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Board of County Commissioners <br />Page 5 of 6 <br />May 28, 2014 <br />Table 4 <br />TOURIST DEVELOPMENT COUNCIL RATING SUMMARY <br />Staff Recommendation - $74,328 Use of Fund Balance <br />Organization <br />2013/2014 <br />Funding <br />Total <br />Points <br />Indian River County Chamber <br />of Commerce & Sebastian <br />Chamber of Commerce <br />Treasure Coast Sports <br />Commission <br />Historical Society <br />Vero Heritage <br />Cultural Council <br />Main Street Vero Beach <br />$420,613 <br />$148,700 <br />$12,000 <br />$12,000 <br />$60,000 <br />$0 <br />886 <br />773 <br />754 <br />752 <br />601 <br />Ranking <br />1 <br />2 <br />3 <br />4 <br />5 <br />6 <br />2014/2015 <br />Revised <br />Request <br />$428,578 <br />$150,400 <br />$20,000 <br />$12,000 <br />$60,000 <br />.............................................. <br />$5,000 <br />Funding Per <br />Policy <br />$0 <br />Total <br />$653,313 <br />$675,978 <br />$670,978 <br />File copies of the applications for each agency are available in the Board of Commissioners <br />office for review. Also, the individual rating sheets from all Tourist Development Council <br />members are available in the Board office for review. <br />ALTERNATIVES <br />Alternative 1 — Approve funding of all requests totaling $675,978, as shown in Table 2, which <br />is consistent with the motion passed by the TDC on a vote of 6-3. This would require the use of <br />an additional $9,328 in fund balance, for a total fund balance usage of $79,328. <br />Alternative 2 — Approve funding request in ranked order totaling $670,978, as shown in Table 4. <br />This would require the use of an additional $4,328 in fund balance, for a total fund balance usage <br />of $74,328. <br />98 <br />