www.mymanatee.org
Manatee County Government Administrative Center Commission Chambers, First Floor 9:00 a.m. - May 23, 2017
REVISED May 23, 2017 - Regular Meeting
Agenda Item #45


Subject
Reimbursement Agreement with Florida Railroad Museum for Capital Improvements

Briefings
None

Contact and/or Presenter Information

Presenter:  Elliott Falcione, CVB Exec. Director, x3940

Contact:  Monica Luff, Sr. Admin Spec., x3944



Action Requested
Authorization for County Administrator to execute Reimbursement Agreement for Capital Improvements with Florida Railroad Museum .

Enabling/Regulating Authority

Code of Laws 2-29-25  Tourist Development Plan

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



Background Discussion
  • On April 17, 2017, the Tourist Development Council unanimously recommended approval.
  • This Agreement allows reimbursement of up to one million five hundred thousand dollars ($1,500,000) over a four-year period (2017 - 2021), not to exceed $400,000 in any County fiscal year, for capital improvements to the Florida Railroad Museum.
  • The Florida Railroad Museum will oversee the entire capital improvement process, which will include:
    • Completion of all of the infrastructure required by Manatee County (sewer, water, stormwater retention, parking, road improvements)
    • Restrooms
    • 600' train building that would cover four tracks to showcase historic rail cars and locomotives
    • Freight house museum display area including an artifact display room, gift shop, waiting room, and ticket office.
  • The reimbursement agreement will include the completed projects already invested by the Museum in the amount of $270,553.
  • The improvements to the Florida Railroad Museum will help generate marketplace impressions that will enhance tourism development.
  • This museum will be "one of a kind" in the State of Florida.
  • The funds will be put in each respective fiscal year CVB budget.
  • All funds involved are tourism taxes, NOT ad valorem taxes.


County Attorney Review
Formal Written Review (Opinion memo must be attached)

Explanation of Other


Reviewing Attorney
Clague

Instructions to Board Records

Send one original signed agreement to Monica Luff, CVB

Copy of approved agenda memo to Monica Luff, CVB  monica.luff@mymanatee.org and Eva Galler, CVB  eva.galler@mymanatee.org

 



Cost and Funds Source Account Number and Name
1030002400582000 Tourist Development Tax Other Civic Enterprises - CVB

Amount and Frequency of Recurring Costs
Up to $1.5 Million; not to exceed $400,000 per year for 4 years


Attachment:  Legal memo - Fla RR Museum Agree.pdf
Attachment:  Florida RR Museum Agreement.pdf