Agenda

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County Administrator's Report 13. 14.

BCC Regular Meeting

Budget & Finance Consent

Meeting Date:	06/03/2014
Issue: Approval of Amendment to Miscellaneous Appropriations Agreement between Escambia County and Art, Culture and Entertainment, Inc.
From:	Amy Lovoy
Department:	OMB
CAO Approval:

RECOMMENDATION:

Recommendation Concerning the Amendment to Miscellaneous Appropriations Agreement between Escambia County and Art, Culture, and Entertainment, Inc. - Amy Lovoy, Management and Budget Services Department Director

That the Board take the following action concerning approval of the Fiscal Year 2013/2014 Amendment to Miscellaneous Appropriations Agreement between Escambia County and Art, Culture, and Entertainment, Inc.:

A. Approve the Amendment to the Miscellaneous Appropriations Agreement, amending Section 3, increasing the allocation by $573,475, for a total allocation of $879,574, to be paid from the Tourist Promotion Fund (108), Cost Center 360105, Account 58201;

B. Authorize the Chairman to sign the Amendment and all other necessary documents; and

C. Authorize the execution of the necessary Change Order.

BACKGROUND:

On January 16, 2014 the Board allocated 25% of the Tourist Development Tax overage to Art, Culture, and Entertainment, Inc. This amendment increases the Miscellaneous Appropriations Agreement to reflect the additional funds, making the total allocated to Art, Culture and Entertainment, Inc. $879,574 for Fiscal Year 2013/2014.

BUDGETARY IMPACT:

Funds are available in the Fiscal Year 2013/2014 Budget.

LEGAL CONSIDERATIONS/SIGN-OFF:

The County Attorney has reviewed approved the Amendment.

PERSONNEL:

N/A

POLICY/REQUIREMENT FOR BOARD ACTION:

Board approval of Amendments to Miscellaneous Appropriations Agreements is necessary.

IMPLEMENTATION/COORDINATION:

N/A

Attachments
ACE Amendment