and Five Flags was constructed. In the 1980's Dubuque Greyhound Park was built and is still giving back today. In the 1990's the city owned industrial parks were built and there has been hundreds of millions of dollars of investment, with 6,000 jobs and job creation continuing to this day. In the 2000's the America's River Project in the Port of Dubuque began, leading to over $500 million in investments including the National Mississippi River Museum and Aquarium, the Grand Harbor Hotel and the Grand River Center influencing the tourism industry well into the future. In the 2010's we saw the Historic Millwork District, the continued revitalization of downtown and the Bee Branch Creek Watershed Flood Mitigation Project. 2 Page 204 of 645 Now in the 2020's we have some significant opportunities with Chaplain Schmitt Island development and more development in downtown, Historic Millwork District, Central Avenue and the Port of Dubuque. However, to continue to grow, another generational project that answers the question, WHAT'S NEXT, is needed. This region needs population growth. While the Dubuque area has climbed out of a big hole over the last 25 years more must be done. � :� Dubuque County Population Estimates n�����no 4:.';oo � ,o0 95��� 37YearRecovery �S� ,.�.,:oo THERE IS "'�00° NOTHING FOR �� .:,00 � YOU HERE ,;��� �� � �oo `, ,� _ � {'> �, ._.oo ss,.,; ��:ao The answer to the question of WHAT'S NEXT, is the Field of Dreams. Dyersville Events plans to invest tens of millions of dollars over the next two years. Travel Dubuque wants to partner with the not-for-profit. This will generate tens of millions of dollars throughout the region. The 3,000 permanent seat stadium, with the capacity to add over 5,000 temporary seats, will host amateur and professional baseball, community and youth athletics, educational and cultural events, creating a year round destination. The City of Dyersville has committed one million dollars, Dubuque County has committed $5 million. The State of lowa has committed millions of dollars. The partners will be pursuing other fundraising opportunities. Based on feasibility studies by Sports Facilities Companies, Inc, the stadium is estimated to create $10.5 million in direct spending annually for the region and 81 full time tourism jobs will be supported annually by year five. They anticipate $32 million in direct spending for the master plan improvements for the stadium, tournament fields, 3 Page 205 of 645 and other development which will create 250 jobs for the region plus hundreds of construction jobs as the stadium is being built. Not only will this project bring visitors and fans for games, events, and tournaments, it will also bring 136,000 non-local visitors to the area each year to view all that is happening. The feasibility study forecasts 61,000 additional hotel room nights added to this market. With the 7% Hotel/Motel tax that would generate a $535,000 increase in the Hotel/Motel tax receipts. Estimating 60% of that business coming to Dubuque that would be a minimum of$320,000 a year with Dubuque quickly recouping the costs of this one- million-dollar investment. Dyersville City Manager Mick Michel has shared with me projections of the increase in Local Option Sales Tax receipts related to the Field of Dreams project. It is estimated that the annual increase in Local Option Sales Tax for all taxing bodies in Dubuque County would be $320,089 with $192,400 being the share going to the City of Dubuque. This is only related to the direct spending estimates and does not include indirect spending or the spending on the actual construction. Combining the annual increase in hotel/motel tax receipts ($320,000) and the annual increase in Local Option Sales Tax receipts ($192,000) the City of Dubuque would receive over $512,000 a year in additional tax revenues recouping this one million dollar investment in less than 2 years once the facility is fully operational. These increased tax revenues would still continue after that 2-year period. The City of Dubuque is already seeing the construction of three new hotels, partially based on the increased demand that is being created by the Field of Dreams project. One is the DRA Key Hilton Hotel on Chaplain Schmitt Island and the other two are Mariott Hotels being built in the Port of Dubuque by Kinseth Hospitality. The TBK Bettplex sports tourism facility in Bettendorf generates demand for over 30,000 hotel rooms a year and has led to the construction of 2 new hotels. The revenues the City of Dubuque receives from the Hotel/Motel tax is divided 50% to Travel Dubuque and 50% to property tax relief. With new hotels comes more than hotel/motel taxes as the hotels provide an increase in property taxes. Dubuque has taken aggressive affirmative actions over the last 50 years to mitigate and recover from the economic devastation of the 1980's when Dubuque had the highest unemployment rate in the country at over 23%. In the 1960's Dubuque was described as "a strategic industrial, wholesale, and retail center dominating a vast tri-state marketland," with a 15% unemployment rate. For many reasons, 20 years later the 1980's hit, and Dubuque lost almost 10% of its population, with the Chamber of Commerce saying, "Dubuque's plight is becoming desperate ...." 