Loading...
HomeMy WebLinkAbout2025-01-27 - Agendas - FinalFayetteville Advertising and Promotion Commission January 27, 2025 Location: Fayetteville Town Center, 15 W. Mountain Street Commissioners: Staff: Chrissy Sanderson, Chair, Tourism & Hospitality Representative Katherine Kinney, Tourism & Hospitality Representative Todd Martin, Tourism & Hospitality Representative Elvis Moya, Tourism & Hospitality Representative Andrew Prysby, Commissioner at-large Sarah Bunch, City Council Representative Mike Wiederkehr, City Council Representative Jennifer Walker, Interim CEO Agenda I.Call to order at 2:00 p.m. II.Old Business A.Review and approval of meeting minutes from December 9th, January 9th and January 16th. III.New Business A.Vote. Appointment of a commission chairperson. In accordance with our by-laws, a chairperson must be voted on by the active commissioners at the first meeting of every year. The chair serves a one-year term. B.CEO Report. Jennifer Walker. An executive overview of the previous month. C.Financial Report. Jennifer Walker, Interim CEO | Vice President of Finance D.Master Destination Plan Presentation. Sara Meaney, Managing Partner, Coraggio Group E.Vote. Contract renewal for Outright. Sarah King, VP of Marketing and Communications. Staff recommends the commission authorize the interim CEO to enter an agreement for Agency of Record services with Outright in the amount of $234,000 and to amend the end date of the MSA to 12/31/2025. Memo, Change Order and Agreement (SOW) attached. F.Vote. Agreement with Arrivalist. Sarah King, VP of Marketing and Communications. Staff recommends the commission authorize the Interim CEO to enter into an agreement with Arrivalist, LLC in the amount of $52,250. Memo and Agreement attached. G.Vote Agreement with Archetype for Visitors Guide. Sarah King, VP of Marketing and Communications. Staff recommends that the commission authorize the Interim CEO to enter into an agreement with Archetype in the amount of $46,800 for a printed Visitors Guide. Memo and Agreement attached. 1 H.Vote. Memorandum of Understanding with Bishop Racing, LLC. Sarah King, VP of Marketing and Communications. Staff recommends that the commission authorize the Interim CEO to enter into an agreement with Bishop Racing, LLC in the amount of $23,000 for the development of an adventure biking documentary with an appropriation of $23,000 from the Cycling Legacy Fund. Memo, Project Summary and MOU attached. I.Vote. Updating Bank Account Authorized Signers. Jennifer Walker, Interim CEO. Staff recommends, in accordance with the commission’s financial policies, a vote to authorize the following individuals as signers with full authority on all four accounts: the 2025 chairperson and Amy Stockton, Director of Operations. Memo Attached. J.Vote. Removing Bank Account Authorized Signers. Jennifer Walker, Interim CEO Staff recommends a vote to authorize the removal of individuals listed as signers not included in the updated list. Memo Attached. K.Vote. Alcohol Permit Holder – Change of Manager. Jennifer Walker, Interim CEO With Molly Rawn’s departure, staff recommends appointing staff member Tyler Wilson as the new alcohol permit manager. Memo Attached. L.Additions to the agenda may be added upon request from a majority of the commissioners. IV.Announcements: A. Fayetteville Advertising and Promotion Commission will soon have two open seats. i.Commissioner Martin’s tourism and hospitality seat and Commissioner Prysby’s at-large seat both expire on March 31st. Both declined to reapply. ii.Applications were advertised and collected until November 15th 2024. We have received a total of 7 applications. iii.Staff recommends a selection committee conduct interviews and present recommendations at the February Commission meeting for a vote. iv.Final recommendations should be sent to Fayetteville City Council by February 28th (agenda request deadline) for March 18th City Council Meeting. v.Suggested Selection Committee Members: Commission Chairperson or designee Amy Stockton | Director of HR, Operations and Jennifer Walker | Interim CEO V.Adjourn 2 Fayetteville Advertising and Promotion Commission Minutes December 9th, 2024 Fayetteville Town Center Commissioners Present: Commissioners Absent: Staff: Chrissy Sanderson, Chair, Tourism & Hospitality Representative Elvis Moya, Tourism & Hospitality Representative (virtual) Mike Wiederkehr, City Council Representative Sarah Bunch, City Council Representative Katherine Kinney, Tourism & Hospitality Representative (virtual) Andrew Prysby, At Large Position Todd Martin, Tourism & Hospitality Representative Molly Rawn, CEO; Jennifer Walker, VP of Finance I.Chair Sanderson called the meeting to order at 2:00 pm and declared a quorum. II.Old Business A.Chair Sanderson asked if there were any corrections or additions to the minutes and hearing none, stated that the minutes stand as presented. B.Chair Sanderson then made a motion to add an agenda item related to CEO transition with CEO Rawn being newly elected as incoming Mayor. It was seconded by Commissioner Wiederkehr. III.New Business A.CEO Report CEO Rawn presented the 2025 A&P Commission meeting calendar, noting that the May meeting would be moved from the 4th to the 3rd Monday due to Memorial Day holiday. B.Vote. 2025 Budget Presentation. CEO Rawn began by covering 5 overarching items about the 2025 proposed budget: 1)We are projecting a 4% increase in HMR from our 2024 budgeted amount. 2)8% personnel increase – relatively flat at EF, increases at FTC 3) $200,000 contribution to TheatreSquared 4)Significant capital expenditures of $1 Million to finish EF’s renovation and continue with needed upgrades at FTC 5)Presenting a balanced operating budget Rawn continued by showing in and outflows of $6,272,940 and some key changes for 2025. 1)Key events included Music Cities Activations, Party Animals and Cyclocross national championships 2)HMR Tax Increase has been budgeted with a 4% increase 3)FTC shows 8% increase in revenue and 600K in capital projects 4)Downtown – we will continue our $125,000 contract with the city, increasing the amount that flows directly to DFC 3 5) Personnel – market adjustments at FTC and 3% COLA She mentioned that the Cyclocross national championships will include a contract that can be funded by the Cyclocross legacy funds rather than our operating budget. The fund balance amounts were mentioned: our fund balance is approximately $6,322,000 with a $1,000,000 operating reserve. Capital reserve is currently depleted with the number of projects we have done and VP Walker shared that if the commission wanted to replenish the capital reserves, it could do that. CEO Rawn asked for questions concerning the presented budget. Commissioner Moya asked about funds for welcome signage work and Rawn said there was $10,000 in a specified line item for work on that, noting it would most likely be used for creative concept and design work. Rawn also noted that there are funds in Other Events Expenses for a 4th of July celebration if the team decides to do that. Commissioner Moya asked about the increase in the DFC line item and Rawn stated it was because more of the city grant was being allocated to DFC rather than EF, allowing DFC to pay for more of their operational expenses. Commissioner Moya requested a breakdown of DFC’s budget as an FYI and Rawn stated she could do that. A capital reserves discussion ensued with Commissioner Wiederkehr suggesting a 10 year rolling calendar of system upgrades so incoming staff and commissioners know when items needed to be replaced. VP Walker stated that this was a full spending capital plan and it was decided that this could be a project for our incoming CEO. With discussion on how much to fund our capital reserve, VP Walker recommended we first create our capital plan and then we can be better informed on capital reserve amounts and there was general agreement to go this route. With no more questions, Commissioner Sanderson asked for a motion to approve the 2025 budget. Commissioner Moya made the motion to do and it was seconded by Commissioner Prysby and was approved unanimously via a roll call vote. CEO Rawn asked if the commission could address the included 2025 Cyclocross Legacy Fund budget that was included in the packet. She stated that while it was not included in the operating budget, it would be helpful for the upcoming year. Commissioner Wiederkehr moved to approve the 2025 Cyclocross Legacy Fund budget as presented and this was seconded by Commissioner Prysby and was approved via a unanimous roll call vote. C.Vote. Furniture purchase for Experience Fayetteville Renovation. CEO Rawn stated that Amy Stockton secured three quotes from furniture companies and that this cost was included in the 2025 budget that was just approved. We would like to move forward with Innerplan, a company also located in downtown Fayetteville. You will note that we did not include a contingency as we normally do as we hope to get the total purchase under 160K. CEO Rawn reviewed the floor plan that this furniture would cover. Chair Moya asked if the other quotes were in line, price wise, with this quote and Rawn answered that when the quote was adjusted to reflect the amount of furniture we would need, and other factors, this quote was in line with the others. 4 With no other questions, Chair Sanderson asked if we had a motion to authorize the CEO to accept the Innerplan Office Interiors’ quote and approve expenditures up to $163,779.30. Commissioner Prysby made the motion with Commissioner Wiederkehr seconding and it was approved unanimously via a roll call vote. . D.CEO Transition CEO Rawn began by stating she has worked for Experience Fayetteville for 8 years and has thoroughly enjoyed it. As she takes on the new role of Mayor, she plans to submit a resignation letter and that she would like to stay employed through January 1st and work with staff throughout the holidays. She has had conversations with VP Jennifer Walker about Walker serving as the Interim CEO and Walker is on board with this recommendation. VP Walker stated that she is not at this time interested in the role, but was happy to serve in this interim role. Chair Sanderson asked if there was a motion to approve VP Jennifer Walker as Interim CEO effective January 2, 2025. Commissioner Wiederkehr made the motion with Commissioner Prysby seconding it and it was approved unanimously via a roll call vote. CEO Rawn stated that it was her recommendation that she and Amy Stockton create a posting and timeline for the position and work with Chair Sanderson on that as Sanderson had volunteered for that. Commissioner Wiederkehr suggested we discuss using a hiring firm and it was decided that the staff and Chair Sanderson would begin a search process for a firm with the plan being to present a proposal at a special meeting to be called in early January. With no further announcements, there was a motion and a second by several commissioners to adjourn the meeting at 3:17pm. Minutes submitted by Amy Stockton, Director of Operations, Experience Fayetteville 5 Fayetteville Advertising and Promotion Commission Minutes January 9th, 2025 Virtual Meeting Commissioners Present: Commissioners Absent: Staff: Chrissy Sanderson, Chair, Tourism & Hospitality Representative Elvis Moya, Tourism & Hospitality Representative Mike Wiederkehr, City Council Representative Sarah Bunch, City Council Representative Todd Martin, Tourism & Hospitality Representative Andrew Prysby, At Large Position Katherine Kinney, Tourism & Hospitality Representative Jennifer Walker, Interim CEO I.Chair Sanderson called the meeting to order at 2:03pm. II.New Business A.Chair Sanderson called for an executive session to discuss the Interim CEO’s salary and promotion. After Executive Session, Chair Sanderson said the decision was made to table this issue until either the next regularly scheduled meeting or a special meeting. B.Vote. Executive Search Firm Contract. Interim CEO Walker informed the commission that there was a memo and an agreement from Winner Partners in their packets. She stated that the search committee had spoken with three different search firms and that the search firm’s proposals were all very similar in price. She shared that the committee was recommending Winner Partners due to their more comprehensive approach and strong local connections in the destination marketing industry. She noted that she conducted two references checks, both with very positive feedback. She also stated that the general timeline to conduct the search would be 80 days. The contract is for $48,000 plus pre-approved expenses of approximately $12,500 which is mainly for travel costs of candidates and advertising Chair Sanderson opened it up for questions of Winner Partners’ team, who was attending the meeting. Commissioner Wiederkehr asked “what do you see as Fayetteville’s biggest challenge and also one of our greatest assets when you look at marketing it for a search?” Dennis Tracy with Winner Partners introduced himself and his ties to Arkansas, having worked at the Little Rock CVB and also assisting in searches for that organization. Tracy noted the positive would be numerous but one large asset is the infrastructure growth such as direct flights, and amenities such as Crystal Bridges. 