997006
Florida Senate - 2009
SB7070
The Committee on Transportation & Economic Development Appropriations
(Gardiner) recommended the following LATE FILED amendment:
Section: 06
On Page: 036
Spec App: 2573
| EXPLANATION:
Adds proviso placing restrictions on funding for the
Florida Sports Foundation pending renogotiation of
the Program Agreement with the Office of Tourism,
Trade and Economic Development.
|
NET IMPACT ON: Total Funds General Revenue Trust Funds
Recurring - 0 0 0
Non-Recurring - 0 0 0
______________________________________________________________________________________
Positions & Amounts Positions & Amounts
DELETE INSERT
GOVERNOR, EXECUTIVE OFFICE OF THE
Program: Office Of Tourism, Trade And
Economic Development
Economic Development Programs And
Projects 31800600
In Section 06 On Page 036
2573 Special Categories 101485
Grants And Aids - Florida Sports
Foundation IOEB
Following Specific Appropriation 2573, INSERT:
Funds provided in Specific Appropriation 2573 are contingent upon the
renegotiation of the Funding and Program Agreement between the Office of
Tourism, Trade and Economic Development and the Florida Sports
Foundation (OTTED Contract Number OT-09-002). The agreement shall
specify that the expenditure of funds shall promote the economic
development of the state and that funds shall be allocated to events
that will maximize revenues to the state. The agreement must direct the
foundation to promote leisure and recreational sports that contribute to
economic growth of the state. Attachment B - Performance Measures shall
be expanded to report outcomes for each event sponsored. The
performance measures negotiated in the agreement must include outcomes
that indicate economic value, including a measurable return on
investment for each event. The terms of the agreement shall address the
997006 Log:0020 MMB/MMB 03/31/09 04:29:28 PM Senate Page: 1
conditions of sponsorships, including disposition of any event tickets
or other promotional items associated with a sponsorship. The term of
the contract shall cover the period from July 1, 2009, to June 30, 2010.
Upon execution of the agreement, the Office of Tourism, Trade, and
Economic Development is authorized to submit a budget amendment in
accordance with chapter 216, Florida Statutes, to request release of
funds.
| Line item amendments are accepted as part of the amendatory process. However, due to the necessity of using computerized systems this may entail a different placement within a budget entity or the renumbering of the specific appropriation items. Items printed in italics are computer codes and are not a part of the official text of this amendment. |
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