Agenda

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County Administrator's Report 12. 13.

BCC Regular Meeting

Budget & Finance Consent

Meeting Date:	11/05/2015
Issue: Amendment to Interlocal Agreement Relating to the FY 15/16 Funding of PEDC
From:	Katie Macarthur
Department:	Asst County Administrator
CAO Approval:

RECOMMENDATION:

Recommendation Concerning the Amendment to Interlocal Agreement between the Escambia County Board of County Commissioners and the City of Pensacola Relating to the Fiscal Year 2015/2016 Funding of the Pensacola-Escambia County Promotion and Development Commission - Amy Lovoy, Assistant County Administrator

That the Board approve and authorize the Chairman to sign the Amendment to Interlocal Agreement between Escambia County and the City of Pensacola Relating to the Fiscal Year 2015/2016 Funding of the Pensacola-Escambia County Promotion and Development Commission, to amend the City of Pensacola's contribution from $120,000 to $150,000.

[Funding: Fund 102, Economic Development Fund, Cost Center 360704]

BACKGROUND:

On October 8, 2015, the parties previously entered into an Interlocal Agreement relating to the FY 15/16 funding of the Pensacola-Escambia County Promotion and Development Commission (PEDC). The County agreed for FY 15/16 that the County shall contribute to the PEDC $550,000 and the City shall contribute $150,000.

This Amendment is to amend and correct the City's contribution amount from $120,000 to $150,000.

BUDGETARY IMPACT:

Fund 102, Economic Development Fund, Cost Center 360704.

LEGAL CONSIDERATIONS/SIGN-OFF:

The County Attorney has reviewed the Amendment.

PERSONNEL:

N/A

POLICY/REQUIREMENT FOR BOARD ACTION:

Board approval of this Amendment is necessary.

IMPLEMENTATION/COORDINATION:

N/A

Attachments
PEDC Amendment