www.mymanatee.org
Manatee County Government Administrative Center Commission Chambers, First Floor 9:00 a.m. - August 25, 2015
REVISED August 25, 2015 - Regular Meeting
Agenda Item #22


Subject
South Florida Museum Capital Improvements Reimbursement Agreement

Briefings
All

Contact and/or Presenter Information

Presenter:  Elliott Falcione, CVB Executive Director, x5913

Contact:  Monica Luff, CVB Sr. Admin. Specialist, x5913



Action Requested
Authorization for County Administrator to execute Reimbursement Agreement with South Florida Museum for capital improvements to the Museum.

Enabling/Regulating Authority

Code of Laws:  2-29-27  Tourist Development Plan

F.S.S. 125.0104  Authorized uses of Resort Tax Funds



Background Discussion
  • On April 20, 2015, the Tourist Development Council unanimously recommended approval.
  • On May 5, 2015 the Board of County Commissioners approved Ordinance 15-18 that amended the tourist development ordinance to provide for several new initiatives including funding for this project.
  • This reimbursement agreement is to help fund the Phase I Expansion capital improvements to the South Florida Museum, located in downtown Bradenton.
  • The reimbursements will include costs of:  creation of The Mosaic Backyard Universe, The Commons, Special Exhibition Gallery, Education Center, and new Aquatic Exhibits; upgrades to current exhibitions and portions of the Aquarium and Planetarium; and developing a pilot for the innovative Pathways program; and related soft costs such as permitting, architectural design, engineering, and insurances related to such components.
  • The CVB will reimburse South Florida Museum up to $200,000 per year for five years, for a total of up to $1,000,000 for the Phase I Expansion capital improvements to the Museum.
  • Museum will raise capital dollars and match the tourist tax grant dollar for dollar.
  • Reimbursement Agreement requires the Museum to hire a third party to study the Museum's brand.
  • All funds involved are tourism taxes, NOT ad valorem taxes.


County Attorney Review
Other (Requires explanation in field below)

Explanation of Other
Bill Clague prepared the Reimbursement Agreement.

Reviewing Attorney
Clague

Instructions to Board Records

1 Original signed Agreement to Monica Luff, CVB

Copy of approved agenda memo to monica.luff@mymanatee.org

 



Cost and Funds Source Account Number and Name
1030002400 Other Civic Enterprises - CVB

Amount and Frequency of Recurring Costs
$200,000 per year for 5 years


Attachment:  So Fla Museum Cap Improve Agreement.pdf