4 Page 206 of 645 • � - • -• • ��� • • • 1 1 1 � , • ' • • � ' • • • Gary, IN 175,415 69,093 -60.6% South Bend,IN 125,580 103,453 -17.6% Flint,MI 193,317 81,252 -58.0% Detroit,MI 1,511,482 639,111 -57.7% Akron,OH 275,425 190,469 -30.$% Cincinatti,OH 452,524 309,317 -31.6% Cleveland,OH 750,903 372,624 -50.4% Dayton,OH 243,601 137,644 -43.4% Toledo,OH 383,818 270,871 _29.4% Youngstown,OH 739,788 60,068 -57.�% 2 • • • • • •' •� • . ��• • �' • 1 1 1 1 • �• THECRYnF Dus E Mnsterpiece on the Missi.csiF'V� Boone -1.6% Storm Lake -2.4% Percent Muscatine -.08% C h a n g e i n Marshalltown -2.8% Newton 3.3% Popu I at i on. Oskaloosa 0% 2�1 ��202� Spencer -4.1% Ottumwa -1.8% Burlington -5.1% Mason City -4.496 Fort Dodge -5.5% Fort Madison-Keokuk -7.0% Clinton -5.5% '.�- 1 • .� The City of Dubuque has a long history of partnering with Dubuque County on important projects. Some examples include the financial contribution Dubuque County made when the City of Dubuque submitted the $40 million Vision lowa grant for the America's River Project and the contribution of the approximately 200 acre County Farm property as part of the building of the Dubuque Industrial Center West. The City of Dubuque and Dubuque County also did cost sharing on the land acquisition for the Southwest Arterial Project. Adding visitors to Dubuque also supports workforce development as the lowa Economic Development Authority reports that over 60% of the people that move to a new community discovered that community through a vacation visit or business trip visit. Travel Dubuque President and CEO Keith Rahe, Dyersville Economic Development Corporation Executive Director Jacque Rahe, and Travel Dubuque Field of Dreams Operations Vice President John Sutter recently presented to the Greater Dubuque Development Corporation Board of Directors. The Vision for the Field of Dreams site is as follows: • Preserve and build upon the iconic Field of Dreams destination in Dubuque County, that has drawn over 4,000,000 visitors, for generations to come. • Create a world-class venue to host a variety of state, regional, and national events including future MLB games. • Carry the momentum and excitement of past events and the MLB relationship to a multi-year level. • Elevate and showcase the history, opportunities, and vitality of the Tri-State Region: the place we call home. The two Major League Baseball games that have been played on the field drew over 9.3 million viewers with the first game being the most watched regular season game since 2005. In 2022, travel related expenditures in Dubuque County were $439 million supporting over 2,900 jobs. The 7% Hotel/Motel tax revenues are projected to be $3,239,545 in 2025 (prior to completion of any Field of Dreams improvements) an increase of 43% ($965,500) from 2019, the year before the pandemic, which was $2,269,045. The expansion of the Mississippi River Cruise boat industry with the arrival of 4 new boats and the arrival of Viking Cruise Lines is expanding the exposure of the international traveler to Dubuque. While they do not stay in hotels while on their cruise, some of these people will come back to Dubuque and most of these passengers will go back to their homes and tell their family and friends about this new place they have discovered in the heartland of America, Dubuque —the Masterpiece on the Mississippi. 6 Page 208 of 645 The same is true for the international exposure that will be created through the Field of Dreams. Some of those people will come back and they will tell their families and friends about Dubuque. A May 2024 McKinsey & Company report titled, "The State of Tourism and Hospitality 2024," has several important conclusions: "Global Travel is back and buzzing. More regional trips, newly emerging travelers and a fresh set of destinations are powering steady spending." "As global tourism grows, it's crucial for destinations to be ready. How can the tourism ecosystems prepare to host unprecedented volumes of visitors-while also managing the challenges." McKinsey surveyed current day travelers with the