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CONSENT AGENDA <br />The standard form grant agreement was acceptable to the majority of organizations that <br />receive funding from Indian River County. However, there were a few exceptions noted. <br />While marketing Indian River County as a tourist destination, staff of the Indian River County <br />Chamber of Commerce and the Sebastian Chamber of Commerce travel outside of Indian River <br />County for trade shows, training, and marketing events. This is a necessary element of tourism <br />marketing and promotional activities for which both Chambers have received reimbursements <br />for a number of years. <br />In addition, the Indian River Chamber of Commerce also performs economic development <br />functions on behalf of Indian River County. This function requires travel outside of Indian River <br />County to (1) meet with business owners interested in relocating to Indian River County, (2) <br />attend training relative to economic development incentives and (3) focus on updates to <br />proposed legislation. <br />As such, staff is recommending approval of the amended standard form grant agreement <br />retroactive to October 1, 2017 (which eliminates the out of county travel restriction) for the <br />following: Indian River County Chamber of Commerce tourism promotion efforts, the <br />Sebastian Chamber of Commerce tourism promotion efforts, and the Indian River Chamber of <br />Commerce economic development initiatives. A copy of the amended standard form grant <br />agreement is attached as a reference. <br />FUNDING <br />The Board approved $551,669 in the FY2017/18 budget for the Indian River County <br />Chamber of Commerce ($457,386; 11914472-088750) and the Sebastian Area Chamber of <br />Commerce ($94,283; 11914472-088751) to market Indian River County as a tourist <br />destination. This funding is in the Tourist Development Fund (119). <br />The Board also approved $185,054 in the FY2017/18 budget to fund economic development <br />initiatives in Indian River County. This appropriation is budgeted in the General Fund <br />(00111052-088010). <br />RECOMMENDATION <br />Staff is recommending approval of the amended standard form grant agreement retroactive to <br />October 1, 2017 (which eliminates the out of county travel restriction) for the following: <br />Indian River County Chamber of Commerce tourism promotion efforts, the Sebastian Chamber <br />of Commerce tourism promotion efforts, and the Indian River Chamber of Commerce <br />economic development initiatives. <br />APPROVED AGENDA ITEM FOR: <br />October 17, 2017 <br />Attachments: <br />Attachment 1- Amended Standard Form Grant Agreement <br />P74 <br />