6 Any negative would be that it is a competitive job market right now for DMOs. Tina Winner stated it would be a great asset to be able to tell the story of how the former CEO is still available as the mayor and also that our outdoor attractions, especially cycling, were very attractive. Chair Sanderson also mentioned the very hands-on approach Winner Partners presented, which she appreciated. Commissioner Martin asked about the process, noting that he thought the timeline seemed longer than he anticipated. More discussion was had concerning the timeline and the commissioners’ desire that the firm focus on Fayetteville’s attributes, not necessarily NW Arkansas attributes. Commissioner Moya asked for clarification of the advertising expenses and Winner addressed those. Commissioner Prysby asked how we would handle an entry slate of candidates that really miss the mark and Winner explained that with weekly check ins and engagement sessions, they had several mechanisms baked into the process to ward against that happening. After more discussion, Chair Sanderson asked for a motion. Commissioner Wiederkehr made a motion to authorize interim CEO Walker to execute a contract with Winner Partners for the CEO executive search and Commissioner Moya seconded this. Chair Sanderson read the formal recommendation which is a vote to authorize Interim CEO Jennifer Walker to execute a contract with Winner Partners for the CEO executive search, with a professional fee of $48,000 plus pre-approved expenses. It passed unanimously via a roll call vote. C.Vote. Appropriate funds from the Unreserved Fund Balance to cover the expense of the executive search. Chair Sanderson asked for a motion to appropriate funds from the Unreserved Fund Balance in the amount of $65,000 to cover the professional fee and direct expenses related to the search which Commissioner Martin made and Commissioner Wiederkehr seconded. It was approved unanimously via roll call vote. The meeting was adjourned at 12:36pm with a motion from Commissioner Martin and a second from Commissioner Moya Minutes submitted by Amy Stockton, Director of Operations, Experience Fayetteville 7 Fayetteville Advertising and Promotion Commission Minutes January 16, 2025 Virtual Meeting Commissioners Present: Commissioners Absent: Staff: Chrissy Sanderson, Chair, Tourism & Hospitality Representative Elvis Moya, Tourism & Hospitality Representative Mike Wiederkehr, City Council Representative Sarah Bunch, City Council Representative Todd Martin, Tourism & Hospitality Representative Andrew Prysby, At Large Position Katherine Kinney, Tourism & Hospitality Representative n/a Jennifer Walker, VP of Finance I.Chair Sanderson called the meeting to order at 10:01am II.New Business A.The meeting opened with the discussion concerning the commission’s ability to enter executive session to address the agenda item. The commissioners consulted Attorney Philip Elmore to determine if they could go into executive session for some discussion specific to the interim CEO role. When and if the conversation included a staff member, that staff member had the right to be invited. With this being understood, the commission went into executive session at 10:08am. The executive session ended at 11:07am with Commissioner Martin making a motion to extend the offer of Interim CEO to Jennifer Walker at a salary of $165,000 for the interim period of time retroactive to January 2, 2025, with a return to the budgeted salary for the VP of Finance position when the new CEO begins employment. This was seconded by Commissioner Wiederkehr who added that he wished to honor the former CEO’s professional agreement and written memo and also honor the current employee who is stepping into this role. It was approved unanimously via a roll call vote. B.Vote. Creation of a CEO transition policy for inclusion in A&P employee handbook. With no questions, a motion was made by Commissioner Martin to allow the creation of a CEO transition policy for inclusion in the employee handbook with the understanding it would be brought to the commission for approval. It was seconded by Commissioner Kinney. It was passed unanimously via roll call vote. Chair Sanderson called the meeting adjourned at 11:11am. Minutes submitted by Amy Stockton, Director of Operations, Experience Fayetteville 8 Executive Updates December Updates for January A&P Commission Meeting Executive Updates • Office renovations remain on schedule, with construction expected to conclude in February. o Furniture assembly and office move-in are planned for March. • The Destination Master Plan creation phase is complete, and Coraggio is presenting the plan today. A special thanks to Commissioner Moya for his direct contributions as part of the core team on this project. o The plan will be unveiled to key stakeholders tomorrow at 11am at the Fayetteville Town Center. All are welcome to attend and engage as we transition into the “Get Moving” phase. • Arkansas Governor’s Conference on Tourism and the 2nd annual Outdoor Economy Summit will be held in Bentonville, AR on February 23-25. o This event will feature sessions on tourism trends, outdoor economic impacts, workforce development, and more. o The February Commission meeting is currently set for Feb 24; rescheduling may be requested. • CEO Search update o Initial planning meeting with Winner Partners has been completed. o Site visits and stakeholder interviews are tentatively set for January 28-29, with virtual options available if needed. o A draft job description and proposed salary range will be presented to the Commission for approval. A special meeting may be scheduled to avoid delays. • Gretchen Hunt has joined our team as a part-time Accounting Specialist. Please join me in welcoming her! • Today’s agenda includes adjustments for staff transitions, such as updates to permit holders and bank signers. Marketing and Communications • Managed press releases and media requests for Lights of the Ozarks (LOTO) parade and Light Night • Facilitated local media appearances for CEO transition and KFSM’s Outdoor segment promoting bikepacking routes. • Fayetteville Trail Guides have been updated, printed, and received in January. • 2025 Streetlight Banners plan includes new Pride banners, Downtown banners (Fall), Razorback banners, and music themed banners during Music Cities Convention. 9 •Visitors Guide proposal is being presented today in partnership with Archetype Sales and Tourism Activity •EF Sales team attended Travel South International Showcase in Atlanta as part of the Arkansas State Tourism team. o Conducted 40 appointments with media and group traveler advisors •EF Sales team secured two association meetings for 2025. •Preliminary planning underway for 2025 USA Cycling Cyclocross National Championships, with the contract expected to be presented at the February Commission meeting. •EF Sales team supported planning and secured 2025 Arkansas Enduro Series with Ozark Foundation. •Our LinkedIn EF page gained 115 new followers in December, bringing the total to 4,562 for the year. •Occupancy December 2024: 45.9%. This represents a 4.3% increase over prior year; Occupancy YTD is 64.5, up 5% over 2023 •ADR (Average Daily Rate) December 2024 is $104.47, up over 1.6% over prior year; ADR YTD is $130.88, up 7% over 2023 •Visitor Center welcomed 324 visitors in December. o 77% decrease from December 2023 (1,434) o Visitors from Australia, France, Germany, and India Fayetteville Town Center •The Fayetteville Town Center entered a busy holiday season in December, hosting 17 events. o Most notably a four-day transportation and shipping expo for JB Hunt with over 500 attendees. •Worked with the City’s facilities department on plaza heating system repairs and flower bed repairs. Downtown Initiatives •Successfully wrapped up Lights of the Ozarks season. •Spring Season events updates scheduled for February’s meeting. 10 $382,586 Monthly A&P Tax Collections 2024** 0.24% -1.99% -3.15% % change from 2023 Previous YTD (Dec) HMR A&P Tax Collection Totals 2020 $3,008,949 2021 $3,998,903 2022 $4,659,525 2023 $4,994,999 2024 $5,267,698 $21,777 Prior Dues Collected $473,720 Total HMR Collected December Collection (October Activity) $66,254 Lodging $385,689 Restaurant + -18.70%32.90%16.52%7.20%5.46% % change over previous year ** This represents one half of the total HMR collections. The other half supports the Parks and Recreation department. $349,739 $401,088 $416,573 -4.31% -6.09% 0.89% 2.09% 1.89% 11.86% 3.24% 24.04% 9.79% $410,352 $444,020 $419,784 $394,928 $453,844 $476,619 $473,720 $546,090 11 Memo To: Jennifer Walker, Interim CEO, Experience Fayetteville Fayetteville Advertising & Promotion Commissioners From: Jennifer Walker, VP Finance, Experience Fayetteville Date: January 15, 2025 Re: Financial Statements – December 2024 This packet contains Experience Fayetteville Financial Statements for the month ended December 31, 2024. The following reports are included in the packet: Summary P&L Financials for month ended December 31, 2024 Balance Sheet for month ended December 31, 2024 Target Budget November – 100% Revenue target 100% of budget or higher by the end of December 2024. Expenditures target 100% or lower at December 2024. Total Revenue YTD: $6,414,905 or 106%; We are 6% above target. Tax Receipts - $5,267,698 (5% above budget ytd) Town Center - $795,944 (22% above budget ytd) Other - $351,263 Total Operating Expenditure YTD: $5,504,265 or 91%; this is 9% under budget. EF Main - $4,411,983 Town Center - $1,092,283 HMR tax – YTD December Collections (November activity) are 5% above the seasonally adjusted budget. Operating Net Income is $910,640 year to date. DRAFT FINANCIALS - UNAUDITED 12 Modified Accrual Fayetteville A and P Commission Statement of Budget, Revenue and Expense Year-to-Date @ December 31, 2024 Actual Budget Over/(Under) Budget % of Budget Revenue Hotel, Motel, Restaurant Taxes Revenue 5,267,698 5,031,000 236,698 104.7% Rental Revenue 749,170 605,255 143,915 123.8% Event Revenue 40,768 60,000 (19,232) 67.9% Visitor Center Store Revenue 34,746 46,500 (11,754) 74.7% Parking Revenue 40,916 35,000 5,916 116.9% Advertising Revenue 4,225 4,000 225 105.6% Grant/Other Revenue 209,372 210,000 (628) 99.7% Interest and Investment Revenue 68,010 55,100 12,910 123.4% Total Revenue 6,414,905 6,046,855 368,050 106.1% Expenses Operating Expenses Rental Expenses 109,386 214,500 (105,114) 51.0% Event Expenses 83,369 130,100 (46,731) 64.1% Visitor Center & Museum Store 22,491 53,619 (31,128) 41.9% Personnel 1,941,998 2,060,934 (118,936) 94.2% Sales & Marketing 1,322,925 1,440,267 (117,342) 91.9% Office and Administrative 770,803 845,812 (75,009) 91.1% Bond Payments 697,800 700,000 (2,200) 99.7% Contribution to Capital Reserves 100,000 100,000 - 0.0% Other Tourism Support - Community, Art Court, DFC 255,492 311,500 (56,008) 82.0% TheatreSquared Contribution 200,000 200,000 - 100.0% Total Operating Expenses 5,504,265 6,056,732 (552,467) 90.9% Net Operating Income/(Loss)910,640 (9,877) 920,517 -9219.8% Other Income Unrealized Gain/(Loss) on Investments 55,730 0.0% Other Expenses FFE & Improvements 769,135 971,000 (201,865) 79.2% Depreciation Expense 222,334 0.0% Cost of Goods Sold 2,958 0.0% Net Income/(Loss) (without CX Grants)(28,058) (980,877) 897,089 2.9% CONSOLIDATED Year-to-Date DRAFT FINANCIALS - UNAUDITED 13 Modified Accrual Fayetteville A and P Commission Statement of Budget, Revenue and Expense Year-to-Date @ December 31, 2024 Actual Budget Over/(Under) Budget % of Budget Revenue Hotel, Motel, Restaurant Taxes Revenue 5,267,698 5,031,000 236,698 104.7% Rental and Event Revenue 35,024 46,350 (11,327) 75.6% Visitor Center Store Revenue 34,746 46,500 (11,754) 74.7% Advertising Revenue 4,225 4,000 225 105.6% Grant & Other Revenue 209,372 210,000 (628) 99.7% Interest and Investment Revenue 67,896 55,000 12,896 123.4% Total Revenue 5,618,961 5,392,850 226,111 104.2% Expenses Operating Expenses Event Expenses 71,640 97,100 (25,460) 73.8% Visitor Center & Museum Store 22,491 53,619 (31,128) 41.9% Personnel 1,298,816 1,397,503 (98,687) 92.9% Sales & Marketing 1,310,998 1,410,917 (99,919) 92.9% Office and Administrative 454,746 470,507 (15,761) 96.7% Bond Payments 697,800 700,000 (2,200) 99.7% Contribution to Capital Reserve 100,000 100,000 - 0.0% Other Tourism Support - Community, Art Court, DFC 255,492 311,500 (56,008) 82.0% TheatreSquared Contribution 200,000 200,000 - 0.0% Total Operating Expenses 4,411,983 4,741,146 (329,164) 93.1% Net Income/(Loss) Before Other Revenue and Expenses 1,206,978 651,704 555,274 185.2% Other Income Unrealized Gain/(Loss) on Investments 55,730 - 55,730 0.0% Other Expenses FFE & Improvements 456,977 511,000 (54,023) 89.4% Depreciation Expense 103,132 Cost of Goods Sold 2,958 Net Income/(Loss)699,641 140,704 503,207 497.2% Experience Fayetteville Year-to-Date DRAFT FINANCIALS - UNAUDITED 14 Modified Accrual Fayetteville A and P Commission Statement of Budget, Revenue and Expense Year-to-Date @ December 31, 2024 Actual Budget Over/(Under) Budget % of Budget Revenue Rental Revenue 749,170 605,255 143,915 123.8% Event Revenue 5,744 13,650 (7,906) 42.1% Parking Revenue 40,916 35,000 5,916 116.9% Interest and Investment Revenue 114 100 14 114.2% Total Revenue 795,944 654,005 141,939 121.7% Expenses Operating Expenses Rental Expenses 109,386 214,500 (105,114) 51.0% Event Expenses 11,730 33,000 (21,270) 35.5% Personnel 643,183 663,431 (20,248) 96.9% Sales & Marketing 11,927 29,350 (17,423) 40.6% Office and Administrative 316,057 375,305 (59,248) 84.2% Total Operating Expenses 1,092,283 1,315,586 (223,303) 83.0% Net Income/(Loss) Before Other Revenue and Expenses (296,339) (661,581) 365,242 44.8% Other Expenses FFE & Improvements 312,159 460,000 (147,841) 32.1% Depreciation Expense 119,202 0.0% Net Income/(Loss)(727,699) (1,121,581) 393,882 64.9% Town Center Year-to-Date DRAFT FINANCIALS - UNAUDITED 15 ASSETS Current Assets Cash 3,877,511 Investments 1,303,840 Accounts Receivable 612,841 Prepaid Expenses 40,014 Deposits 40,838 Inventory Asset 21,449 Total Current Assets 5,896,494 Other Assets Capital Assets Furniture & Fixtures 169,248 Equipment 756,009 EF/CVB Building 940,410 EF/CVB Land 198,621 Building Additions 1,451,322 Walker-Stone House 1,174,064 Vehicles 122,860 Construction in Progress 426,390 Accumulated Depreciation (1,913,268) Total Other Assets 3,325,657 TOTAL ASSETS 9,222,150 LIABILITIES AND EQUITY Current Liabilities Accounts Payable 161,782 Unearned Revenue 166,086 Total Liabilities 327,868 Long Term Liabilities Notes Payable - City of Fayetteville Solar 386,825.75 Total Liabilities 386,825.75 Equity Unreserved Fund Balance 6,958,825 Operating Reserve 1,000,000 Capital Reserve 412,000 Temporarily Restricted Funds 45,558 Net Revenue Gain/(Loss) on Investments 55,730 Net Revenue 35,343 91,073 Total Equity 8,507,456 TOTAL LIABILITIES AND EQUITY 9,222,150 Fayetteville A&P Commission Balance Sheet As of December 31, 2024 DRAFT FINANCIALS - UNAUDITED 16 MEMO TO: Jennifer Walker, Interim CEO and Fayetteville Advertising & Promotion Commissioners From: Sarah King, VP of Marketing & Communications Date: January 17, 2025 RE: Agency of Record Contract Renewal Background Outright was selected as Experience Fayetteville’s Agency of Record after a Request for Proposals was issued in Summer 2023. Agency services include audience and campaign research, advertising strategy development, media planning, buying, and execution; Creative production for paid media assets; Ad hoc graphic design; Managing media relations & media pitches. For your consideration: •A change order extending the original Master Services Agreement (MSA) approved in November 2023 •Scope of Work for 2025. Our original agreement, set forth in the MSA, stipulates that a new Scope of Work be submitted for each year of the three year term. Budgetary Impact This expense, a total of $234,000, was approved in the 2025 budget. The annual cost is the same as it was in 2024. Recommendation It is our recommendation that the commission authorize the interim CEO of Experience Fayetteville to enter an agreement for Agency of Record services with Outright in the amount of $234,000 and to amend the end date of the Master Services Agreement to 12/31/2025. 17 - 1 - CHANGE ORDER NO. 1 This Change Order No. 1 to Master Services Agreement is entered into this 8 th day of January, 2025 by and between and between DRD CREATIVE, LLC, a Maryland limited liability company, trading as OUTRIGHT AGENCY, all of its affiliated and subsidiary entities (collectively referred to as “Outright”) and Fayetteville Advertising and Promotion Commission (“Client”; collectively Outright and Client are referred to as the “Parties”), pursuant to the terms of the Master Services Agreement dated December 5, 2023. PROJECT INFORMATION A.The Agreement is changed as follows: 12.1 Term of Agreement. The term of this Agreement shall be extended for twelve (12) months ending December 31, 2025. WITNESS WHEREOF, each of the Parties hereto has caused this Change Order No. 1 to be executed by its duly authorized agent. By: By: Name: Jared Schwartz Name: Jennifer Walker Company: Outright Company:_Experience Fayetteville Title: CEO Title: Interim CEO 18 SCOPE OF WORK No. 3 Statement of Work for Fayetteville Advertising & Promotion Commission This Statement of Work (“SOW”) #3, dated as of January 1, 2025, is subject to the terms and conditions of the Master Services Agreement (the “Agreement”), DRD CREATIVE, LLC, a Maryland limited liability company, trading as OUTRIGHT AGENCY, all of its affiliated and subsidiary entities (collectively referred to as “Outright”) and Fayetteville Advertising & Promotion (“Client”) dated as of January 1, 2024. The terms below shall be in addition to all terms contained in the Agreement, which will continue in full force and effect. In the event of a conflict between this Statement of Work and the Agreement, this Statement of Work shall control. Term for this Statement of Work This Statement of Work is effective as of January 1, 2025. Scope And Definition of Relationship This SOW confirms that the Fayetteville Advertising & Promotion Commission, hereinafter referred to as Client, has Outright Agency, hereinafter referred to as Outright, as their Agency of Record beginning on January 1, 2024. SOW#3 covers the second year of a 3-year engagement. Subsequent years of the relationship will be covered by future SOWs. As your Agency of Record partner, Outright has been retained to execute and/or oversee the research, planning, creative production and execution on advertising and marketing projects needed to promote the Client and as directed by the Client. Under this agreement, the Agency has authority to purchase media and outside services on Client's behalf, as well as receive standard agency compensation. Deliverables Agency services to be covered by the retainer include the following: •Ongoing project management •Weekly meetings •Audience and campaign research •Strategy development •Media planning, buying, and execution •Ongoing media optimizations •Ongoing and ad-hoc reporting •Creative campaign concepting •Creative production for paid media assets •Motion & static asset development •Landing page and website design improvements •Ad hoc graphic design •Managing media relations & media pitches •Correspondence with vendors, earned media & client 19 Assumptions: 1)Outright’s regular working hours are 9:00 am - 6:00 pm EST, Monday through Friday, excepting holidays. It is expected that all work will take place roughly within these hours. 2)The Client will assign a dedicated Project Manager to the engagement that will serve as Outright's single point of contact throughout all phases of the work. It will be the responsibility of the Client Project Manager to set up and schedule all interviews and meetings with appropriate Client key stakeholders, administration, and staff. 3)The Client will designate one (1) person responsible for approval and signoff of all documents including but not limited to milestones and contracts. 4)Outright will submit all advertising plans, creative assets and media schedules to the Client for approval prior to launching paid media campaigns. 5)The Client will be available to answer questions, provide project-related decisions and remove roadblocks in a timely manner. 6)The Client will provide access to social media, Google Analytics, Arrivalist, and/or other platforms required for running paid media campaigns. 7)Client will be responsible for approving final ad copy and ad proofs. Client will be responsible for any translation services required. 8)Client will provide Outright access to existing photography and video assets for use in campaign creative. 9)This scope of work does not include fee services related to: Visitor's Guide design, development, printing and advertising, Video production services, Photography services, Website development or Social media content marketing/management. 10)Development of campaign motion assets assumes creation of simple, social assets (i.e. :06-:15 video, IG stories, etc). Creation of video content requiring video production, long-form content, scripting/storyboarding would require a separate SOW. 11)Assumes time for Outright to make up to 2 on-site trips to Client each year. Additional trips may require additional budget. Travel expenses to be billed separately. 12)Assumes ongoing management for 2-3 platforms: programmatic + one other (search, social, tbd) + one out-of-home (bus, billboards, tbd). Inclusion of additional platforms may impact services budget. Outright reserves the right, in its sole and absolute discretion, to select ad vendors (including itself and/or any related or affiliated entities) for performance of the Services. Notwithstanding anything contained herein to the contrary, the respective fees charged by such ad vendors shall be paid by the Client and shall be non-refundable. 13)Outright can assist in simple website updates related to campaign landing pages (i.e. providing landing page design assets and direction), however development and implementation will require additional budget, or will fall under the responsibility of the Client. 14)Outright can assist with selection and coordination of printers and out-of-home vendors, but estimate does not include cost for material printing or installation. 