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Tourism Promotion Agreement
Board of County Commissioners
September 11, 2007
• Background
• Summary of Agreement
• Requested Action
Outline
• Background
• Summary of Agreement
• Requested Action
Outline
Background
• Florida Statute Section 125.0104
• Contract with Bureau since 1983
• Tourist Development Plan
• Background
• Summary of Agreement
• Requested Action
Outline
• Section 1 – Orange County Obligations
• Payments to the Bureau
• ½ %
• $750,000
• $3,300,000
• $4,000,000
• 6th Cent Payments
Tourism Promotion Agreement
} “Bureau Funds”
} “Additional Advertising Funds”
• Section 2 – Bureau Obligations
• Compliance with Law and Agreement
• Restrictions on Additional Advertising Funds
• Performance Standards; Strategic Plan; Scope of Services
• Audit
Tourism Promotion Agreement
• Section 2 – Bureau Obligations (cont.)
• Records
• Accounting
• Oversight & Accountability
• Audit Committee
• Marketing Program Restrictions
Tourism Promotion Agreement
• Section 2 – Bureau Obligations (cont.)
• Reporting Requirements
• Strategic Plan
• Budget
• IRS Form 990
• Financial Statements
• Quarterly Reports
• Annual Summary & Report
Tourism Promotion Agreement
• Section 3 – Term; Termination
• Initial 3 year term; 2 year renewal
• Second 3 year term; 2 year renewal
• Termination for Cause
Tourism Promotion Agreement
• Section 4 – Miscellaneous Provisions
• Conflicts/Amendments/Notices
• Insurance Requirements
Tourism Promotion Agreement
• Background
• Summary of Contract
• Requested Action
Outline
Requested Action
• Approval of the Orange County, FL and Orlando/Orange County Convention & Visitors Bureau, Inc. 2007 Tourism Promotion Agreement
Tourism Promotion Agreement
Board of County Commissioners
September 11, 2007
Photos courtesy of the OOCCVB