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Lisle committee proposes changes to special-events grants, drops 50/50 profit-sharing
Summary
The Village of Lisle—s Committee of the Whole reviewed proposed edits to the special-events grant program on Sept. 15, including removing a 50/50 profit-sharing requirement, barring ticketed events for for-profit applicants and routing future reviews through the Economic Development Commission.
Community engagement staff presented proposed changes to the Village of Lisle—s special-events grant guidelines at the Committee of the Whole meeting on Sept. 15, recommending removal of a 50/50 profit-sharing condition, limiting for-profit recipients to free-entry events, and shifting grant review to the Economic Development Commission.
"The first of these recommended changes is to remove the 50 50 profit sharing requirement for 2 main reasons," the community engagement specialist said, explaining that profit sharing created a circular process that required successful grantees to give revenue back to the village and that…
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