Agenda Item Name:
Title
Request Approval of Sixth Amendment for Administration and Eighth Amendment for Bid Pool with the Gainesville Sports Commission
End
Presenter:
Jessica Hurov
Description:
Request Approval of Sixth Amendment for Administration and Eighth Amendment for Bid Pool with the Gainesville Sports Commission
Recommended Action:
Recommended Action
Approve the Sixth Amendment for Administration and Eighth Amendment for Bid Pool with the Gainesville Sports Commission and authorize the Chair and Clerk to sign.
End
Prior Board Motions:
Bid Pool
Sept. 8, 2020 - executed the Seventh Amendment to the Agreement
Sept. 26, 2017 - executed the Sixth Amendment to the Agreement
Feb. 10, 2015 - executed the Fifth Amendment to the Agreement
Sept 24, 2013 - executed the Fourth Amendment to the Agreement
Sept, 28, 2010 - executed the Third Amendment to the Agreement
Oct. 28, 2008 - executed the Second Amendment to the Agreement
Jan. 8, 2008 - executed the First Amendment to the Agreement
Oct. 10, 2006 - executed the Amended and Restated Agreement
Administration
Sept. 8, 2020 - executed the Fifth Amendment to the Agreement
Sept. 26, 2017 - executed the Fourth Amendment to the Agreement
Sept. 23, 2014 - executed the Third Amendment to the Agreement
Sept 24, 2013 - executed the Second Amendment to the Agreement
Oct. 28, 2008 - executed the First Amendment to the Agreement
Oct. 10, 2006 - executed the Amended and Restated Agreement
Fiscal Consideration:
Fiscal Consideration
FY23 Administration estimated at $468,864 (16% of 99% of 40% of the prior fiscal year’s revenues). FY23 Bid Pool estimated at $175,824 (6% of 99% of 40% for the Alachua County Sports & Event Center at Celebration Pointe).
Other County venue bid pool = $210,000 Total GSC FY23 estimated budget appropriation: $854,688.00 funded through a transfer from the Visitor’s Center funding (Fund 150) to Fund 004, specifically for the GSC. Carryforward of any un-spent funding must be approved by the Board on a case-by-case basis upon written request from the GSC.
Tourist Development - Sports Com Fund: 004.45.4510.552.82.xx
There is sufficient funding in this fund and these accounts for these expenses; the budget will be moved into all the correct account lines by OMB as part of Carry Forward.
End
Background:
The Gainesville Sports Commission receives Tourist Development Tax funding to attract and support out-of-county sports tourism events in our community. In approving the funding, the Board is making a legislative factual determination that County support of the Gainesville Sports Commission serves to promote and create sports tourism in Alachua County. Provisions in the Amendments relate to public records, credit attribution, clarification of non-allowable expenditures, and roles and responsibilities associated with the newly constructed Sports and Event Center at Celebration Pointe.