following results: "Travel has become a top priority, especially for younger generations. Sixty-six percent of the travelers we surveyed say they're more interested in travel now than they were before the COVID-19 pandemic. This pattern holds across all surveyed age groups and nationalities. Respondents also indicate that they're planning more trips in 2024 than they did in 2023." "Travel isn't merely an interest these days. It's become a priority-even amid uncertain economic conditions that can make budgeting a challenge. Travel continues to be one of the fastest-growing consumer spending areas, rising 6 percent over a recent 12- month period in the United States, even when adjusted for inflation. Only 15 percent of our survey respondents say they're trying to save money by reducing the number of trips they go on. And in the February 2024 McKinsey ConsumerWise Global Sentiment Survey of more than 4,000 participants, 33 percent of consumers said they planned to splurge on travel, ranking it the third-most-popular splurge category-trailing only eating at home and eating out at restaurants." "Younger generations appear to propel much of the rising interest in travel. In 2023, millennials and Gen Zers took, on average, nearly five trips, versus less than four for Gen Xers and baby boomers. Millennials and Gen Zers also say they devote, on average 29 percent of their incomes to travel, compared with 26 percent for Gen Zers and 25 percent for baby boomers." "Younger generations are prioritizing experiences over possessions. Fifty-two percent of Gen Zers in our survey say they splurge on experiences, compared with only 29% of baby boomers." McKinsey concludes that, "Tourism and hospitality are on a journey of disruption. Shifting sources markets and destinations, growing demand for experiential and luxury travel, and innovative business strategies are all combining to dramatically alter the industry landscape." 7 Page 209 of 645 Las Vegas talks about the "Fun Economy." They say they are at the intersection of a massively intertwined fun economy of tourism, sports and entertainment. Dubuque is no Las Vegas, nor do we want to be, but we are, a beneficiary of the, "Fun Economy." If we expect to be a premier tourism destination, we need to have the infrastructure in place to support those visitors to our signature tourist attractions like, the Mississippi River, the National Mississippi River Museum and Aquarium, the Field of Dreams, and the many supporting attractions including the gambling industry. In my research I have found that tourism significantly impacts a local economy in various ways: • Tourism generates employment opportunities in various sectors, including hospitality, transportation, retail, and entertainment. This helps reduce unemployment rates and supports local livelihoods. • Visitors spend money on accommodations, food, attractions, and services, contributing to the local economy. This influx of cash helps businesses thrive and can lead to increased tax revenue for local governments. • Tourism encourages the growth of local businesses, from restaurants and shops to tour operators and attractions. This can lead to a more vibrant local economy and community. • Tourism fosters cultural exchange and appreciation, which can enhance the community's cultural offerings and create a more diverse and inclusive environment. • Successful tourism can enhance a region's reputation, attracting further investment and visitors. This positive branding can lead to long-term economic benefits. Overall, tourism acts as a catalyst for economic development, bringing diverse benefits to local communities while fostering a sense of pride and cultural identity. The City of Dubuque must continue to take aggressive affirmative actions to keep up the momentum that has been developed in Dubuque County leading to a 4.2% population gain from 2010-2020. The Field of Dreams answers the question for Dubuque in the 2020's, WHAT'S NEXT. 8 Page 210 of 645 I respectfully request Mayor and City Council approval of the Memorandum Agreement with Travel Dubuque. v Mic ael C. Van Milligen MCVM:sv Attachment cc: Crenna Brumwell, City Attorney Cori Burbach, Assistant City Manager Keith Rahe, Travel Dubuque President and CEO Nate Runde, Dyersville Events Chairperson 9 Page 211 of 645 MEMORANDUM OF AGREEMENT BETWEEN THE CITY OF DUBUQUE AND THE DUBUQUE AREA CONVENTION AND VISITORS BUREAU DOING BUSINESS AS TRAVEL DUBUQUE WHEREAS, the American Rescue Plan Act (ARPA) allocated $350 billion dollars for state and local governments; and WHEREAS, the City of Dubuque (City) received $26,522,282; and WHEREAS, an eligible expenditure of ARPA funds includes responding