Agenda - 08-23-2011 - 8d - Laserfiche WebLink

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ORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: August 23, 2011 Action Agenda Item No. ~-yd SUBJECT• Performance Agreement with Town of Chapel Hill and Visitors Bureau DEPARTMENT: Chapel Hill/Orange County PUBLIC HEARING: (Y/N) No Visitors Bureau ATTACHMENT(S): 1. 2011-2012 Performance Agreement Between the Town of Chapel Hill and the Orange County Visitors Bureau 2. History of Chapel Hill Grant Funding 3. Town of Chapel Hill Occupancy Tax Information 4. Orange County Occupancy Tax Information 5. Town of Carrboro Occupancy Tax Information 6. Town of Hillsborough Occupancy Tax Information INFORMATION CONTACT: Laurie Paolicelli, 919-968-2060 PURPOSE: To review and authorize the Manager to sign the 2011-2012 performance agreement between Town of Chapel Hill and the Visitors Bureau. BACKGROUND: Senate Bill 622, Chapter 392, of the 1991 Session laws makes provisions for both the Orange County Board of Commissioners and Town of Chapel Hill, by resolution, to levy a room occupancy tax of up to three percent (3%) on any accommodation in the County. It directs that at least ten percent (10%) of the annual revenues be used to provide funding for visitor information services and to support cultural events. Orange County has funded the Visitors Bureau since 1992. The Visitors Bureau, since FY1994-95, has received an annual grant allocation from the town of Chapel Hill, ranging from $58,625 to its current $150,000. For fiscal year 2011-2012, the Town of Chapel Hill has allocated $150,000 to the Visitors Bureau as indicated in the performance agreement attached herein. FINANCIAL IMPACT: Approval of the agreement will provide $150,000 to the Visitors Bureau from the Town of Chapel Hill. RECOMMENDATION(S): The Manager recommends that the Board approve the performance agreement between the Town of Chapel Hill and the Visitors Bureau and authorize the Manager to sign the agreement.