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Board signs $25.1M funding agreement for Dali Museum expansion
Summary
Pinellas County approved a negotiated capital project funding agreement totaling $25,100,000 to support the Dali Museum expansion after staff presented the agreement and assured commissioners they would receive a flow‑of‑funds summary for future TDC items.
The county approved a negotiated capital project funding agreement on Aug. 13 that implements a previously approved tourist‑development‑council recommendation for a $25,100,000 commitment to the Dali Museum expansion. County staff said the agreement is the negotiated funding document and that the museum and the county had worked through customary terms.
Commissioners asked for an updated flow‑of‑funds and cash‑flow schedule for TDC expenditures; staff confirmed that information will be included in an upcoming packet so commissioners can monitor total expenditures and reserves. The vote to approve the funding agreement was recorded by the clerk and passed on the meeting’s roll call.
Outlook: The funding agreement advances the Dali Museum expansion into the implementation stage; the commission requested a standing summary of TDC cash-flow impacts when future disbursements are presented.