to the public health and negative economic impacts of the pandemic; and WHEREAS, responding to the public health and negative economic impacts of the pandemic includes granting assistance to impacted industries, including tourism, travel, and hospitality that faced inordinate impacts due to the pandemic; and WHEREAS, the City in May 2022 committed $1 million of the City's ARPA funds to the Dubuque Area Convention and Visitors Bureau doing business as Travel Dubuque (Travel Dubuque) related to development of the Field of Dreams; and WHEREAS, the City Manager was authorized to negotiate the terms of the City contribution; and WHEREAS, this Memorandum of Agreement formalizes the terms of the City contribution of ARPA funds to Travel Dubuque. NOW THEREFORE the Parties agree as follows: 1. City shall provide $1 million to Travel Dubuque from the City's allocation of ARPA funds. 2. The $1 million will be restricted for use by Travel Dubuque with approved uses including: a. Marketing of the Field of Dreams site and affiliated activities; b. Marketing, specifically to Field of Dreams attendees, the visitor experiences and activities available within the City of Dubuque at not-for-profits, including but not limited to: i. National Mississippi River Museum & Aquarium ii. Dubuque Museum of Art iii. Fenelon Place Elevator Company iv. Island Social v. Dubuque Arboretum & Botanical Gardens vi. The Wanderwood Gardens vii. Dubuque YMCA / SkyTours Zipline viii. Veterans Memorial Plaza Page 212 of 645 ix. Eagle Point Park X. Hillcrest Family Services Reflections in the Park xi. Clarke University xii. University of Dubuque xiii. Loras College xiv. Emmaus Bible College xv. Five Flags Center xvi. Grand River Center xvii. Miracle League of Dubuque c. Marketing for -profit businesses and activities inordinately impacted by the COVID-19 pandemic, including tourism, travel, and hospitality 3. The funds provided by the City to Travel Dubuque for the above purposes shall be spent by Travel Dubuque at the direction of the Travel Dubuque Board of Directors to ensure maximum exposure and proper timing. 4. It is understood that these expenditures will be made over several years and Travel Dubuque shall include in its annual report to the City an update on the expenditure of funds for the above outlined purposes. 5. In the event of noncompliance with a term of this Agreement by Travel Dubuque the City shall provide written notice to Travel Dubuque which shall then have five (5) days to cure the breach. If Travel Dubuque fails to cure the breach within five (5) days, Travel Dubuque shall be responsible to refund the remaining balance to the City. This Memorandum of Agreement shall remain in place from the last date of signature below until the $1 million is fully spent. TRAVELDUBUQUE (Name and title of individual signing) CITY OF DUBUQUE JR—arn—e and title dividual signing) November 26 , 2024 December , 2024 Ik A tijF J y FIELD of DREAMS MOVIESITE 14 AND 0 LNIVYRIAL MDtCA DYEPSVILLE IOWA -131 4i nwv�, .1 L '14 2024 ANALYSIS TOURNAMENTS AT THE FIELD OF DREAMS 2024 YOUTH BASEBALL ANALYSIS FIELDQF-DREAMS MOVIESITE lTi AND 0 UNIVERSALS 'IUDIOS DYERSVILLE, IOWA 453 looms participated in 2024 tournaments U 05110181 games M M M M ONAM M M%A& M M%,^ M &Yr am&" ` " &A" W" bib" W" &A" •A" .... &A" ZIM &Ah" ZM..,....,....,....,,�. &A" &A" &Ak....V M ............ ................ Rain Relays0of 19Weekends 20sfates R2counflies were repesented by teams over 10 weeks cY) N O N O O N (D U C CV 3 15SNILlSCOMPEiliONS 20Champioos Teams traveled 100,011 miles which would circle the globemole than 4 times local Visifol Spending on iournamcnf Weekends: $61F805IF833 s1,540,104 spent on lodging 03 jobs created TOURNAMENT TEAM BREAKDOWN Teams traveled a total of 106,677 miles to attend the tournaments, averaging 237.8 miles per team. CALIFORNIAs -d'rvif . TOP 1.5 STATES . TOP 6-10 STATES ■ NEW STATE FOR 2024 Geography Breakdown States Represented State Teams State Teams Illinois.............................................143 teams Colorado ........................................... 5 teams Wisconsin........................................97 teams Arkansas ............................................ 1 team Iowa..................................................68 teams California .......................................... 1 team Minnesota.......................................35 teams Georgia .............................................. 1 team Missouri...........................................31 teams Kentucky ........................................... I team Nebraska.........................................26 teams North Carolina ................................. 