Approval of Interlocal Agreement between Escambia County and the City of Pensacola
From:
Amy Lovoy, Department Director
Organization:
OMB
CAO Approval:
RECOMMENDATION:
Recommendation Concerning the Interlocal Agreement between Escambia County and the City of Pensacola - Amy Lovoy, Management and Budget Services Department Director
That the Board take the following action regarding the Interlocal Agreement between Escambia County and the City of Pensacola:
A. Approve the Interlocal Agreement between Escambia County Board of County Commissioners and the City of Pensacola Relating to the Fiscal Year 2014/2015 Funding of the Pensacola-Escambia County Promotion and Development Commission (PEDC), in the amount of $550,000, to be paid from the Economic Development Fund (102), Cost Center 360704, for a one-year period from October 1, 2014, through September 30, 2015;
B. Authorize the Chairman to execute the Interlocal Agreement; and
C. Authorize approval of the necessary Purchase Order.
BACKGROUND:
Chapter 89-481, Laws of Florida, requires that the fiscal contribution of the City and County be established yearly by Interlocal Agreement. The City and County agree that the County shall contribute $550,000 and the City shall contribute $120,000 to the PEDC for Fiscal Year 2014/2015.
BUDGETARY IMPACT:
Funds are available in the Fiscal Year 2014/2015 Budget.
LEGAL CONSIDERATIONS/SIGN-OFF:
The County Attorney's office has reviewed the Interlocal Agreement.
PERSONNEL:
N/A
POLICY/REQUIREMENT FOR BOARD ACTION:
Board action is necessary for approval of this Agreement.