Legislation Details

File #: 24-1130    Version: 1 Name:
Type: Recommendation Status: Passed
File created: 7/18/2024 In control: Convention Center
On agenda: 8/13/2024 Final action: 8/13/2024
Title: Approval and execution of 2024-2025 Fiscal Year Funding Agreement by and between Orange County and the International Drive Master Transit and Improvement District. (Fiscal and Operational Support Division)
Attachments: 1. Funding Agreement_I-Drive_2024-2025(699175279.2), 2. 2024-08-13 Convention Center Consent Item-02

Interoffice Memorandum

 

DATE: July 18, 2024

 

TO: Mayor Jerry L. Demings and County Commissioners

 

THROUGH: N/A

 

FROM: Ray Walls, Deputy Director Orange County Convention Cener

 

CONTACT: Ray Walls, Deputy Director Orange County Convention Center

 

PHONE: 407-685-5684

 

DIVISION: Fiscal and Operational Support Division

 

ACTION REQUESTED:

title

Approval and execution of 2024-2025 Fiscal Year Funding Agreement by and between Orange County and the International Drive Master Transit and Improvement District. (Fiscal and Operational Support Division)

body


PROJECT:
International Drive Master Transit and Improvement District 2024-2025 Fiscal Year Funding Agreement

 

PURPOSE: The International Drive Master Transit and Improvement District was created in 1992 at the request of the businesses on International Drive for the purpose of planning, operating, and maintaining public transit systems and other facilities and services within the District.  Orange County funds the District by imposing additional property taxes through three Municipal Service Taxing Units on properties that are located in the District.  The District receives no funding from the general fund.  The only changes from the previous year’s agreement are updates to the relevant dates.  If you have any questions, please call me at (407) 685-5684, or Luann Brooks, Executive Director for the District, at (407) 248-9590.

 

BUDGET: N/A