15)Outright can pay media vendors on behalf of the Client for a 5% service fee and media funds must be received before Outright can pay vendors on behalf of the Client. Table 1 – Media Budget The 2025 media budget is still to be determined but assumed to be in line with recent media budgets (~$300,000). Significant increases in the media budget may result in increased project fees. 20 Outright can pay vendors on behalf of the Client for a 5% service fee and media funds must be received before Outright can pay vendors on behalf of the Client. Outright will invoice Client on a quarterly basis for prepaid media fees. Table 2 – Project Fees The project will be billed on a monthly retainer of $19,500 per month. Outright will track time spent to the retainer over the course of the calendar year and notify Client if activities or requests would exceed retained services and require additional budget or a new scope of work. Specific services will vary month to month, but an approximate monthly breakdown is provided below. The costs below reflect a fixed monthly price based upon estimated monthly hours dedicated to supporting Client as your Agency of Record. We recognize that some months may have more time dedicated to design and campaign concepting and planning, while others may be more focused on ongoing advertising management, data analysis, etc. Estimated Ongoing Agency Monthly Retainer Fees Task Deliverable Hours Cost Project Management •Ongoing project management time •Biweekly meetings 16 $3,040 Paid Media Campaign Management & Reporting •Research •Strategy development •Media planning, buying, and execution •Ongoing optimizations •Reporting 32 $6,080 Creative Design & Development •Campaign concepting •Creative production for paid media assets •Video & static creative development •Landing page and website design assets •Ad hoc design requests 42 $7,980 Earned Media, Media Relations, Crisis Communications •Managing media relations •1-2 media pitch per month •Briefing sheets, correspondence with media & client •Reactive vetting of journalists + fam tour vetting •Support for crisis communications as needed (up to 2 scenarios total, not monthly) 18 $3,420 Monthly Subtotal 108 $20,520 Monthly Total 5% Outright AoR Discount Applied (-$1,020) $19,500* Yearly Total $234,000 21 BILLING SCHEDULE: RATES: All Client approved services in excess of the project fee will be on a Time and Materials (‘T&M”) per hour basis of $225 per hour for all anticipated Roles. NOTE 1: For any services requested outside the scope of Services described herein, consulting fees shall be charged using the $225 per hour rate for all anticipated roles. Outright will obtain Client’s prior approval before performing any Consulting Services not covered in the Scope of Services herein. NOTE 2: Client will provide all logos, font information, and photography to be used on the site and will have secured all necessary rights to these materials. Any royalty stock photography, audio and video clips, and special fonts that are selected for the site by Outright with Client approval will be invoiced in addition to Outright professional service fees. NOTE 3: Reimbursable expenses are invoiced at cost and are in addition to any Services defined above and would typically include, but are not limited to: •Travel mileage at current IRS allowed rates. (This rate may change during the course of this contract based on new IRS allowances.) •Travel (air fare, car rental, etc.) related to project activities including hotel stays at Client locations •Stock photography, Stock video footage, Sound bed, Voice Over talent, Sound design •Meals while traveling on Client business •Large Report preparation costs (copying, binding, presentation boards, etc.) •Overnight delivery and other postage •Software, hardware or other equipment costs. •Invoices for reimbursable expenses are due upon receipt. Outright Agency SCOPE OF WORK No. 3 Statement of Work for Fayetteville Advertising & Promotion Commission Agreed and Accepted by: Outright Agency Client By: By: __________________________ Name: Name: Title: Title: Date: Date: 22 THIS MASTER SERVICES AGREEMENT (“Agreement”) is entered into __________, 2023 by and between DRD CREATIVE, LLC, a Maryland limited liability company, trading as OUTRIGHT AGENCY, all of its affiliated and subsidiary entities (collectively referred to as “Outright”) and the Fayetteville Advertising and Promotion Commission, a governmental agency established by Ordinance No. 2310 of the City of Fayetteville pursuant to Arkansas law (Ark. Code Ann. § 26-75-605) (“Client”; collectively Outright and Client are referred to as the “Parties”). RECITALS WHEREAS, Outright is a professional firm that provides creative communication services through various vehicles, including without limitation, branding, website design, collateral development, motion graphics and data visualization as well as general marketing and consulting services and anything incidental or ancillary to the above, all as used in business (collectively, “Marketing Services” or “Services”); WHEREAS, the Client has engaged Outright to provide Marketing Services within the Client’s business, including without limitation any subsidiaries; WHEREAS, Client acknowledges that Outright provides Marketing Services under this Agreement, which may be supplemented with “Statements of Work” or other agreements signed by the Parties that may contain additional terms and conditions relating to a specific Marketing Service; and WHEREAS, the Parties wish to memorialize the terms, conditions and rights conferred upon the Parties. NOW THEREFORE, in consideration of the foregoing Recitals (which are incorporated into and will be deemed a substantive part of this Agreement) and the mutual promises and covenants herein contained, the Parties hereto agree as follows: 1.DEFINITIONS. Throughout this Agreement, the following capitalized terms shall have the meanings specified: 1.1 Best Efforts. The phrase “Best Efforts” shall mean that Outright will make their best attempt, in good faith, to accomplish the objectives set forth in a specific Statement of Work or project. 1.2 Control of Client. The phrase “Control of Client” shall refer to those environmental factors to which Outright service efforts are subordinate and are impacted by the Client’s degree of influence and management over its resources. A determination whether a factor is within the Control of Client shall be made at Outright’s reasonable discretion. 23 1.3 Outside of Scope. The phrase “Outside of Scope” refers to a service requested by the Client and/or performed by Outright which is not delineated in the specifications of a Statement of Work, and thereby, may be subject to additional fees. 1.4 Statement of Work. The phrase “Statement of Work” refers to any offer for services and/or product issued by Outright be it in the form of a proposal, quotation, change order, professional service request, professional scope document, work order or statement of work. 2.PROFESSIONAL SERVICES. For each project requiring Services, the parties will execute a mutually agreed upon Statement of Work with respect to such project provided, however, that neither party is obligated to enter into any Statement of Work. Product purchases will be made pursuant to a Statement of Work, purchase order, or by a quotation to Client from which Client places an order. The Parties agree that the terms and conditions of this Agreement shall apply to all Statements of Work, quotations, Change Order Statements and/or purchase orders executed simultaneous or subsequent to this Agreement and shall be deemed incorporated into and made a part of this Agreement. 3.STATEMENT OF WORK, OUTSIDE OF SCOPE, CLIENT DELAYS & FORCE MAJEURE. 3.1. Statement of Work. Services to be provided pursuant to a Statement of Work are strictly limited to those services listed on the Statement of Work. Any modification, enhancement, installation, continuation of processes or any service of any kind not specifically listed on the Statement of Work is considered “Outside of the Scope” of the Statement of Work and may be subject to additional terms and fees. 3.2. Outside of the Scope. Outright shall not be obligated to perform any request that in its reasonable discretion it deems is Outside of the Scope of the Statement of Work until a formal written “Change Order Statement” is completed and signed by the Parties. 3.2.1. A Change Order Statement shall be limited to the specific items set forth therein and shall not otherwise obviate, amend or supersede a Statement of Work unless expressly set forth in such Change Order Statement. 3.2.2. Any hours expended by Outright to prepare a Change Order Statement requested by Client are billable to the Client even if the Client does not ultimately approve the requested Change Order Statement, it being acknowledged and understood that Outright is not obligated to prepare or pursue any Change Order Statement. 3.3. Client Delays. Client acknowledges that its failure to meet scheduled dates of performance may have a detrimental effect on meeting project milestone dates. In these circumstances, Outright reserves the right to reasonably amend the milestone dates outlined in the Statement of Work to reflect the delay. 3.4. Force Majeure. Outright shall be excused for the period of any delay in the performance of any obligation hereunder when prevented from so doing by cause or causes beyond 24 Outright’s control which shall include, without limitation, all labor disputes, civil commotion, war, warlike operations, invasion, rebellion, hostilities, military or usurped power, sabotage, governmental regulations or controls, fire or other casualty, inability to obtain any material or services or through acts of God. 4.TRAVEL & INCIDENTAL EXPENSES. Unless otherwise provided in any Statement of Work issued pursuant to this Agreement, amounts quoted by Outright for services under this Agreement or any Statement of Work do not include travel or incidental expenses. The Client agrees to pay for all actual Travel Expenses or Incidental Expenses incurred by Outright or its subcontractors. Notwithstanding the foregoing, Outright shall be required to obtain prior approval of the Client for all Travel Expenses, in Client’s sole discretion. 4.1. Travel Expenses. “Travel Expenses” consist of transportation costs incurred by Outright to travel on-site to a customer's location including, but not necessarily limited to: (1) the actual cost of economy fare travel by airplane, train, bus, taxi or other transportation other than a personal or Outright vehicle; (2) in the event of use of a personal or Outright vehicle, Travel Expenses shall include a mileage expense calculated by multiplying the actual miles to the Client’s site from the nearest Outright branch office by the current Internal Revenue Service (“IRS”) standard mileage rate for business miles; and (3) travel time, which shall equal fifty percent (50%) of the hourly rate. 4.2. Incidental Expenses. “Incidental Expenses” consist of out of pocket expenses incurred by Outright while on-site at a customer’s location including without limitation reasonable lodging, meals, parking fees and tolls, and supplies for the engagement. 4.3. Invoicing. Travel and Incidental Expenses are invoiced to the Client as the expenses are incurred. 5.PURCHASE OF LICENSED INTELLECTUAL PROPERTY. 5.1. Third-Party Owned Intellectual Property. In addition to the other provisions of this Agreement, Client acknowledges that, it may be required to sign additional licensing or other related agreements as required by any third-party owner of any Intellectual Property that may be incorporated in any Service provided by Outright. For purposes of this Agreement, “Intellectual Property” (or “IP”) shall mean any work or invention that is the result of creativity, such as a manuscript or a design, to which one has rights and for which one may apply for a patent, copyright, trademark or similar protection. Outright may provide the Client with guidance on the selection of such Intellectual Property; however, Client acknowledges that such guidance is intended as a suggestion only. The terms and conditions of any licensing agreement in effect at the time of delivery of the Service will have the same force and effect as though the agreement had been signed directly by the Client and the Client agrees to adhere to the terms and conditions of any such agreement. 5.2. Third Party Owned Intellectual Property. Outright does not guarantee, assure or represent that any third-party Intellectual Property is owned exclusively by such third-party. 25 5.3. Non-Refundable. Client acknowledges and understands that the licensing of IP or sale of IP is final, non-refundable and cannot be returned or exchanged for any reason whatsoever, including but not limited to, the Client canceling any Statement of Work issued under this Agreement, to the extent permissible, or canceling any service of any kind. Outright shall be entitled to collect, and the Client shall be obligated to pay in full, any and all payments due on the licensing or purchase of IP. 5.4. Sales Tax Exemption. Until such time as Client provides to Outright a sales tax exemption certificate, the applicable sales tax shall be included on the invoicing of any IP, to the extent lawfully required. The Client agrees to pay any applicable sales tax. 6.PAYMENT. 