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TDC adopts draft capital project funding guidelines; board adds $1 million economic‑study threshold
Summary
The Flagler County Tourist Development Council approved proposed guidelines for a Capital Project Funding Program, adding a board amendment to require independent economic impact studies for projects requesting $1,000,000 or more; the board also approved the program application process.
The Flagler County Tourist Development Council approved draft guidelines for a new Capital Project Funding Program and voted to require that projects requesting $1,000,000 or more provide an independent economic impact study. The board also approved the related application materials.
Amy (Tourism staff) told the board the guidelines are meant to align the program with industry best practices and the county’s strategic plan. “This is still in draft, but the overall concept and direction is what we're looking for approval today,” she said during a detailed presentation of proposed eligibility, evaluation and reporting requirements.
Key elements of the guidelines approved by the board include:…
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