Legislation Details

File #: 22-1003    Version: 1 Name:
Type: Recommendation Status: Passed
File created: 8/3/2022 In control: Convention Center
On agenda: 8/9/2022 Final action: 8/9/2022
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) Up to $150,000 to the Greater Orlando Sports Commission ($75,000 per each year the event is staged) if Orlando is chosen to host the 2023 and/or 2025 CONCACAF Men’s Gold Cup Matches with funding contingent upon Canada, or the United States, or Costa Rica being in the field of teams playing in Orlando; and funding reduced to $25,000 if only one or two matches are played in Orlando, or reduced to $50,000 if only three or four matches are played in Orlando; 2) $50,000 to the Greater Orlando Sports Commission if Orlando is chosen to host the 2024 CONCACAF Women’s Gold Cup Matches with funding contingent upon the United States being in the field of teams playing in Orlando; and funding reduc...
Attachments: 1. 2022-08-09 Convention Center Consent Item 2

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) Up to $150,000 to the Greater Orlando Sports Commission ($75,000 per each year the event is staged) if Orlando is chosen to host the 2023 and/or 2025 CONCACAF Men’s Gold Cup Matches with funding contingent upon Canada, or the United States, or Costa Rica being in the field of teams playing in Orlando; and funding reduced to $25,000 if only one or two matches are played in Orlando, or reduced to $50,000 if only three or four matches are played in Orlando; 2) $50,000 to the Greater Orlando Sports Commission if Orlando is chosen to host the 2024 CONCACAF Women’s Gold Cup Matches with funding contingent upon the United States being in the field of teams playing in Orlando; and funding reduced to $25,000 if only one or two matches are played in Orlando; 3) $120,000 to the Greater Orlando Sports Commission in three annual increments of $40,000 as bid fees if the ASICS Florida Volleyball Challenge is held at the Orange County Convention Center in 2024, 2025, and 2026; and 4) $100,000 to the Greater Orlando Sports Commission as a bid fee for the 2024 USA Track & Field U.S. Olympic Team Trials Marathon if it is held in Downtown Orlando. (Fiscal and Operational Support Division)