6.1. Priority of Payment Terms. The Parties acknowledge that they have mutually agreed to the terms of payment stipulated in this Agreement or any Statement of Work issued under this Agreement and that such amounts and due dates delineated therein are not subordinate to or dependent upon the execution of any terms or conditions existing outside this Agreement, in particular, but not restricted to, those terms and conditions that may exist in any financing or leasing arrangement engaged in by the Client with any person or entity not a party to this Agreement. 6.2. Third-Party IP Invoicing. Unless otherwise provided in any Statement of Work issued under this Agreement, third-party IP, if any, will be invoiced in full immediately and the standard payment term extended on invoices is “Due upon Receipt” and shall not be contingent upon obtaining a specified result. Unless expressly otherwise set forth on a Statement of Work, Outright will render all other invoices on a monthly basis. 6.3. Services Payment Terms. Notwithstanding anything to the contrary stated in any Statement of Work issued under this Agreement, the standard payment term extended on service Invoices is “Net 30 Days”. 6.4. Late Payment Interest; Cost of Collection. The Client agrees that any payment that remains unpaid thirty (30) days after payment is due shall accrue interest at twelve percent (12%) per annum. Client agrees to pay all costs incurred by Outright in the collection of any outstanding fees, interest, and including without limitation reasonable attorneys’ fees, and court and other costs. 6.5. Payment Retention. If, for any reason whatsoever, the Client declines, cancels or prevents the rendering of services engaged under this Agreement prior to the completion of such services (“Cancellation”), Outright shall be entitled to full payment for the services it provided through the date of Cancellation. Should the amounts collected by Outright for services from the Client be in excess of the amount due Outright through the date of Cancellation, such excess shall be refunded to the Client by Outright within thirty (30) days of the Cancellation 26 date. The amount due for services through the date of Cancellation shall be determined by Outright in collaboration with Client. 7.ACCEPTANCE. 7.1. Acceptance Period. Upon the later of (1) receipt of any Statement of Work deliverable or service, or (2) upon the receipt of invoice for services billed as incurred, the Client shall, within a period of thirty (30) days of such receipt, provide Outright with a detailed written description of all objections, if any, relative to the deliverable or service (“Acceptance Period”). Outright shall, as expeditiously as possible, provide resolution (“Rework”) for any such objections that Outright and the Client mutually determine fall within the intended scope of the Statement of Work. The Client shall be deemed to have accepted the deliverable or service unless the Client provides Outright written notice of such objections within the Acceptance Period. 7.2. Resolution Period. Within ten (10) days after the receipt of the Rework, the Client must notify Outright in writing if any of the “agreed to” objections provided under Section 7.1 remain unsatisfied. If the Client does not so notify Outright in writing of any remaining objections within the such ten (10) day period, the Rework shall be deemed to have been accepted by the Client. If it is mutually determined that any remaining objections fall within the originally intended scope of the agreement, Outright will make additional revisions as expeditiously as possible and the process described in this section shall be repeated until the objections are resolved. 7.3. Charges for Rework. Hours incurred for Rework as a result of factors under the Control of the Client shall be invoiced to the Client at the rates set by Outright in the applicable Statement of Work. Hours incurred for Rework as a result of factors under the control of Outright shall not be billable to the Client. The determination of whether a factor is in the control of Outright or the Client is made by Outright in collaboration with Client. At Outright’s reasonable discretion, Outright may detail the billable services for Rework in a Change Order Statement in accordance with other provisions of this Agreement. 8.CLIENT RESPONSIBILITIES. 8.1. Compliance. It is the sole responsibility of the Client to ensure that its systems, processes and procedures comply with any and all relevant laws or regulations and any industry, reporting or process standard including, but not limited to, Securities & Exchange Commission standards, FASB, AICPA or any other accounting standards, IRS regulations, HIPAA privacy Client Negligence and/or Performance Failure. Assistance or support provided by Outright in cases of Client negligence or performance failure(s) may, at Outright’s sole discretion, be billable to the Client. 8.2. Insurance Requirements. The Client shall carry and maintain insurances of the types and minimum coverage amounts as reasonably requested by Outright under the Statement of Work or as requested by Outright thereafter, in all such cases naming Outright as an 27 additional insured. All such insurance shall be issued by a highly rated company as approved by Outright. The Client shall have no rights in any policy or policies of insurance maintained by Outright, or any proceeds paid or payable therefrom, and shall not, by reason of this Agreement be entitled to be named as a named insured thereunder, except as expressly otherwise set forth in a Statement of Work or Change Order. The Client hereby releases Outright, its members, owners, officers, directors, employees, agents from liability or responsibility or anyone claiming through or under them by way of subrogation or otherwise, for any loss or damage to property covered by valid and collectable “Special Perils Insurance”, or other policy of insurance covering casualty losses, even if the fire or other casualty has been caused by the fault or negligence of Outright or anyone for whom that party may be responsible. 9.OWNERSHIP RIGHTS. 9.1. Custom Applications. Client acknowledges that any custom applications, designs, graphics or other IP provided or created by Outright, or collaboratively with the Client, are on a non- exclusive basis and that Outright or Client retains the right to re-use the substantially similar applications, designs, graphics or other IP. 9.2. Intellectual Property. All Intellectual Property, ideas, concepts, know-how, processes or techniques developed pursuant to this Agreement by Outright, or collaboratively with the Client, belong solely to Outright. However, subject to Outright’s rights under Section 9.1, the Client shall be a co-owner of any designs, graphics, code or other materials that Outright creates pursuant to this Agreement for the Client; for the avoidance of doubt, Client’s ownership shall not prevent Outright from re-using a substantially similar application, design or graphic or other IP for any other customer, upon obtaining client’s prior written consent, which consent shall not be unreasonably conditioned, withheld or delayed. 9.3. Portfolio Use. Regardless of any provision of this Agreement, with permission from the Client, Outright may use any Intellectual Property, designs, graphics or any other marketing materials that Outright created or provided pursuant to this Agreement for its professional portfolio and may display any such items to other customers or any other person for any other reasonable purposes. Client may use any Intellectual Property, designs, graphics or any other marketing materials that Outright created or provided pursuant to this Agreement for its professional portfolio and may display any such materials. 9.4. Safeguarding of Proprietary Rights. The Client agrees to safeguard Outright’s proprietary Services and IP with the same degree of care and skill that it accords Client's own proprietary data. The Client's employees or agents shall not divulge, transfer, assign, sell, license, franchise, sublease or otherwise convey the Services and IP or any portion thereof, whether in printed, electronic, magnetic or any other form to any third party, person, or organization except as contained in this Agreement so long as Outright labels in writing such information as confidential. 28 9.5. Client’s Confidentiality. Subject to the limitations set forth below, with respect to financial, statistical, or personnel data relating to the Client's business which is clearly designated as confidential, and which is submitted to Outright by the Client in order to carry out this Agreement, Outright will instruct its personnel to keep such information confidential by using the same care and discretion that it uses with similar data that Outright designates as confidential. 9.5.1. Outright shall not be required to keep confidential any data which is or becomes publicly available, is within Outright’s possession prior to the execution of this Agreement, is independently developed by Outright outside the scope of this Agreement or can be rightfully obtained from third parties. 9.5.2. Outright shall not be required to keep confidential any ideas, concepts, know- how, processes or techniques relating to data processing submitted to it or developed during the course of this Agreement by Outright’s personnel or jointly by Outright’s and the Client's personnel. 9.6. Non-Exclusive Services. Client acknowledges that services provided under this Agreement are on a non-exclusive basis and Outright is not restricted in any way from performing similar services for other clients either concurrent with, or subsequent to, this Agreement. Notwithstanding the foregoing, during the term of this Agreement, Outright shall be prohibited from performing similar services for any other advertising and promotion commission, visitor’s center, or equivalent city tourism office or agency, within a 120-mile radius of Fayetteville, Arkansas. 9.7. Non-Exclusive Personnel. The Client acknowledges that Outright personnel provided under this Agreement are provided on a non-exclusive basis and that Outright possesses full control of the assignment of its personnel. The Client acknowledges that Outright may from time to time assign the same personnel to multiple clients, either concurrent with, or subsequent to, this Agreement. Outright will make every effort consistent with sound business practices to honor the specific requests of the Client with regard to the assignment of Outright personnel. 9.8. Right to Use Subcontractors. The Client acknowledges and agrees that Outright may, without consent, approval or notice to Client, subcontract with any affiliated or unaffiliated subcontractors or companies for Services to be performed under any Statement of Work or this Agreement, all as may be required from time to time; provided, however, that Outright shall be fully responsible for the acts and omissions of any subcontractor. 9.9. Non-Solicitation of Employees; Non-Compete. The Client warrants and agrees that it will not hire, retain, solicit or attempt to hire or solicit Outright personnel to work for the Client directly, or indirectly through any associated or affiliated entity or as an independent contractor or with another provider, for the duration of the term (including renewals) of this Agreement and for one (1) year after the termination of this Agreement. 29 9.9.1. Client acknowledges and understands that any attempt to hire or persuade an Outright employee or subcontractor to terminate his or her employment or other relationship with Outright is a direct violation and/or interference with such employment relationship as well as any existing non-compete agreement between the employee and Outright. 