Legislation Details

File #: 24-896    Version: 1 Name:
Type: Recommendation Status: Passed
File created: 6/12/2024 In control: Convention Center
On agenda: 6/18/2024 Final action: 6/18/2024
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) $137,500 per year, for a total amount of $275,000 over two years (2024 and 2025), and $137,500 for 2026 contingent upon a facility in Orlando being selected to host the game, to be used for marketing and promotion of the Cure Bowl; (2) $125,000 per year, for a total amount of $625,000 over five years, to be used as a bid fee to incentivize the 2026-2030 Sunshine Classic Junior National Volleyball Qualifier; and (3) $30,000 to be used as a bid fee for the 2026 National Gymnastics Association Championships. (Fiscal and Operational Support Division)
Attachments: 1. 2024-06-18 Convention Center Consent Item-01

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) $137,500 per year, for a total amount of $275,000 over two years (2024 and 2025), and $137,500 for 2026 contingent upon a facility in Orlando being selected to host the game, to be used for marketing and promotion of the Cure Bowl; (2) $125,000 per year, for a total amount of $625,000 over five years, to be used as a bid fee to incentivize the 2026-2030 Sunshine Classic Junior National Volleyball Qualifier; and (3) $30,000 to be used as a bid fee for the 2026 National Gymnastics Association Championships. (Fiscal and Operational Support Division)