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FY2001 10/19/2000 fILED F OR RECORD 00 NOV I 4 FUNDING AGREEMEN~Atr!\' I .. PH '3: 2S c'C L. ,hOL/fli THIS AGREEMENT is made and entered _~~~eg~ the Board of County Commissioners of Monroe County, Florida, (hereinafte~~~gtm1~',fo~s the "BOCC") and Tammie Gurgiolo. (hereinafter referred to as "Event Sponsor"); WHEREAS, the umbrella organization under contract to the BOCC has recommended to the Monroe County Tourist Development Council (hereinafter "TDC"), which has endorsed the recommendation, that certain monies be allocated for promotion of an event; THEREFORE; in consideration of the mutual promises contained herein, the parties agree as follows: 1. BOCC shall pay a sum not to exceed $2,000.00 (Two Thousand Dollars) for promotion and related expenditures, as described in the event budget, attached hereto as Exhibit A, for production of the Islamorada Women's Sailfish Tournament on February 9-10, 2001. Payment will be made only after Event Sponsor submits invoices and support documentation acceptable to the County's Finance Department. The advertising and promotion budget for County funding may be altered as to the individual line items, or components, within 10% of the amount stated for that item or component, without increasing the total dollar amount and without requiring a written amendment to this agreement. Monroe County's performance and obligation to pay under this agreement is contingent upon an annual appropriation by the BOCC. 2. Event Sponsor shall provide promotion and related services as described in the Sponsor's application for funding, Exhibit B, attached hereto. All advertising and public relations services or supervision of advertising and public relations will be provided through the contracted agencies of the Tourist Development Council (TDC) and BOCC. The agencies of record, shall receive payment of work in progress upon submission of documented invoices associated with said event. Event sponsor fully understands that funding is obtained from tourist development taxes for which the fiscal year ends September 30, 2001. Event sponsor also understands that the funding process through which this contract was made available by County requires event sponsors to submit their payment requests as quickly as possible and to finalize all such requests before the end of the fiscal year, if at all possible. In order for the tourist development taxes to be utilized most effectively for the purpose for which they were authorized, attracting and promoting tourism, the budgeting process of the County requires the event's funding to be concluded in a timely manner. In recognition that the timeliness of payment requests is of extreme importance to the funding of future advertising and promotion for the stability of the tourist- based economy, Event Sponsor agrees to submit by September 30,2001, all invoices and support documentation as required by the County's Finance Department rules and policies. Event sponsor shall not be reimbursed nor will Event Sponsor's vendors be paid directly for any invoices received after September 30, 2001, except that for events with promotional expenditures occurring from August 1 through September 30,2001, invoices must be submitted within ninety (90) days of the conclusion of the event. IN WITNESS WHEREOF, each pa'f ~ caused this Agreement to be executed by its duly authorized representative, the / day of ~.I , 2000. ". ._~ ~(r~\9'6 V \'::-~ ~~ -- '~ Attest: By. OR ~~~~ Lc,J)dcu Ga:~{l}11J / Witness Tammie Gurgiolo BY~'T President EXHIBIT A BUDGET BREAKDOWN FLORIDA KEYS FISHING TOURNAMENTS, INC. OCTOBER 1, 2000 TO SEPTEMBER 30, 2001 ISLAMORADA WOMENS SAILFISH TOURNAMENT ------------------------------------------------------ FEB. 9-10, 2001 DIRECT MAIL & POSTAGE $ --0-- BROCHURES, POSTERS, PROGRAMS, PATCHES *GENERAL - NON-ALLOCATED $ 200 $ 600 $ --0-- $ 300 $ 600 $ 300 ---------- $ 2,000 TROPHIES PHOTO PROGRAM MEDIA ADVERTISING T-SHIRTS, CAPS, JACKETS DAY 1 DAY 2 DAY 3 DAY 4 DAY 5 EXHIBIT B FLORIDA KEYS FISHING TOURNAMENTS, INC., TOURNAMENT SCHEDULE OF EVENTS FISCAL YEAR 2000-2001 . ISL-A/V{Db9~ A j)jo/'ft0 J/; i L-hJ+t -r; M R-/VAfYl.f /)T PRINT TOURNAMENT NAME ~ AM LINES IN WATER ~O PM LINES OUT OF WATER ~: bu PM EVENING COCKTAIL PARTY PM OTHER EVENT ~: o=D AM LINES IN WATER ~: CJl)PM LINES IN WATER ~ ~: tTO PM EVENING EVENT PM OTHER EVENT AM LINES IN WATER -- PM LINES IN WATER -- PM EVENING EVENT -- PM OTHER EVENT -- _ _AM LINES IN WATER PM LINES IN WATER PM EVENING EVENT PM OTHER EVENT 6