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Marion Chamber Co-sponsors Floodstock Posted 1 July 2008 Cedar Rapids has experienced a devastating blow to the economy from the historic flooding. When the river crested at almost 12 feet higher than ever in recorded history, more than 3,900 homes were flooded as 1,300 city blocks were inundated with water. Between 6,000 and 7,000 jobs were lost as hundreds of local and national businesses were flooded. Early damage estimates are already in the billions, and will rise. It will take great effort to rebuild the economy to sustain growth in Cedar Rapids. A group of local businesses have teamed up with the Cedar Rapids and Marion Chambers of Commerce, the Jaycees, the Greater Cedar Rapids Community Foundation, and several other local and national organizations to help bring economic relief to individuals and businesses affected by the flood. The core of this effort will be an event, FloodStock 2008, to serve as the vehicle to generate funds for relief. Area businesses and organizations are coming together to host this benefit concert this weekend at Cabo Grill, 2730 Edgewood Rd. SW in Cedar Rapids. Floodstock 2008 will be a three-day music festival featuring local and regional bands on Thursday, July 3, from 4:00 – 10:00 p.m., Friday, July 4, from 12:00 – 10:00 p.m. and Saturday, July 5, from 12:00 – 10:00 p.m. Floodstock 2008 tickets will be available at the gate for $10 per person. All proceeds from Floodstock 2008 will go towards residents and businesses affected by the flood. More than 20 popular local bands have agreed to play the event, with more inquiring how to participate every day. Floodstock 2008 event coordinators include representatives from the Cedar Rapids Jaycees, Cedar Rapids Downtown District, Cedar Rapids Area / Marion Chamber of Commerce, Greater Cedar Rapids Foundation and various businesses and media outlets. National and local businesses are being called upon to offer any donations and aid possible. Sponsorship positions are available for corporations capable of offering significant help. National talent is also being sought. For more information about Floodstock 2008, please visit the http://www.floodstock.org or call 319-377-6316.

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