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Board of County Commissioners Meeting Minutes - Final February 2, 2021 The Chairman called a recess at 10:33 a.m., and reconvened the meeting at 10:43 a.m. with all members present. 12. DEPARTMENTAL MATTERS A. Community Development B. Emergency Services C. General Services D. Human Resources E. Information Technology F. Office of Management and Budget 12.F.1. 21-0181 Allocation of One -Half Cent of Tourist Tax Revenue Recommended Action: Staff recommends that the Board of County Commissioners approve allocating one-third (1/3) of one cent towards the Beach Restoration Fund, with the remaining one-sixth (1/6) of one cent to be used to fund Tourism Promotion beginning October 1, 2021. Attachments: Staff Report Florida Statute 125.0104 Indian River County FL Code of Ordinances Ch. 210 Historic Dodgertown Facilty Lease Agreement Agenda Item Director of Management and Budget Kristin Daniels referenced staff s memo dated January 21, 2021, as she reviewed her department's proposal to re -allocate one-half (1/2) of one cent of Tourist Tax revenue, as provided for in the spending plan for Historic Dodgertown/Jackie Robinson Training Complex (the Complex). Staff recommended redistributing the revenue to Beach Restoration and Tourist Promotion beginning in Fiscal Year (FY) 2021/22. Director Daniels noted that the Statutes did not allow for half -penny allocations, so the portions would be converted to represent a fraction of one cent. Vice Chairman O'Bryan advocated for 75 percent of this new Tourist Promotion revenue to be held back as contingency for unforeseen mid -year opportunities. Chairman Flescher, and Commissioners Earman and Adams provided their rationale for supporting the proposed allocations, as well as supporting Vice Chairman O'Bryan's suggestion for a Tourist Promotion Fund reserve. Indian River County Florida Page 9