File #:
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24-072
Version:
1
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Name:
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Type:
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Agreement/Contract
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Status:
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Consent Agenda
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On agenda:
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1/9/2024
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Final action:
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Title:
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Approval of the Tourist Development Tax Sports Incentive Committee’s recommendations for sports incentive funding pursuant to the terms and conditions of funding agreements between Visit Orlando and the following applicants and authorization for Visit Orlando to enter into such agreements as follows: (1) $20,000 per year, for a total of $40,000, to GOSC to be used for bid fees for the 2024 and 2025 Easter International Cup; (2) $75,000 per year, for a total of $150,000, to GOSC to be used for advertising, marketing, and labor for the 2026 and 2027 NCAA Men’s College Cup; (3) $75,000 per year, for a total of $150,000, to GOSC to be used for advertising, marketing, and labor for the 2026 and 2027 NCAA Women’s College Cup; (4) $300,000 per year, for a total of $600,000 to GOSC to be used for equipment rentals and labor for the 2027 and 2028 NCAA Division I Men’s Basketball Championship - 1st/2nd Rounds; (5) $20,000 to GOSC to be used for labor for the 2024 NCAA Division II National Champi...
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title
Approval of the Tourist Development Tax Sports Incentive Committee’s recommendations for sports incentive funding pursuant to the terms and conditions of funding agreements between Visit Orlando and the following applicants and authorization for Visit Orlando to enter into such agreements as follows: (1) $20,000 per year, for a total of $40,000, to GOSC to be used for bid fees for the 2024 and 2025 Easter International Cup; (2) $75,000 per year, for a total of $150,000, to GOSC to be used for advertising, marketing, and labor for the 2026 and 2027 NCAA Men’s College Cup; (3) $75,000 per year, for a total of $150,000, to GOSC to be used for advertising, marketing, and labor for the 2026 and 2027 NCAA Women’s College Cup; (4) $300,000 per year, for a total of $600,000 to GOSC to be used for equipment rentals and labor for the 2027 and 2028 NCAA Division I Men’s Basketball Championship - 1st/2nd Rounds; (5) $20,000 to GOSC to be used for labor for the 2024 NCAA Division II National Championship Spring Festival; and (6) an amount not to exceed $1,584,705 to GOSC to be used for losses attributed to advertising and promotion, labor, and short-term rentals for the 2024 USA Track & Field U.S. Olympic Team Trials Marathon. (Fiscal and Operational Support Division)
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