Item D1
(
CM
ounty of onroe
BOARD OF COUNTY COMMISSIONERS
Mayor George Neugent, District 2
Mayor Pro Tem David Rice, District 4
TheFloridaKeys
Danny L. Kolhage, District 1
Heather Carruthers, District 3
Sylvia J. Murphy, District 5
County Commission Meeting
February 15, 2017
Agenda Item Number: D.1
Agenda Item Summary #2597
BULK ITEM: DEPARTMENT:
Yes Tourist Development Council
TIME APPROXIMATE:STAFF CONTACT:
Ammie Machan (305) 296-1552
N/A
AGENDA ITEM WORDING:
Approval to rescind Capital Project Funding Agreement with The
Studios of Key West, Inc. For The Studios of Key West Rooftop Garden & Exhibition Space Project
due to Grantee not moving forward with project and requesting rescinding of funding allocation
ITEM BACKGROUND:
Attached is a letter from Grantee notifying the TDC of their decision to
rescind their funding allocation
PREVIOUS RELEVANT BOCC ACTION:
BOCC approved original agreement at their meeting
of October 21, 2015
BOCC approved amendment to agreement at their meeting of May 18, 2016
CONTRACT/AGREEMENT CHANGES:
Rescind at the Request of Grantee
STAFF RECOMMENDATION:
Approval
DOCUMENTATION:
TSKW Rooftop Garden and Exhibition Space
FINANCIAL IMPACT:
Effective Date:
Expiration Date:
Total Dollar Value of Contract: $200,000
Total Cost to County: No Cost to County
Current Year Portion: $200,000
Budgeted:
Source of Funds:
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CPI:
Indirect Costs:
Estimated Ongoing Costs Not Included in above dollar amounts:
Revenue Producing: If yes, amount:
Grant:
County Match
:
Insurance Required:
Additional Details:
REVIEWED BY:
Maxine Pacini Completed 01/23/2017 9:51 AM
Christine Limbert Completed 01/23/2017 3:45 PM
Kathy Peters Completed 01/24/2017 3:55 PM
Board of County Commissioners Pending 02/15/2017 9:00 AM
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