Council Sets Aside Funds to Ensure Success of EOTEC

Release Date: 
05/13/2013

The Hermiston City Council Monday approved a Memorandum of Understanding with Umatilla County to ensure that the Eastern Oregon Trade and Event Center starts off on the right foot.  Umatilla County Commissioner Dennis Doherty told the Council that in the first few years of operations, the EOTEC will be operating as a start-up business, and will likely need to have some guaranteed cash-flow to maintain operations at a level to attract future activity to a level where the EOTEC can then come close to supporting itself.

Commissioner Doherty told the Council that Umatilla County currently funds the Umatilla County Fair as well as pays for operations and maintenance of the Umatilla County Fairgrounds at an average of $80,000 per year.  He expects that to remain the same when the county fair moves to the EOTEC site.

The MOU agreed to by the Council Monday would put $25,000 per year from both the City and the County toward operations and maintenance of the EOTEC site until the EOTEC opens in 2016.  The City and County would both then put at least $50,000 toward the operations and maintenance of the EOTEC site each year for the first three years that the EOTEC is open to ensure that the site can attract enough business to reduce the need for a public subsidy of its operations after the three years expires.

The Umatilla County Commissioners will decide on approval of the MOU later this month.

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