In the event that Go Lake Havasu is permanently closed, all city tax money the organization has at that time and any property purchased with city tax money will be returned to the City of Lake Havasu.
Go Lake Havasu City officials have said that has always been the intention of the nonprofit, but the city council will consider amending its funding agreement with the tourism promotion agency to cement that intention in the deal. Go Lake Havasu’s board of directors has already approved the amendment on January 18.
For $1.7 million annually, Havasu contracts Go Lake Havasu for tourism promotion and marketing, in addition to operating the Lake Havasu Visitor Center. Under this agreement, Go Lake Havasu will provide quarterly reports to the city, work with city management on events and promotions, maintain a tourism-focused website, and increase funding provided by the city. are also asked to seek grants for
The City Council last discussed the city’s professional services agreement with Go Lake Havasu at its September 13 meeting. At that meeting, several city council members expressed concerns about what would happen to the taxes the city paid to the organization and the assets it purchased. , if Lake Go Havasu melts. The council eventually directed officials to amend the city’s contract with Havasu, in which case the property would be returned to the city.
Go Lake Havasu Chairman Terrence Concannon told the council in September that Go Lake Havasu always intended to do so, and that it was already written into the organization’s bylaws.