9.9.2. The Client acknowledges that it shall be directly liable to Outright for such violation/interference, and as such, shall pay a penalty to Outright equal to two (2) times the annual total compensation (including without limitation all bonuses) of the solicited employee or thirty (30) times the total payments to a subcontractor during the most recent twelve (12) month period. 9.9.3. The Parties expressly agree and acknowledge that it is not their intention that this Section 9.9 violate any public policy or statutory or common law. If a court of competent jurisdiction renders a ruling (sustained on appeal, if any) holding that any one or more of these provisions, including the stated term and geographic coverage, constitutes an unreasonable restriction, then the parties specifically agree that these provisions will not be rendered void but will apply to such extent and as to such time period and geographic areas as the court may determine constitutes a reasonable restriction under the circumstances. 9.9.4. The Client acknowledges and agrees that the covenants contained in this Section 9.9 are reasonable covenants under the circumstances, and further agrees that if, in the opinion of any court of competent jurisdiction, such covenants are not reasonable in any respect, such court shall have the right, power and authority to excise or modify such provision or provisions of such covenants as to the court shall appear not reasonable and to enforce the remainder of such covenants as so amended. 10. LIMITATION ON LIABILITY. 10.1. Limitation of Liability. EXCEPT IN THE CASE OF INTENTIONAL MIDCONDUCT OR GROSS NEGLIGENCE BY OUTRIGHT OR OUTRIGHT’S AGENTS, EMPLOYEES, OR CONTRACTORS, CLIENT ACKNOWLEDGES AND AGREES THAT OUTRIGHT’S LIABILITY UNDER THIS AGREEMENT IS LIMITED TO THE SPECIFIC PERFORMANCE OF THE DELIVERABLES AS DEFINED IN ANY STATEMENT OF WORK ISSUED UNDER THIS AGREEMENT, AS DIRECTED AND APPROVED BY CLIENT. 10.2. Waiver of Damages Liability. IN THE EVENT ANY PROVISION OF THIS SECTION IS HELD INVALID, ILLEGAL OR UNENFORCEABLE IN ANY RESPECT, OUTRIGHT'S LIABILITY UNDER THIS AGREEMENT WILL NOT EXCEED THE FEES RELATING TO THE WORK GIVING RISE TO THE CLAIM PAID BY THE CLIENT TO OUTRIGHT UNDER THIS AGREEMENT OR ANY STATEMENT OF WORK ISSUED HEREUNDER, OR IF NO SUCH AMOUNT IS IDENTIFIED, AN AMOUNT REASONABLY ASCRIBED BY OUTRIGHT IN CONNECTION WITH SUCH CLAIM. HOWEVER, SUCH WAIVER OF 30 DAMAGES PROVIDED HEREUNDER IS AGREED TO SO LONG AS CLIENT HAS APPROVED AND AGREED TO OUTLOOK’S PERFORMANCE AND DELIVERABLES. 10.3. Exception. Nothing in this Section 10 shall be construed to limit the rights and responsibilities of the Parties relating to indemnification under this Agreement in any way. 11.LIMITED WARRANTIES. 11.1. Limited Professional Service Warranty. OUTRIGHT WARRANTS ONLY THAT THE SERVICES PROVIDED UNDER THIS AGREEMENT AND ANY STATEMENT OF WORK ISSUED HEREUNDER SHALL BE PERFORMED IN A PROFESSIONAL AND WORKMAN- LIKE MANNER CONFORMING TO COMMERCIALLY REASONABLE STANDARDS AND PRACTICES. 11.2. Limited Warranty on Products. THE CLIENT’S SOLE AND EXCLUSIVE REMEDY FOR IP PURCHASED OR LICENSED FROM THIRD-PARTIES, IN EQUITY OR IN LAW, SHALL BE LIMITED TO THE EXTENT OF THE PROVIDER OR SELLER. 11.3. Remedy for Breach of Warranties. THE CLIENT’S SOLE REMEDY WITH RESPECT TO A BREACH OF WARRANTY UNDER THIS AGREEMENT SHALL BE TO HAVE OUTRIGHT REWORK IN ACCORDANCE WITH THIS AGREEMENT. IF OUTRIGHT IS UNABLE TO DO SO WITHIN A REASONABLE PERIOD OF TIME, THEN, SUBJECT TO THE LIMITATIONS SET FORTH IN THIS AGREEMENT, THE CLIENT MAY PURSUE ITS REMEDIES AT LAW TO RECOVER DIRECT DAMAGES RESULTING FROM THE BREACH OF THE APPLICABLE WARRANTY ONLY IF THE CLIENT HAS PAID ALL MONIES OWED TO OUTRIGHT UNDER THIS AGREEMENT OR ANY STATEMENT OF WORK HEREUNDER. THE REMEDIES SPECIFIED IN THIS SECTION ARE EXCLUSIVE AND IN LIEU OF ALL OTHER REMEDIES, AND REPRESENT OUTRIGHT’S SOLE OBLIGATIONS FOR A BREACH OF ANY OF THE FOREGOING WARRANTIES. IN ORDER TO VALIDATE ANY OF THE LIMITED WARRANTIES, THE CLIENT MUST PROVIDE THE APPROPRIATE NOTICE OF OBJECTIONS AS REQUIRED PURSUANT TO THIS AGREEMENT. 11.4. Disclaimer of Warranty. THE LIMITED WARRANTIES SPECIFIED IN THIS SECTION ARE THE CLIENT’S SOLE AND EXCLUSIVE WARRANTIES. OUTRIGHT MAKES NO OTHER WARRANTIES WHATSOEVER, EXPRESS OR IMPLIED, IN WHOLE OR IN PART, OR ANY OTHER MATTER UNDER THIS AGREEMENT. OUTRIGHT EXPLICITLY DISCLAIMS ALL WARRANTIES OF INFRINGEMENT, MERCHANTABILITY AND OF FITNESS FOR A PARTICULAR PURPOSE. 12.TERM & TERMINATION. 12.1. Term of Agreement. The initial term of this Agreement shall be for twelve (12) months commencing January 1, 2024 and ending December 31, 2024. 12.2. Termination. 31 12.2.1. Without Cause. This Agreement may be terminated by Outright without cause effective provided that Outright delivers written notice of its intent to terminate to the Client at least thirty (30) days prior. This Agreement may be terminated by Client without cause provided that the Client delivers written notice of its intent to terminate to Outright at least thirty (30) days prior to such termination. 12.2.2. With Cause. At any time during the term in effect, should either party be in breach of any of its obligations under this Agreement and such breach shall remain unresolved for thirty (30) days following written notice of such breach by the aggrieved party, at its election, the aggrieved party may terminate this Agreement with notice to the other party. 12.2.2.1. “With Cause” shall mean: i)The initiation of an assignment for the benefit of creditors of either party; ii)The voluntary filing of a petition for bankruptcy on either party; iii)The adjudication of bankruptcy or insolvency by either party; iv)The consent in an appointment of a Trustee or Receiver to the liquidation of substantially all property; v)The reorganization, liquidation, sale or dissolution of a party’s business entity; vi)A party files a petition seeking liquidation, reorganization, composition, arrangement, reorganization, readjustment or similar relief under any statute, law or regulation; vii) The Client’s solicitation or hiring of Outright’s employees; viii)A material breach of this Agreement or a Statement of Work; and ix)The Client’s failure to make timely payment, and such failure continues for a period of (5) business days. 12.2.2.2. “With Cause” does not include delay or failure of performance on the part of either party wherein such delay or failure is due to circumstances beyond such party’s reasonable control. 12.2.2.3. Any termination of this Agreement pursuant to Section 12.2 shall become effective ten (10) days following receipt of notice of such termination. 32 12.2.2.4. Except as otherwise set forth in this Agreement, upon termination, Outright shall transfer all work-product in Outright’s possession to the Client, to the extent permissible as well as all contracts with any third- parties that pertain to Services provided hereunder. The Client expressly acknowledges that Outright is a signatory to certain union agreements covering talent used in broadcast materials, which generally cannot be assigned except to signatories to such collective bargaining agreements governing services rendered by such talent. 12.3. Survivability. The rights and obligations owed to Outright and acquired through the date of termination shall survive the termination of this Agreement and shall not be affected in any way by such termination. 12.4. Effect on Statement of Works. The provisions of this section are notwithstanding any additional terms for termination stated in any Statement of Work issued under this Agreement, and as such, said additional terms shall also apply. Unless prohibited in any Statement of Work issued under this Agreement, the termination of this Agreement shall also simultaneously terminate all Statements of Work in effect at the time of termination. 13. OUTRIGHT REMEDIES. In the case of a breach by the Client of any provision of this Agreement, Outright shall be solely entitled to direct damages and late fees, as follows: 13.1. Late Fees. Client shall pay Outright an amount equal to the underpaid fees, if any, based on the then-current Outright price list as well as any applicable late charges; late charges shall be assessed against the amount due in arrears at one and one-half percent (1.5%) per month in addition to any interest charges; 14. MISCELLANEOUS PROVISIONS. 14.1. Incorporation & Priority of Terms. The terms and provisions of this Agreement shall govern and be incorporated in all Statements of Work issued under this Agreement. The terms and conditions of this Agreement shall supersede any conflicting provisions contained in any proposal or Statement of Work issued under this Agreement. The terms and conditions of this Agreement shall supersede any conflicting provisions proposed by the Client in its terms and conditions of its purchase orders, contract or other notifications. Any payment received by Outright or performance by Outright shall not be deemed to be, or be evidence of, Outright's assent to any terms and conditions other than the terms and conditions stipulated in this Agreement. Payment made by the Client shall be deemed to be, and shall evidence, Client's assent to the terms and conditions of this Agreement. 14.2. Entire Agreement. This Agreement constitutes the entire understanding between the Parties with respect to the subject matter hereof, and supersedes any and all prior and contemporaneous agreements, understandings, negotiations, representations by Outright, and discussions of the Parties, whether oral or written. 33 14.3. Amendments. No amendment, modification or waiver of this Agreement shall be binding unless executed in writing by the Parties hereto, or in the case of a waiver, by the party granting such waiver. 14.4. Waiver of Terms. No waiver of any provision of this Agreement shall constitute a waiver of any other provision of this Agreement, whether or not similar, nor shall such waiver constitute a continuing waiver unless otherwise expressly provided in writing. 14.5. Indemnification. Each party shall defend, indemnify and hold harmless the other party and its affiliates and their officers, directors, employees and managers from and against all actions, suits, claims, losses, liabilities and damages, costs, expenses, including, but not limited to, reasonable attorneys’ fees, arising from or relating to any act or omission of the indemnifying party, its employees, agents, or other independent contractors or arising out of or relating to this Agreement, including, but not limited to, the infringement of a third party’s intellectual property or other proprietary rights. Each party will promptly notify the other of any claim asserted against it for which such indemnification is sought. In no event will the indemnifying party, without the reasonable consent of the indemnified party, enter into any settlement that reasonably can be expected to require a material affirmative obligation of, results in any ongoing material liability to, or materially prejudices the indemnified party. 14.6. Governing Law. The rights of the parties granted under this Agreement shall be governed, construed, and enforced under the laws of the State of Maryland. 14.7. Jurisdiction; Venue. The Parties consent to the jurisdiction of the state and federal courts situated in Maryland as to all claims or disputes arising hereunder. All parties agree that venue shall be proper in the District and Circuit Courts of Baltimore County, Maryland or the United States District Court for the District of Maryland. 14.8. Waiver of Trial by Jury. THE PARTIES KNOWINGLY AND VOLUNTARILY WAIVE ANY AND ALL RIGHTS TO A JURY TRIAL IN ANY PROCEEDING INVOLVING ANY DISPUTE OR MATTER ARISING UNDER THIS AGREEMENT. 14.9. Severability. If any provision or part of any provision of this Agreement shall for any reason be held invalid, illegal, or unenforceable in any respect, such invalidity, illegality or unenforceability shall not affect any other provisions or the remaining part of any effective provisions of this Agreement, and this Agreement shall be construed as if such invalid, illegal or unenforceable provision or part thereof had never been contained herein, but only to the extent of its invalidity, illegality, or unenforceability. 