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The Clerk of the Board is responsible for keeping accurate minutes and maintaining Board records for each Board of County Commissioner (BCC) and Value Adjustment Board (VAB) meeting. In addition, every 4 years, the Clerk of the Board office provides staff support to the Charter Review Commission (CRC) appointed by the BCC. Please contact our office if you need an accessible version of documents on this page, and one will be provided.

Selection options are described below:

1. To search BCC records by meeting date and/or a specific term between September 23, 1869 and December 14, 2010, view the 'BCC Meetings' page.

2. To view BCC records by meeting date between January 4, 2011 through September 22, 2016, scroll down to locate the BCC meeting date.

3. To search BCC records by a specific term between October 4, 2016 through Present, select the 'Search Records' tab.      

4.    To view VAB records by meeting date between June 20, 2013 through August 21, 2018, scroll down to locate the VAB meeting date. 

5.    To search CRC regular business meeting records by a specific term between February 25, 2019 through Present, select the 'Search Records' tab.

File #: 24-1690    Version: 1 Name:
Type: Agreement/Contract Status: Passed
File created: 10/30/2024 In control: County Administrator
On agenda: 11/19/2024 Final action: 11/19/2024
Title: Approval of Custodial Agreement (Excess TDT Revenues) among the University of Central Florida Board of Trustees, UCF Stadium Corporation and the Bank of New York Mellon Trust Company, N.A., as Custodian.
Attachments: 1. Ex B UCF (Excess TDT Revenues) 2024 Custody Fee Schedule, 2. Custodial Agmt OC and BNY clean, 3. 2024-11-19 County Administrator Consent Item-07

Interoffice Memorandum

 

DATE: October 30, 2024

 

TO: Mayor Jerry L. Demings and County Commissioners

 

THROUGH: N/A

 

FROM: Lisa Snead, Assistant County Administrator

 

CONTACT: Lisa Snead

 

PHONE: (407) 836-7382

 

DIVISION: County Administrator’s Office

 

ACTION REQUESTED:

title

Approval of Custodial Agreement (Excess TDT Revenues) among the University of Central Florida Board of Trustees, UCF Stadium Corporation and the Bank of New York Mellon Trust Company, N.A., as Custodian.

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PROJECT: Consent Agenda - November 19, 2024 Custodial Agreement (Excess TDT Revenues) among the University of Central Florida Board of Trustees, UCF Stadium Corporation, and The Bank of New York Mellon Trust Company, N.A., as Custodian

 

PURPOSE: On May 21, 2024, the Board approved a funding agreement among Orange County, the University of Central Florida (UCF) Board of Trustees, and the UCF Stadium Corporation, Inc. which provided $10 million per year for nine years ($90 million) from excess Tourist Development Tax (TDT) revenues for the UCF Stadium Tower Project. Under the terms of the approved Funding Agreement, UCF is required to establish a custodial account which would receive the County’s Excess TDT contribution and make the eligible distributions for the Stadium Tower Project, subject to the terms of a Custodian Agreement which is subject to prior County review and approval. Staff from Fiscal & Business Services, County Attorney’s Office, and the Comptroller’s Office worked with UCF on the terms of the Custodian Agreement. 

 

BUDGET: N/A