Amendment to Miscellaneous Appropriations Agreement with Visit Pensacola, Inc.
From:
Stephan Hall, Interim Department Director
Organization:
OMB
CAO Approval:
RECOMMENDATION:
Recommendation Concerning the Amendment to Miscellaneous Appropriations Agreement with Visit Pensacola, Inc. - Stephan Hall, Management and Budget Services Interim Department Director
That the Board approve the Amendment to Miscellaneous Appropriations Agreement between Escambia County and Pensacola Sports Association, Inc., as Fiscal Agent for Visit Pensacola, Inc., to include additional funding from overage available in the Tourist Promotion Fund (108), as approved by the Board on March 19, 2015, in the amount of $1,255,753.
[Funding: Fund 108, Tourist Promotion Fund, Account 58201, Cost Centers 360101 and 360105]
BACKGROUND:
On March 19, 2015, the Board approved allocating $1,255,753 from fund balance carry-forward in the Tourist Development Tax, to Pensacola Sports Association, Inc., as Fiscal Agent for Visit Pensacola, Inc. (Visit Pensacola), to include funds for the Sports Tourism Feasibility Study. This Amendment to Miscellaneous Appropriations Agreement between Escambia County and Visit Pensacola adds this additional funding to their current Agreement and Purchase Order.
BUDGETARY IMPACT:
[Funding: Fund 108, Tourist Promotion Fund, Account 58201, Cost Centers 360101 and 360105]
LEGAL CONSIDERATIONS/SIGN-OFF:
The County Attorney has reviewed the Agreement.
PERSONNEL:
N/A
POLICY/REQUIREMENT FOR BOARD ACTION:
Board approval of this Amendment to Agreement is necessary.