File #:
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23-1300
Version:
1
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Name:
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Type:
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Budget/Funding
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Status:
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Passed
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On agenda:
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9/12/2023
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Final action:
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9/12/2023
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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) $25,000 to Greater Orlando Sports Commission to be used for bid fees for the 2023 USA Fencing October North American Cup; (2) $25,000 per year, up to $100,000, to Greater Orlando Sports Commission to be used for bid fees for the 2023, 2024, 2025, and 2026, NBA G League Winter Showcase; (3) $25,000 per year, up to $75,000, to Greater Orlando Sports Commission to be used for bid fees for the 2024, 2025, and 2026 Hertz National Championships; and (4) $500,000 per year, up to $2,000,000 to Arnie’s Army Charitable Events Foundation d/b/a Arnold Palmer Invitational to be used for advertising and programming expense for the 2024, 2025, 2026, and 2027 Arnold Palmer Invitational Presented by M...
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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) $25,000 to Greater Orlando Sports Commission to be used for bid fees for the 2023 USA Fencing October North American Cup; (2) $25,000 per year, up to $100,000, to Greater Orlando Sports Commission to be used for bid fees for the 2023, 2024, 2025, and 2026, NBA G League Winter Showcase; (3) $25,000 per year, up to $75,000, to Greater Orlando Sports Commission to be used for bid fees for the 2024, 2025, and 2026 Hertz National Championships; and (4) $500,000 per year, up to $2,000,000 to Arnie’s Army Charitable Events Foundation d/b/a Arnold Palmer Invitational to be used for advertising and programming expense for the 2024, 2025, 2026, and 2027 Arnold Palmer Invitational Presented by Mastercard. (Fiscal and Operational Support Division)
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