Item:
Title
Approval of One Year Extension of Interlocal Agreement for the Durham Sports Commission
Body
Date Of BOCC Meeting: February 11th, 2019
Request For Board Action:
Agenda Text
The Board is requested to approve the one year extension of the interlocal agreement for the Durham Sports Commission and authorize the County Manager to execute it.
In 2016 the City of Durham, County of Durham, DCVB (now Discover Durham), and the Greater Durham Chamber of Commerce executed a 3- year interlocal creating, funding, and organizing the Durham Sports Commission (DSC). The funding for the DSC comes from a portion of occupancy tax revenue growth going to the City, County, and Discover Durham beyond the base year of FY14-15. This interlocal agreement expires on June 30, 2019.
One element of the business of sports tourism is the larger the event, usually the further out the booking happens. As a result, without assured funding beyond the end of this fiscal year, the sales staff of the DSC have had to scale back their activity. City and County staff have been in conversation with Discover Durham and the Sports Commission staff and board about if and how the dedicated revenue for the DSC should grow and, if it does, how it will be used and what the anticipated return on investment will be. We have not yet concluded those conversations, but want to remove enough of the future uncertainty that the sales staff of the DSC can continue booking future events with more certainty that there will be funding to support these events.
City and County staff fully anticipate bringing a longer extension with somewhat revised terms to their respective boards before the end of FY19-20.
Alignment With Strategic Plan: A vibrant sports tourism industry in Durham, the goal of the Durham Sports Commission, is strongly tied to Goal 4 of the Durham County Strategic Plan, among others.
Resource Persons: Drew Cummings, Chief of Staff
County Manager's Recommendation: The Cou...
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