|December 13, 2016 - Regular Meeting|
Agenda Item #18
Florida Sports Foundation Grant Agreements and Budget Amendment 17-022
Contact and/or Presenter Information
Presenter: Elliott Falcione, Exec. Director, CVB x5913
Contact: Monica Luff, Sr. Admin. Spec., CVB x5913
Authorization for CVB Director to execute three (3) Grant Agreements with Florida Sports Foundation AND approval of Budget Amendment 17-022.
- The Florida Sports Foundation has awarded the Bradenton Area Sports Commission (a division of the Bradenton Area CVB) with three (3) grants:
- $17,500 grant for USA Field Hockey 2017 National Hockey Showcase
- $4,500 grant for IMG Cup
- $5,000 grant for Sarasota Manatee Regional Bridge Tournament
- The 2017 National Hockey Showcase will be held February 2 - 5, 2017, at Premier Sports Campus and will generate approximately 5,900 room nights and approximately $2.8 million in economic impact.
- The IMG Cup will be held December 14 - 19, 2016, at IMG and will generate approximately 1,100 room nights and approximately $1 million in economic impact.
- The Sarasota Manatee Regional Bridge Tournament will be held February 13 - 19, 2017, at the Bradenton Area Convention Center and will generate approximately 1,400 room nights and approximately $1.5 million in economic impact.
- The grant monies will assist with facility expenses.
- The Florida Sports Foundation assists Florida Sports Commissions with grant monies to secure events that would otherwise be held in other states.
- The Budget Amendment appropriates $27,000 in Florida Sports Foundation Grant Fund revenues into the Tourist Development Tax Fund for the above-mentioned sports events.
County Attorney Review
Not Reviewed (No apparent legal issues)
Explanation of Other
Instructions to Board Records
Copy of approved agenda memo to Monica Luff , Eva Galler and Candice Cruz: firstname.lastname@example.org and email@example.com and firstname.lastname@example.org
Please send original, signed agreements to Monica Luff, CVB. Ms. Luff to send to FSF to get their signature, then will e-mail fully signed agreements to Board Records.
Cost and Funds Source Account Number and Name
Amount and Frequency of Recurring Costs
Attachment: FSF Grant Confirm Letter - 2016.pdf
Attachment: FSF Grant - Field Hockey 2016.pdf
Attachment: FSF Grant - IMG Cup 2016.pdf
Attachment: FSF Grant - Bridge Tourn 2016.pdf
Attachment: B-17-022 .pdf