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Agenda 07/10/2018 Item #16F307/10/2018 EXECUTIVE SUMMARY Recommendation to approve Amendment # 3 to Collier County’s Agreement with Pro Watercross to host the 2018 Pro Watercross World Championships in Collier County, approve Tourist Development Tax Promotion funding in the amount of $147,500 for local event expenses, and make a finding that this expenditure promotes tourism. _____________________________________________________________________________________ OBJECTIVE: Approve funding for promoting, managing, and televising the Pro Watercross World Championships. CONSIDERATIONS: Collier County is planning to host the Pro Watercross Tour World Championships for the years 2015-2018. The 2015 Agreement allows annual renewals of the Agreement. Amendment #3 is to clarify and confirm the 2018 dates for the event and to authorize an additional opportunity for renewal in 2019. This year’s event will take place at Sugden Regional Park in Collier County October 26 - November 4, 2018. The event will bring in Pro Watercross riders, crews, families , and fans from all over the world. The County’s commitment is to fund the following costs to support and promote this event. Funding for this event is subject to a recommendation from the Tourist Development Council and approval by the Board of County Commissioners. Projected Expenses for 2018 Pro Watercross World Championship ITEMS - To be Paid by Collier County Projected Cost Sugden Park Rental Fees $ 25,000 Hotel Rooms for event staff & officials $ 9,000 EMT Support $ 12,000 Law Enforcement $ 6,000 Overnight Security for Equipment $ 5,500 Promotional Items for Athletes $ 5,000 Pro Watercross Event Film Production & Press Conference $ 5,000 Collier County Total $ 67,500 CBS Sports Network or Similar Network production & airing of (1) hour television show that will highlight the Watercross World Championship and Naples, FL - placed by Advertising Agency of record $ 80,000 Total Event Support Cost $147,500 Operational costs for the 2018 event have remained the same as 2017 Projected 2018 2017 2016 2015 Athletes 637 546 300 250 Direct Spending $1,317,326 $1,258,830 Est. $850,000 Est. $450,000 TDT $16,625 $15,923 Before calculator Before calculator 16.F.3 Packet Pg. 2393 07/10/2018 FISCAL IMPACT: Funding for this event is included in the proposed FY 19 Tourism Division budget in Fund 184 for sports marketing and media advertising. GROWTH MANAGEMENT IMPACT: There is no impact to the Growth Management Plan from this action. ADVISORY BOARD RECOMMENDATION: The Tourist Development Council recommended approval of this item 8-0 at the June 25, 2018 meeting. LEGAL CONSIDERATION: This item is approved as to form and legality and requires majority vote for approval. - CMG RECOMMENDATION: To approve Amendment # 3 to Collier County’s Agreement with Pro Watercross to host the 2018 Pro Watercross World Championships October 26 - November 4, 2018, approve Tourist Development Tax Promotion funding in the amount of $147,500 for local event expenses, and make a finding that this expenditure promotes tourism. Prepared by: Ed Caum, Deputy Director Tourism and Sports Marketing ATTACHMENT(S) 1. Amendment # 3 (PDF) 2. Pro Watercross Amendment #2 (PDF) 3. Pro Watercross Amendment #1 (PDF) 4. Pro Watercross Executed Agreement (PDF) 16.F.3 Packet Pg. 2394 07/10/2018 COLLIER COUNTY Board of County Commissioners Item Number: 16.F.3 Doc ID: 6102 Item Summary: Recommendation to approve Amendment # 3 to Collier County’s Agreement with Pro Watercross to host the 2018 Pro Watercross World Championships in Collier County, approve Tourist Development Tax Promotion funding in the amount of $147,500 for local event expenses, and make a finding that this expenditure promotes tourism. Meeting Date: 07/10/2018 Prepared by: Title: Tourist Development Tax Coordinator – Tourism Name: Kelly Green 06/26/2018 2:54 PM Submitted by: Title: Division Director - Tourism – Tourism Name: Jack Wert 06/26/2018 2:54 PM Approved By: Review: Tourism Ed Caum Deputy Director Review Completed 06/26/2018 4:11 PM Tourism Jack Wert Director Review Completed 06/26/2018 5:02 PM County Attorney's Office Colleen Greene Level 2 Attorney Review Completed 06/29/2018 9:50 AM County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 06/29/2018 10:30 AM Office of Management and Budget Valerie Fleming Level 3 OMB Gatekeeper Review Completed 06/29/2018 11:01 AM County Manager's Office Tim Durham Executive Director- Corp Business Ops Completed 06/29/2018 12:04 PM Budget and Management Office Ed Finn Additional Reviewer Completed 06/29/2018 2:40 PM County Manager's Office Leo E. Ochs Level 4 County Manager Review Completed 07/02/2018 1:53 PM Board of County Commissioners MaryJo Brock Meeting Pending 07/10/2018 9:00 AM 16.F.3 Packet Pg. 2395 16.F.3.a Packet Pg. 2396 Attachment: Amendment # 3 (6102 : Pro Watercross Amendment # 3) 16.F.3.a Packet Pg. 2397 Attachment: Amendment # 3 (6102 : Pro Watercross Amendment # 3) 16.F.3.b Packet Pg. 2398 Attachment: Pro Watercross Amendment #2 (6102 : Pro Watercross Amendment # 3) 16.F.3.b Packet Pg. 2399 Attachment: Pro Watercross Amendment #2 (6102 : Pro Watercross Amendment # 3) 16.F.3.c Packet Pg. 2400 Attachment: Pro Watercross Amendment #1 (6102 : Pro Watercross Amendment # 3) 16.F.3.c Packet Pg. 2401 Attachment: Pro Watercross Amendment #1 (6102 : Pro Watercross Amendment # 3) 16.F.3.d Packet Pg. 2402 Attachment: Pro Watercross Executed Agreement (6102 : Pro Watercross Amendment # 3) 16.F.3.d Packet Pg. 2403 Attachment: Pro Watercross Executed Agreement (6102 : Pro Watercross Amendment # 3) 16.F.3.d Packet Pg. 2404 Attachment: Pro Watercross Executed Agreement (6102 : Pro Watercross Amendment # 3) 16.F.3.d Packet Pg. 2405 Attachment: Pro Watercross Executed Agreement (6102 : Pro Watercross Amendment # 3) 16.F.3.d Packet Pg. 2406 Attachment: Pro Watercross Executed Agreement (6102 : Pro Watercross Amendment # 3)