Subject:
Title
Tourism Promotion Agreement with Tampa Bay Charities, Inc., for the Hooters Clearwater National Super Boat Championship, a Fiscal Year 2018 Elite Event.
label
Recommended Action:
Recommended Action
For approval and execution by the County Administrator of the Tourism Promotion Agreement with Tampa Bay Charities, Inc., for the Hooters Clearwater National Super Boat Championship (Super Boat), a Fiscal Year (FY) 2018 Elite Event.
Contract terms: 6 monthsBody
Strategic Plan:
Foster Continual Economic Growth and Vitality
4.6 Support a vibrant community with recreation, arts, and culture to attract residents and visitors
Summary:
The Tourism Promotion Agreement is a sponsorship for Super Boat, which is scheduled to be held September 28-30, 2018, on Clearwater Beach.
Background/Explanation:
On August 15, 2017, the Board of County Commissioners approved the recommendations of the Tourist Development Council to fund the FY18 Elite Events for a maximum (or “up to”) total funding level of $1,497,000.00 and to allow staff to negotiate the terms and final funding amount of each agreement for increased tourism promotional benefits. In order to receive funding, these high-profile events must meet minimum criteria for room night generation, or attendance, as well as media and/or marketing exposure for the County.
In exchange for this monetary support, the CVB will receive the tourism promotional benefits detailed in Exhibit A of each Agreement.
Fiscal Impact:
Expenditure: $85,000.00
Funding to support Elite Events is provided through the CVB’s Annual Operating Budget. The source of funding is the Tourist Development Tax.
Delegated Authority:
Authority for the County Administrator to sign the Tourism Promotion Agreements is granted under Code Section 2-62 (a)(1).
Staff Member Responsible:
David Downing, Director, Convention and Visitors Bureau
Partners:
Tourist Development Council
Attachments:
Tourism Promotion Agreement