Item P8BOARD OF COUNTY COMMISSIONERS
AGENDA ITEM SUMMARY
Meeting Date:May 16, 2007 Division: County Administrator
Bulk Item: Yes X No Department: County Administrator
Staff Contact Person/Phone #: Dawn Acker, 305-292-4489
AGENDA ITEM WORDING:
Approval to direct staff to submit application to the Monroe County
Tourist Development Council for Bricks and Mortar/Capital Projects Grant for the sum of $2,000,000
for the Vandenberg project, and to provide authorization for the County Administrator to sign any
required documents related to the submission of such grant.
ITEM BACKGROUND:
In the FY 07 budget, the County allocated $2,000,000 of infrastructure
sales tax to the Vandenberg project. As this project is a draw for tourism, and there is a great need for
other infrastructure projects in the County, it is appropriate to seek reimbursement of this funding from
the Tourist Development Council. If State and/or Federal grant monies can be obtained by the project
sponsor(s) to offset any of the funding sought, the State and/or Federal grant money would replace the
funding proportionate to the funding sources provided.
PREVIOUS RELEVANT BOCC ACTION:
T
he Board of County Commissioners for Monroe County
contracted with the City of Key West in an interlocal agreement dated March 22, 2001, and extended on June
19, 2002, also on June 18, 2003, also on May 19, 2004, and also on July 20, 2005, to expend up to two hundred
fifty thousand dollars ($250,000) of tourist development taxes for the sinking of the USS Gen. H.S. Vandenberg.
On October 18, 2006, the Board of County Commissioners for Monroe County contracted with the City of Key
West in a new interlocal agreement to expend up to an additional seven hundred fifty thousand dollars
($750,000) of tourist development taxes for the sinking of the USS Gen. H.S. Vandenberg.
The Board of County Commissioners for Monroe County included in the FY 07 budget an allocation of
$2,000,000 of infrastructure sales tax for the sinking of the Vandenberg, although no interlocal agreement has
been entered regarding same.
CONTRACT/AGREEMENT CHANGES: None
_____________________________________________________________________________
STAFF RECOMMENDATIONS: approval
TOTAL COST: BUDGETED:
_$0_______________ Yes No
COST TO COUNTY:SOURCE OF FUNDS:
None
REVENUE PRODUCING:AMOUNT PER MONTHYear ____
Yes No
APPROVED BY:
County Atty X OMB/Purchasing Risk Management ____
DOCUMENTATION:
Included Not Required__X__
DISPOSITION:AGENDA ITEM #
Revised 11/06