Agenda Item Name:
Title
Request Approval of Gainesville Sports Commission Bid Pool Carry Forward for FY22
End
Presenter:
Jessica Hurov
Description:
Request Approval for the Gainesville Sports Commission to Carry Forward $65,000 in Bid Pool Funds into FY22.
Recommended Action:
Recommended Action
Approve FY22 carry forward of $65,000 for unspent FY21 bid pool funding for five specific FY22 events, listed in the background below.
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Prior Board Motions:
Chair letter sent to Gainesville Sports Commission from 9/14/2021 meeting.
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
Aug. 11, 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
The Gainesville Sports Commission Bid Pool is budgeted at $210,000 annually. Requests to carry forward unspent balance are considered on a case-by-case basis and must be approved by the Board.
"In the County's tentative FY22 budget, Tourist Development Tax funding support for the Gainesville Sports Commission is $380,619.00 (Administrative) and $210,000.00 (Bid Pool) for a total of $590,619.00. This carry forward approval will provide a total of $655,619 in FY22 to the Gainesville Sports...
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