1 team Indiana.............................................11 teams Ontario, Canada .............................. I team Michigan...........................................8 teams Texas..................................................I team South Dakota ...................................8 teams Utah .................................................... I team Kansas...............................................6 teams Wyoming ........................................... I team Ohio..................................................6 teams 1DA. 1 State Leaders By Weekend May 25-27.......................................... Wisconsin (16) May 31-June........................................... Illinois (19) June 7-9...................................................... Illinois (8) June 14-16................................................... Iowa (18) June 21-23............................................... Illinois (16) June 28-30............................................... Illinois (30) July 7-9..................................................... Illinois (21) July 14-16................................................ Illinois (22) July 21-23.................................................. Illinois (7) July 28-30.......................................... Wisconsin (15) 2023 States not represaented in 2024: Arizona, Connecticut, Maryland, New York, North Dakota ECONOMIC IMPACT Area influence of the Tournaments at the Field of Dreams Total Spending* Weekend May 25-27............................. $795,513 May 31-June 2 ..................... $561,750 June 7-9................................. $368,306 June 14-16 ............................ $627,127 June 21-23 ............................ $843,576 June 28-30 ......................... $1,077,230 July 5-7.................................. $735,386 July 12-14..........................$1,032,760 July 19-21 ............................. $252,907 July 26-28 ............................. $511,278 Total .................. $6,805,833 Hotel Stays Number of Room Nights Number of Participants 5,185 Total Players Total Players Per Age Group 9U....................................327 players 10U..................................520 players HU..............................1,225 players 12U..............................1,387 players 13U..................................896 players 14U..................................830 players Top Five Weekends June 28-30...................... 794 players July 12-14....................... 737 players June 21-23...................... 629 players May 25-27...................... 581 players July 5-7 ........................... 573 players 15,555 Total Attendees June28-30.......................................................................................................................1,565 July12-14........................................................................................................................1,436 May25-27.......................................................................................................................1,144 July5-7............................................................................................................................1,059 June14-16.......................................................................................................................... 954 June21-23.......................................................................................................................... 828 July26-28........................................................................................................................... 764 May31-June2 .................................................................................................................... 612 June7-9.............................................................................................................................. 487 July19-21........................................................................................................................... 354 Total 9,203 * Calculations sourced through Iowa Travel Industry Partners (iTIP) Economic Spending Impact Calculator. https://iowatravelindustry.org/data-research/ 2025 TOURNAMENT FORECASTING & SALES Registration for 2025 opened in a limited capacity on October 25 for 1,350 individuals who inquired through the summer. Full registration opened on November 1 for the general public. 250 200 150 100 50 9 2023 2024 2025 Dates May 17-18 May 23-25 May 30 - June 1 June 6-8 June 13-15 June 20-22 Current 2025 Registration: 265 teams � M bA H a w 2025 Goal: 525 teams o � �o 2026 & Beyond r� w 800+ teams June 27-29 July 4-6 July 11-13 July 18-20 July 25-27 August 8-10