Legislation Details

File #: 20-1229    Version: 1 Name:
Type: Agreement/Contract Status: Passed
File created: 8/27/2020 In control: Convention Center
On agenda: 9/1/2020 Final action: 9/1/2020
Title: Approval to award Tourist Development Tax Sports Incentive funding as recommended by the Tourist Development Tax Sports Incentive Committee pursuant to the terms and conditions of funding agreements and authorization for Visit Orlando to enter into such agreements with the following organizations: 1) the Florida Sports Foundation in the amount of $137,500 per year for three years (2020-22) for marketing expenses for the Cure Bowl college football game, contingent upon the 2020 game being held in 2020, and upon notice by October 2020 that such game will be held; 2) the Greater Orlando Sports Commission, Inc., in the amount of $20,000 per year for bid fees for USA BMX National Championship Events to be held in February 2021 and 2023 at Barnett Park; and 3) the Greater Orlando Sports Commission Inc. in the amount of $30,000 for a bid fee for the 2021 CONCACAF Gold Cup Group Stage soccer matches, with stipulations that either Costa Rica, Mexico, or USA play in Orlando and, if such teams do...
Attachments: 1. 2020-09-01 Convention Center Consent Item-01

title

Approval to award Tourist Development Tax Sports Incentive funding as recommended by the Tourist Development Tax Sports Incentive Committee pursuant to the terms and conditions of funding agreements and authorization for Visit Orlando to enter into such agreements with the following organizations: 1) the Florida Sports Foundation in the amount of $137,500 per year for three years (2020-22) for marketing expenses for the Cure Bowl college football game, contingent upon the 2020 game being held in 2020, and upon notice by October 2020 that such game will be held; 2) the Greater Orlando Sports Commission, Inc., in the amount of $20,000 per year for bid fees for USA BMX National Championship Events to be held in February 2021 and 2023 at Barnett Park; and 3) the Greater Orlando Sports Commission Inc. in the amount of $30,000 for a bid fee for the 2021 CONCACAF Gold Cup Group Stage soccer matches, with stipulations that either Costa Rica, Mexico, or USA play in Orlando and, if such teams do not play, that the fee be reduced to $20,000; and that the event organizer match the bid fee with equivalent marketing funds. (Fiscal and Operational Support)