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File #: 19-0712    Version: 1
Type: Agenda Item Status: Approved
File created: 4/24/2019 In control: Board of Supervisors
On agenda: 6/4/2019 Final action: 6/4/2019
Title: Planning and Building Department, Economic Development Division, recommending the Board approve and authorize the Purchasing Agent to sign five two-year Funding Agreements for the issuance of Transient Occupancy Tax funding to promote tourism, entertainment, business, and leisure travel in the County, totaling $610,940 in Fiscal Year 2019-2020 and $610,940 in Fiscal Year 2020-2021, for a total two-year commitment of $1,221,880, with an option to extend beyond the two-year term based on performance and accomplishments, and authorize the Purchasing Agent to approve any amendments that do not increase the maximum dollar amount or term of the agreements, contingent upon approval by Counsel and Risk Management, with the following organizations: 1) $240,920 in Fiscal Year 2019-20 and $240,920 in Fiscal Year 2020-2021 with the El Dorado County Chamber of Commerce - El Dorado Visitors Authority; 2) $150,750 in Fiscal Year 2019-20 and $150,750 in Fiscal Year 2020-2021 with the El Dorado County ...
Attachments: 1. A - Executed Agreement #3969- EDH COC, 2. B - Exectued Agreement #3971- EDC COC Visitor's Authority, 3. C - Executed Agreement #3972- EDC COC Film Commission, 4. D - Executed Agreement #3973-Lake Tahoe South Shore Chamber of Commerce, 5. E - Executed Agreement #3974-Tahoe Prosperity, 6. F - Blue Route #3969- EDH COC, 7. G - Blue Route #3971- EDC COC Visitor's Authority, 8. H - Blue Route #3972- EDC COC Film Commission, 9. I - Blue Route #3973- Lake Tahoe South Shore COC, 10. J - Blue Route #3974-Tahoe Prosperity, 11. Board of Supervisors
Related files: 19-0482, 20-0584, 20-0629, 20-0791, 20-0870, 20-0910
Title
Planning and Building Department, Economic Development Division, recommending the Board approve and authorize the Purchasing Agent to sign five two-year Funding Agreements for the issuance of Transient Occupancy Tax funding to promote tourism, entertainment, business, and leisure travel in the County, totaling $610,940 in Fiscal Year 2019-2020 and $610,940 in Fiscal Year 2020-2021, for a total two-year commitment of $1,221,880, with an option to extend beyond the two-year term based on performance and accomplishments, and authorize the Purchasing Agent to approve any amendments that do not increase the maximum dollar amount or term of the agreements, contingent upon approval by Counsel and Risk Management, with the following organizations:
1) $240,920 in Fiscal Year 2019-20 and $240,920 in Fiscal Year 2020-2021 with the El Dorado County Chamber of Commerce - El Dorado Visitors Authority;
2) $150,750 in Fiscal Year 2019-20 and $150,750 in Fiscal Year 2020-2021 with the El Dorado County Chamber of Commerce - El Dorado Film Commission;
3) $110,320 in Fiscal Year 2019-20 and $110,320 in Fiscal Year 2020-2021 with the El Dorado Hills Chamber of Commerce - California Welcome Center;
4) $78,950 in Fiscal Year 2019-20 and $78,950 in Fiscal Year 2020-2021 with the Lake Tahoe South Shore Chamber of Commerce; and
5) $30,000 in Fiscal Year 2019-20 and $30,000 in Fiscal Year 2020-2021 with the Tahoe Prosperity Center.

FUNDING: Transient Occupancy Tax. (General Fund)
Body
DISCUSSION / BACKGROUND
Policy 10.1.6.4 of the Economic Development Element of the County’s General Plan specifies that “The majority of transient occupancy tax (TOT) generated revenue shall be directed toward the promotion of tourism, entertainment, business, and leisure travel in El Dorado County”. For budget purposes, the “majority” of TOT has been construed to mean 51% of funds, although this figure has been adjusted upward by the Board in prior fiscal years.
On April 22, 2019 (Legistar Item # 19-...

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