SUBJECT:
Title
Request Approval of Tourist Development Council Request for Event Bid Fee (Budget Impact - Neutral; expenditure of $186,000)
Body
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INITIATOR: |
DEPARTMENT: |
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Loretta Shaffer, Director |
Tourist Development |
DESCRIPTION/BACKGROUND:
The Tourist Development Council (TDC) seeks funding approval for organizations that have festivals, events, or programs which support the TDC’s mission of growing the economy and accelerating prosperity in Marion County through effective destination sales and marketing. The Bid Fee Event Funding Program is intended to position Marion County as a must-experience destination in Florida through bringing quality events and initiatives to Marion County. The following funding contract was recommended for approval by the TDC.
Florida High School Swimming and Diving State Championships $62,000 per event year*
*The event years will be for 2026, 2027, and 2028.
BUDGET/IMPACT:
Neutral; expenditure of $186,000. Funding from CP155552-548101.
RECOMMENDED ACTION:
Recommended action
Motion to approve the Tourist Development Council funding request and authorize the Chairman and Clerk to execute the attached funding agreement.
end