Item Coversheet

SEMINOLE COUNTY GOVERNMENT

COUNTY SERVICES BUILDING
1101 EAST FIRST STREET
SANFORD, FLORIDA
32771-1468

Perfect Game USA Inc. 2022 January-September 2022 Event Series Tourist Tax Funding Agreement

Agenda Memorandum
File Number: 2021 - 3089



Title:
Approve and authorize the Chairman to execute a Sports Tourism Funding Agreement with Perfect Game USA, Inc. in the amount of $389,797.95 for the 31 baseball events scheduled at the Boombah Sports Complex, January 1, 2022 - September 30, 2022, projected to generate 36,000 room nights and over $25.5 million dollars in economic impact. Countywide (Danny Trosset, Sports Tourism Manager)
Division:
Tourism Development
Contact/Phone Number:
407-665-2902
Background:

Seminole County Government and Perfect Game USA, Inc. entered a Memorandum of Understanding (MOU) on July 28, 2020, designating Perfect Game as a preferred operator at the Seminole County Boombah Sports Complex.

 

As part of the MOU, the County agreed to provide Perfect Game with an annual facility use agreement and a grant funding agreement for the use of the Sports Complex. The MOU further affords Perfect Game the same opportunity for hotel room night incentives provided to other tournament organizers via the County's Sports Tourism/Incentive Grant Program.

 

Seminole County's Sports Tourism Incentive Program is an authorized use of Tourist Development Tax Funds, per Florida Statutes Section 125.0104. The program provides grants to event/tournament organizations based on hotel room night generation. These incentives support Seminole County facility rentals, in this case, rental fees for the Boombah Sports Complex, which are paid directly to the Sports Complex. Funds are not awarded until a post-event analysis is performed. The incentive is based on the total number of Seminole County hotel room nights generated by the event. An established $15 per room night multiplier is calculated. Room nights must be verified by both the event organizer and Seminole County Tourism staff.

 

In order to streamline the process for all Perfect Game events, an annual funding agreement is recommended for the remaining months of FY2021/22.

 

This funding agreement appropriates Tourist Development Tax (TDT) revenues as operating funds to host the Perfect Game USA January - September 2022 events. Up to $389,797.95 in TDT revenues shall be used to pay a portion of facility fees at Boombah Sports Complex for the January - September 2022 events, as described in the attached exhibits.

 

Following the Sports Tourism Incentive Program, Perfect Game must complete a Tourist Funding Grant Application for the January-September 2022 event schedule. The application includes an estimated total room night goal. Funding will be awarded by the County only following a post-event analysis, which requires Perfect Game to submit the total hotel room nights produced resulting from these events. Only those verified Seminole County hotel room nights will be eligible for the $15 per room night incentive funding. These 31 Perfect Game baseball events are projected to generate 36,000 hotel room nights and an estimated $25.5 million dollars in economic impact benefitting Seminole County businesses.

Staff Recommendation:
Staff recommends the Board approve and authorize the Chairman to execute Sports Tourism Funding Agreement with Perfect Game USA, Inc. in the amount of $389,797.95 for the 31 baseball events scheduled at the Boombah Sports Complex, January 1, 2022 - September 30, 2022, projected to generate 36,000 Seminole County hotel room nights and $25.5 million in economic impact.
ATTACHMENTS:
Description
Perfect Game Inc. USA (January-September 2022 Event Series) Tourist Tax Funding Agreement
Perfect Game (January-September 2022) Funding Agreement Exhibits