The Springfield City Council agreed last week to set aside $20,000 in room tax funds as part of a reserve fund for a masters basketball tournament scheduled for the
The seven-day event, the Pan American Maxi-Basketball Championship, is expected to draw more than 1,200 masters basketball players, ages 30 and older, from throughout the continent.
It is estimated the tournament will have a $1.6 million impact on the local area.
Keri Westlund, the president and chief executive officer of the Convention and Visitors Association of Lane County, expressed her confidence in the event. Westlund stressed that the fund was for contingency purposes only.
“As we looked at the (contract) we were very confident that the anticipated revenue flows from registration and different revenue generators should cover the costs,” she said.
“What we asked for was for some community partnership to be sort of a what-if backup.”
The Convention and Visitors Association, the contractor for the event, is overseeing a five-way partnership that is expectedto include the city of
CVALCO is seeking to raise about $100,000, which would cover costs such as hospitality expenses, if revenue does not meet the expectations of organizers.
That isn’t likely to happen, though, said John Tamulonis, the city’s community development manager. Previous versions of the event, which has been held in
“It’s a well-established program, it looks like it’s going to be workable, and it seems like it’s going to be a success,” Tamulonis added.
The funds released by
The Convention and Visitors Association has committed to being the first group to pay out if such a situation arises.
As part of preparations for the tournament, Ruben Rodriguez Lamas, president of the International Maxibasketball Federation, was in
Lamas toured several hotels, visited the
“He spent several days in the area,” Westlund said. “He was very impressed with (the
By Lewis Taylor, The Register-Guard, Published:
www.registerguard.com