14.10. Assignment. This Agreement may not be assigned without the prior written consent of the parties, which consent shall not be unreasonably conditioned or withheld. 14.11. Modification of Provisions. No modification of this Agreement shall be binding on either party unless it is in writing and signed by both Outright and Client. 34 14.12. Use of Names. Outright may use the name of the Client in any advertising or other form of publicity with the prior written permission of the Client. 14.13. Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed an original, and all of which together shall constitute one and the same agreement. This Agreement may be executed and delivered via facsimile or e-mail transmission with the same force and effect as if it were executed and delivered by the parties in the presence of one another. 14.14. Notice. Unless otherwise provided in this Agreement, any notice required or permitted hereunder to the parties hereto will be deemed to have been duly given if delivered in writing personally, sent via e-mail or mailed first class, registered or certified mail to Client and/or Outright, Inc. at the addresses set forth below: IF TO CLIENT: Fayetteville Advertising & Promotion Commission Attn: CEO 21 South Block Avenue, Suite 100 Fayetteville, Arkansas 72701 IF TO OUTRIGHT: DRD Creative, LLC t/a Outright Agency Attn: Darin Ruchirek Outright 9841 Washingtonian Blvd #200, Gaithersburg, MD 20878 Darin@WeAreOutright.com 14.15. Counsel. Throughout the course of the negotiations leading to the execution of this Agreement, both parties acknowledge that they have had the opportunity to consult with legal counsel of their own choice regarding the provisions of this Agreement. 14.16. Rule of Construction. The Parties have reviewed and commented on this Agreement. The normal rule of construction to the effect that any ambiguities are to be resolved against the drafting party may not be employed in the interpretation of this Agreement or any amendments, Statement of Work, or exhibits hereto. 14.17. Headings. Section headings or captions are used in this Agreement for convenience only and do not limit or otherwise affect the meaning of any provision of this Agreement. 14.18. Binding Effect. This Agreement is binding upon and inures to the benefit of the successors and assigns of the Parties. IN WITNESS WHEREOF, the parties hereto, intending to be legally bound hereby, have each caused to be affixed hereto its hand and seal by the undersigned duly authorized representatives on the day indicated hereinbefore. 35 DRD CREATIVE, LLC, t/a OUTRIGHT AGENCY _____________________________ By: By: Name: Jared Schwartz Name: Company: Outright Company: Title: VP of Strategy Title: 36 MEMO TO: Jennifer Walker, Interim CEO and Fayetteville Advertising & Promotion Commissioners From: Sarah King, VP of Marketing & Communications Date: January 17, 2025 RE: Agreement with Arrivalist Background Arrivalist is a cloud-based tourism intelligence platform that uses mobile location datasets to provide insights on consumer behavior and media effectiveness. Last summer, the commission approved a 12-month engagement with the Arrivalist “Trip” module. This contract extends the term of that module and adds a second module, “Media Attribution” • Our Destination Master Plan sets a goal of increasing visitors’ length of stay. The Trip module provides the “nights in market” metric that shows progress toward that goal. • The Media Attribution module is key to shaping our media plan – it allows us to trace visitors’ arrivals in Fayetteville to their exposure to advertising and other media. • This contract synchronizes the terms of both modules so that they will both expire on the same date. Budgetary Impact $45,000 is earmarked for this purpose in the 2025 budget. The expense for 2026 services will be appropriated in the 2026 budget. Recommendation It is our recommendation that the commission authorize interim CEO of Experience Fayetteville to enter into an agreement with Arrivalist, LLC in the amount of $52,250 37 Experience Fayetteville - Attribution & Visitation Renewal 2025 Experience Fayetteville 21 S Block Ave United States Sarah King sking@experiencefayetteville.com Reference: 20250108-211858303 Quote created:January 9, 2025 Quote expires:January 31, 2025 Arrivalist Co (Licensor) 390 NE 191st St STE 8794 Miami,FL 33179 Prepared by: Mike Robertson mike.robertson@airdna.co Order Information Terms of this Order Form:17 months Order Form Start Date: February 2, 2025 Payment Terms Billing Period: Bi-annually Billing Method: Invoice - Bank transfer/ACH Payment Terms:Net 30 Method of Payment:Invoice - Bank transfer/ACH Currency: USD Fayetteville, AR 72701 38 Comments Terms of Agreement: Arrivalist Attribution: 17 months February 2, 2025-June 30, 2026 Arrivalist Visitation renewal: 12 Months: July 1, 2025-June 30, 2026 Billing terms: $8,750 to be billed in February 2025 (5 months of attribution product) $43,500 to be billed in July 2025 (12 months of attribution and visitation) PRODUCTS & SERVICES QUANTITY PRICE DISCOUNT TOTAL Arrivalist Attribution 1 $29,750.00 for 17 months $29,750.00 / Arrivalist Trip - Dashboard 1 $22,500.00 for 1 year $22,500.00 Total $52,250.00 Applicable sales tax will be added to the Customer's invoice and will be payable in addition to the product subscription fee 39 License Terms Arrivalist Services provided under this Order Form are governed by the Arrivalist Terms of Service available HERE ("ToS"), the terms of which are incorporated into this Order Form. The Terms of Service and the Arrivalist Account Set Up Process available here ("ToS") apply to Customer to the extent the specific Service is included in this Order Form, the terms of which are incorporated into this Order Form. No changes or modifications of any kind to this Order Form shall be accepted after execution unless signed in writing by both parties. Any purchase order or similar document (other than a mutually executed and delivered Order Form) that may be issued by the undersigned Licensee in connection with this Order Form does not modify this Order Form or the Order Form to which it pertains. No such modification will be effective unless it is in writing, is signed by each party, and expressly provides that it amends this Order Form (or as applicable, the Order Form). Arrivalist's Terms of Service are available here: https://www.arrivalist.com/terms-service Permitted Uses List of explicit uses permitted by Arrivalist: Internal use only limited to the rights of reproduction, derivation and distribution to internal company employees. This means no Derivative products are permitted to include Arrivalist Data unless agreed in writing by both parties nor is resale to or use by any business other than the Customer Company name in this Order Form. This restriction includes affiliate companies. Individual login details are not permitted to be shared. Negotiated Exceptions to the Terms of Services No exceptions to the Terms of Services Signature I HEREBY REPRESENT THAT: (I) I AM AN AUTHORIZED SIGNATORY FOR CUSTOMER; (II) I HAVE READ AND AGREED TO THE TERMS OF THIS Order Form; AND (III) BY SIGNING THIS Order Form, I AM ENTERING INTO A LEGALLY BINDING CONTRACT. Signature Date Printed name Countersignature 40 Countersignature Date Printed name 41 MEMO TO: Jennifer Walker, Interim CEO and Fayetteville Advertising & Promotion Commissioners From: Sarah King, VP of Marketing & Communications Date: January 17, 2025 RE: Contract with Archetype for Visitor’s Guide Background Experience Fayetteville has not printed a physical visitor’s guide since 2021 – the visitor’s guide has been offered only in a digital version that has been updated periodically. Note that design of a visitor’s guide is specifically excluded from the Agency of Record contract. EF issued a request for proposals last fall, and three proposals were submitted. Archetype is a Fayetteville creative firm with clients including Arsaga’s and Slim Chickens. The contract under consideration includes community engagement, research including interviews, copywriting, original illustration, design, and printing vendor management. Budgetary Impact $120,000 is budgeted for development and printing of a visitor’s guide. Printing costs will be submitted for commission approval later this year. Recommendation It is our recommendation that the commission authorize interim CEO of Experience Fayetteville to enter into an agreement with Archetype in the amount of $46,800. 42 Item Type Description Quantity Unit Price Amount Product PROJECT OUTLINE, STRATEGY, COPYWRITING - 2025 VISITORS GUIDE :: EXPERIENCE FAYETTEVILLE Overview: Archetype to work collaboratively with Experience Fayetteville to produce a new Visitors Guide for the City of Fayetteville for 2025. Content Planning + Project Outline Archetype will begin the project by meeting with key stakeholders to gather insights and content considerations. From this discussion, Archetype will craft a thematic outline and propose relevant companies, individuals, and experiences aligned with the framework. This outline will then evolve into a detailed project roadmap, which will be submitted to Experience Fayetteville for approval prior to content production. Deliverables: - Stakeholder interviews for content considerations - Thematic content outline + plan Community Engagement With content planning and project outlines underway, Archetype is developing a strategy to gather community input for the new Visitors Guide. Feedback will be collected through methods such as social media engagement or third-party surveys. The focus is on simplicity, aligning questions with the established Visitors Guide categories— like food, recreation, and entertainment—to ensure meaningful and actionable insights. Deliverables: - Digital social toolkit with up to 5 posts and stories: design + copywriting - Data management Community Interviews After the content roadmap and themes are approved, Archetype will conduct community interviews featuring a diverse array of artists, chefs, athletes, business owners, and more. These interviews will inform the copywriting for editorial-style articles in the Visitors Guide. 175.00 $120.00 $21,000.00 Estimate From Archetype 831 S. School Ave Fayetteville, AR 72701 Estimate For Experience Fayetteville Estimate ID 2021189 Issue Date 01/07/2025 Subject Experience Fayetteville + Archetype: 2025 Visitors Guide v3 43 Deliverables: - Community interviews - Community representation for each content theme Copywriting Archetype will bring each theme to life with vibrant, editorial-style stories that spotlight Fayetteville’s community leaders and must-visit destinations. Picture your favorite magazine feature—immersive, engaging, and brimming with personality. These narratives will dive deep, making every page a fun and exciting read. Deliverables: - Copywriting for up to 40 pages of content - Minor revisions for each theme/article included Product DESIGN - 2025 VISITORS GUIDE :: EXPERIENCE FAYETTEVILLE Overview: Once the copy is approved, Archetype will transform the content into a visually stunning, editorial-style Visitors Guide. Designed for both print and digital, the guide will pair vibrant photography and thematic illustrations to bring each story to life. With contemporary, editorial flair, every page will exude style and creativity, making it as exciting to look at as it is to read. Deliverables: - Layout and design of up to 40 pages of content - Custom illustrations featured throughout - Custom map illustration general -Minor revisions for each page included -Final artwork packaged in InDesign - Custom envelope design Note: photography provided by Experience Fayetteville. Additional editorial photography available upon request. 