www.mymanatee.org
Manatee County Government Administrative Center Commission Chambers, First Floor 9:00 a.m. - June 3, 2014
REVISED June 3, 2014 - Regular Meeting
Agenda Item #15


Subject
Agreement with Bradenton Downtown Development Authority

Briefings
None

Contact and/or Presenter Information

Elliott Falcione, Executive Director (Presenter) x5913

Monica Luff, Sr. Admin. Specialist (Contact) x5913



Action Requested
Approval and authorization for Ed Hunzeker, County Administrator, to execute agreement with Bradenton Downtown Development Authority (BDDA), contingent upon receiving signed original agreement from BDDA; and approval of Budget Amendment B-14-066. 

Enabling/Regulating Authority

Manatee Code of Laws 2-29-25 Tourist Development Plan

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



Background Discussion
  • On April 21, 2014, The Manatee County Tourist Development Council unanimously recommended approval.
  • The Agreement with the BDDA is to sponsor a Bradenton Area River-Fest Regatta to be held February 6-7, 2015, on the Manatee River.  The Regatta will be a fun, free, family-oriented event, no alcoholic beverages, no beer sponsors.
  • Of the $175,000 expenditure, $150,000 will be used to reimburse the BDDA for expenditures related to the Regatta; $25,000 will be used specifically to market and promote the Regatta (Bradenton Area CVB will place the ads.)
  • The organizers of this event have held a similar Regatta in Pittsburgh, PA, for the past 36 years.
  • Attendance is estimated at 75,000; economic impact is estimated at $8 million.
  • All funds involved are tourism taxes, NOT ad valorem taxes.


County Attorney Review
Other (Requires explanation in field below)

Explanation of Other
Bill Clague drafted the Agreement.

Reviewing Attorney
Clague

Instructions to Board Records

Send one signed original Agreement to Monica Luff, CVB.

Copy of approved agenda memo to Monica Luff, CVB  monica.luff@mymanatee.org



Cost and Funds Source Account Number and Name
1030002202 CVB Promotions

Amount and Frequency of Recurring Costs
$175,000


Attachment:  Regatta Agreement.pdf
Attachment:  B-14-066 Riverfest Regatta.pdf