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EXHIBIT A INDIAN RIVER COUNTY TOURIST TAX FUNDING REQUEST A. Program Cover Page Agency: Treasure Coast Sports Commission Telephone: Contact Charles Hatcher Fax: Person: Ii7►.l�:lri��:1 Title: President/CEO E -Mail: rhatcher(a�playtreasurecoastflorida.com Address: 31 Piazza Drive Port St. Lucie, FL 34986 Website PlayTreasureCoastFlorida.com Address: Program Promote & Advertise Tourism Title: I Agree - By checking the "I Agree" box and entering your name below, you certify that information contained in this application accurately reflects the activities of this agency and that the expenditures or portions thereof for which County funds are being requested are not reimbursed by any other source. Name: Ryan Strickland Title: Vice President bneT aescn tion OT the rro ram Tor wnicn Tunaing is re uestea: These funds are being requested to continue the support of sports tourism in Indian River County, complementing the regional efforts of the Treasure Coast. The requested funding would be utilized for post event grant support, bid fees, destination marketing and administrative costs. The goal is to attract sporting events that will increase tourist development tax collections, occupancy for hotels and restaurants, facility rental fees while generating a positive economic impact within Indian River County. Participants and spectators will spend dollars on accommodations, food and beverage, shopping, gas, etc, which will increase sales tax revenue, tourist tax collections and business occupancy. The Treasure Coast Sports Commission (TCSC) is the recognized Sports Tourism Management and Marketing Organization for the Treasure Coast Region. The TCSC has a successful track record of attracting sporting events to the Treasure Coast plus tracking the actualized room nights and overall economic impact per event. Historically, 80-90 grant funded events are hosted annually on the Treasure Coast, with 25-30 of those events taking place in Indian River County. FY2023, the TCSC is projecting 110 grant funded events to be hosted on the Treasure Coast, with 35-38 of these events taking place in Indian River County. A calendar of events can be found on the sports commission's website, Pla TreasureCoastFlorida.com Summary Report Amount requested from Indian River County for 2022/2023: $250,000.00 Total Proposed Program budget for 2022/2023: $850,000.00 Percent of total Program budget: 29.41 % Current Funding (2021/2022) $210,000.00 Dollar increase / (decrease) in request: $40,000.00 Percent increase / decrease in request: 19.05% It request mcreasea 5-/o or more, ones ex lain wn : The increase in funds being requested directly correlates to the projected increase in event grant funds. If an event is cancelled or does not take place, Indian River County retains the money. Grant funds are dispersed post an event once proper paperwork has been submitted. The TCSC has a successful track record of attracting sporting events to the Treasure Coast plus tracking the actualized room nights and overall economic impact per'event. Historically, 80-90 grant funded events are hosted annually on the Treasure Coast, with 25-30 of those events taking place in Indian River County. FY 2022 TCSC hosted 100 events as a region for the first time since inception in 1999. FY2023, the TCSC is projecting 110 grant funded events to be hosted on the Treasure Coast, with 35-38 of these events taking place in Indian River County. 80% of the requested funding increase would be earmarked for event grants only. The Organization's Board of Directors has approved this application on (date): 04/29/22 Name of President/Chair of the Board: Jill Hanson Name of Exec. Director/CEO: EXHIBIT A Charles Hatcher