160.00 $120.00 $19,200.00 Product VENDOR MANAGEMENT - 2025 VISITORS GUIDE :: EXPERIENCE FAYETTEVILLE Overview: Archetype will identify potential vendors and obtain pricing from a minimum of two providers. Upon scope and contract approval, Archetype will collaborate with the selected vendor to ensure quality assurance across bindings, inserts, materials, and color specifications. Deliverables: - Contract management - Vendor management: press checks an quality assurance Note: printing costs to be provided from chosen vendor and are not reflected on this estimate. 55.00 $120.00 $6,600.00 Subtotal $46,800.00 Tax (0%)$0.00 Estimate Total $46,800.00 Notes Proposed Milestine Timeline: January 2025 - Experience Fay Master Plan meeting February 2025 - Project kickoff with stakeholders * 44 February 2025 - Community survey February 2025 - Vendor outreach March 2025 - Outline draft March 2025 - Outline approvals March 2025 - Community interviews April 2025 - Vendor approvals April - June 2025 - Copywriting drafts provided to Experience Fay on a rolling basis April - June 2025 - Design drafts provided to Experience Fay on a rolling basis July 2025 - Full first draft August 2025 - Print production/management September 2025 - Launch toolkit 45 MEMO TO: Jennifer Walker, Interim CEO and Fayetteville Advertising & Promotion Commissioners From: Sarah King, VP of Marketing & Communications Date: January 20, 2025 RE: Agreement with Bishop Racing for an Adventure Cycling Documentary Background The Impossible Route is a popular documentary series, featuring mountain-biking pro Jeremiah Bishop as he traverses beautifully filmed and photographed landscapes. Past episodes include Death Valley, West Yellowstone, Telluride Hellride, and France. Our agency of record evaluated the potential reach of this documentary and found it to be very favorable and a good value. In addition to the promotional value of the documentary, Experience Fayetteville will also have rights to high-quality photography for our unlimited use. The proposed agreement also includes a screening of the film along with a public event this fall. Budgetary Impact As this project is fully in keeping with the goals of the Cyclocross Legacy Fund, we recommend that Legacy funds be used. Staff is asking for an appropriation of Cycling Legacy funds in the amount of $23,000. There is no impact to the FAP general operating budget. Recommendation It is our recommendation that the commission authorize interim CEO of Experience Fayetteville to enter into an agreement with Bishop Racing in the amount of $23,000 for development of an adventure biking documentary with an appropriation of $23,000 from the Cycling Legacy Fund. 46 Project Summary IMPOSSIBLE ROUTE Rockumentary Episode in Fayetteville: Gateway to Outdoor Adventure Overview: We propose to feature Fayetteville, Arkansas, in an episode of our Impossible Route Gravel Expedition documentary series. This episode will highlight Fayetteville as the ultimate gateway to outdoor adventure, showcasing its unique blend of urban charm and natural beauty. We will explore the newly created Bikepacking Roots route, the Ozarks Mega Loop, using the ride to connect audiences with the area's untapped potential for cycling and beyond. Objective: This project aims to increase awareness of Fayetteville as a premier destination for outdoor enthusiasts, emphasizing its opportunities for both on-the-bike adventures and off-the- bike experiences. EPISODE PLAN Exploring Fayetteville’s Trails and Culture: First we will look around for a guest rider! This guest rider will only have 24 hours notice to get ready. Jeremiah Bishop will ride around the networks of trails single track and gravel paths looking for a couple riders who show fitness and skill and are up to take on a crazy trip. This set up will highlight the town’s investment in outdoor recreation infrastructure, we’ll demonstrate why Fayetteville is a top-tier adventure hub. Gearing Up Locally: The narrative will include scenes at local outdoor shops, where we’ll purchase gear and essentials. These moments will spotlight Fayetteville’s vibrant outdoor economy, introducing viewers to the passionate businesses and community fueling its growth. Fueling the Adventure: We will visit a few of Fayetteville’s local eateries before taking on an epic challenge. Riding the Ozarks Mega Loop: The centerpiece of the episode will be a journey along the Ozarks Mega Loop. This recently established bikepacking route provides the perfect canvas to display Fayetteville’s riding is not just for easy strolls but also have some rugged terrain. With breathtaking vistas, remote gravel stretches, and challenging climbs, the route will inspire viewers to take on their own adventures. Impact and Outcomes: This episode will showcase Fayetteville as a dynamic destination for cyclists and adventurers alike, with its seamless access to nature, thriving cultural scene, and supportive community. By 47 presenting scenes of local interaction, gear preparation, and culinary indulgence, we’ll encourage audiences to see Fayetteville as more than just a starting point—it’s an experience in itself. The episode will have impact on Social media Channels YouTube and may include Outside Streaming (pending Renew) 750,000- 1 million views over 2 years In exchange for the production investment, we will provide the following high-value assets designed to maximize Fayetteville’s exposure across various platforms. These deliverables will highlight Fayetteville as a premier destination for outdoor adventure hub and create evergreen promotional value for Experience Fayetteville, new cycling interest and fun visual of what is like that speaks volumes to a place and its warm hospitality. Title Brand Presence Prominent integration of Experience Fayetteville branding in all print and digital media related to the episode. 750k -1million views Goal over 7channels of social and visual media including Youtube Instagram Facebook and Strava Possibly Outside + 48 Memorandum of Understanding Between Experience Fayetteville/Fayetteville Advertising and Promotion Commission and Bishop Racing, LLC Purpose This Memorandum of Understanding (MOU) outlines the agreement between Experience Fayetteville/Fayetteville Advertising and Promotion Commission ("Experience Fayetteville") and Bishop Racing, LLC ("Bishop Racing") for the production of a new episode of the Impossible Routes series, highlighting bikepacking and the hospitality of Fayetteville. Responsibilities of Bishop Racing Bishop Racing agrees to: Produce a 30-40-minute feature episode for the Impossible Routes series, showcasing Fayetteville and a mutually agreed route in the Ozarks starting and ending in Fayetteville. Fulfill the following deliverables: Video Content: (1) 30-40-minute feature edit (4K+ resolution) for the Impossible Routes YouTube Channel (can air elsewhere, no license restrictions). (4) 60-second teasers for pre-promotion. (10) 15-second action clips. Photography: (30) high-resolution photos following a requested shot list for commercial use. Social Media Content: (4) behind-the-scenes social posts with photos. (6) daily action reels or Instagram Stories with at least six frames each. Bishop Racing will assume responsibility for all expenses associated with production, including: Creative Cinematography Social Media Staffer Rental Vehicles & Gas 49 Flights & Baggage Production Supplies Hotels Sound & Color Grading Graphics Per Diem (2 people, 1 week) Editing Photography Graphics (Kris Hull) Editing (Danny Awang) Music licensing – using Fayetteville-based music if possible. Payment Schedule Experience Fayetteville will pay $23,000 on the following payment schedule: 1.Initial Payment: $7,000 upon: a.Approval of this MOU. b.Agreement on production dates in Fayetteville. (anticipated Spring/Early Summer 2025) 2.Second Payment: $6,000 upon satisfactory completion of: a.Photography deliverables. b.Social media content deliverables. 3.Final Payment: $7000 upon delivery of: a.Video content deliverables. b.Anticipated delivery: Early fall 2025. 4.Final Payment: $3000 on delivery of public screening of the documentary in Fayetteville, including Jeremiah Bishop appearance and activity in coordination with Fayetteville cycling group Bishop Racing will assume responsibility for all expenses associated with production, including: Creative Cinematography Social Media Staffer 50 Rental Vehicles & Gas Flights & Baggage Production Supplies Hotels Sound & Color Grading Graphics Per Diem (2 people, 1 week) Editing Photography Graphics (Kris Hull) Editing (Danny Awang) Music licensing – using Fayetteville-based music if possible. Ownership of Content Ownership of the content produced for Experience Fayetteville will be shared, granting both parties non-exclusive rights to all products. • Feature-length videos. • Reels. • Shorts and mini-episodes. • High quality photos Dispute Resolution In the event of a dispute arising from this MOU, the parties agree to attempt resolution through negotiation or mediation before pursuing legal action. Signatures Experience Fayetteville/Fayetteville Advertising and Promotion Commission Name: _____________________________________ 51 Title: _____________________________________ Date: _____________________________________ Bishop Racing, LLC Name: _____________________________________ Title: _____________________________________ Date: _____________________________________ 52 Memo To: Fayetteville Advertising & Promotion Commissioners From: Jennifer Walker, Interim CEO | VP Finance, Fayetteville Advertising and Promotion Commission Date: January 15, 2025 Re: First Security Bank Signer Updates In accordance with the Fayetteville A&P Commission Financial Policies, the following directive is outlined under Section III. Internal Controls, C. Cash Handling: “Bank accounts will include the following signatories: CEO, Commission Chair, and Director of Operations.” Due to recent changes in staffing and Commission membership, updates to the authorized bank signers are necessary. It is important to note that Interim CEO Jennifer Walker should not be listed as a signer on any bank account. This aligns with the need to maintain appropriate separation of duties, given the financial responsibilities already assigned to her role as Vice President of Finance. Including her as a signer would create significant conflict with the Commission’s financial control protocols. The Fayetteville A&P Commission currently maintains three operating checking accounts with First Security Bank and one checking account with Arvest Bank, as detailed below: First Security Bank: Arvest Bank: Bank account ending in 8714 Bank account ending in 4636 Bank account ending in 4209 Bank account ending in 1528 Staff Recommendations: 1. A vote to authorize the following individuals as signers with full authority on all accounts listed above: a. Chairperson ___________________________ b. Amy Stockton, Director of Operations 2. A vote to authorize the removal of any individuals currently listed as signers who are not included in the updated list above. 53 Memo To: Fayetteville Advertising & Promotion Commissioners From: Jennifer Walker, Interim CEO | VP Finance, Fayetteville Advertising and Promotion Commission Date: January 15, 2025 Re: Alcohol Permit Holder – Change of Manager The Fayetteville A&P Commission and the Fayetteville Town Center currently hold an Arkansas Alcoholic Beverage Control (ABC) permit for on-premises alcohol sales, as well as a City of Fayetteville Large Attendance Facility Alcoholic Beverage Permit. With the departure of Molly Rawn, the current registered permit holder, it is necessary for the A&P Commission to appoint a new permit manager. To comply with state regulations, we must submit a Substitution of Manager application to the ABC. Staff recommends appointing Tyler Wilson, Executive Director of the Fayetteville Town Center and Vice President of Strategic Initiatives, as the new alcohol permit manager. Tyler’s leadership role at the Town Center aligns directly with oversight of the alcohol sales operations conducted on the premises, ensuring proper management and compliance. Staff Recommendation: A vote to authorize Tyler Wilson to apply for both the Arkansas ABC alcohol permit and the City of Fayetteville Large Attendance Facility Alcoholic Beverage Permit on behalf of the Fayetteville A & P Commission and the Fayetteville Town Center. 54