Summary:
Florida Citrus Sports is a not-for-profit member-based organization dedicated to increasing community spirit and pride, promoting tourism, stimulating economic development and ultimately benefiting charities, educational institutions and the quality of life in Central Florida through its signature events. These include the Citrus Bowl, Camping World Bowl, Camping World Kickoff and the Florida Citrus Parade. In 2018, the FCSports Foundation mission will continue its focus on stimulating transformative change in the area closest to Camping World Stadium, which was rated among the poorest in Central Florida according to the Orlando Business Journal.
The City's contribution of $60,000 ($50,000 from Economic Development and $10,000 from Downtown Development Board) will assist Florida Citrus Sports in supporting two of their four signature events: the Camping World Bowl (operated by Tangerine Sports Association) and the Florida Citrus Parade (operated by Florida Citrus Sports Events). In exchange for this contribution, the City will receive four (4) (10) second promotional mentions featuring the City of Orlando during the Camping World Bowl game telecast; a Citrus Float Entry in the annual Florida Citrus Parade; and two (2) field level signs approximately visible during the Camping World Bowl, which will be broadcast live from Camping World Stadium in Downtown Orlando on December 28, 2018.
Special event funding in the amount of $10,000 from the Downtown Development Board, to support the Florida Citrus Parade and the Camping World Bowl, was approved at the October 31, 2018 board meeting and is included in the attached agreement. |
Recommended Action:
Approval of the 2018-2019 Funding Agreement between the City of Orlando, The Downtown Development Board, the Tangerine Sports Association, Inc. and the Florida Citrus Sports Events, Inc. and authorization for the Mayor to execute the funding agreement subject to the review and approval by the City Attorney's Office. |