[UPDATE] Tallahassee Expected to Reap Inaugural Bonanza

By: The News Service of Florida; AP
By: The News Service of Florida; AP

[UPDATE] 12-23 9:26AM --

The Florida Chamber of Commerce and Gov.-elect Rick Scott’s inaugural team are estimating that Scott’s inaugural events will have a $4.5 million impact on the state’s economy. “As Florida transitions to a new year and toward a new economy, the private sector will be leading the way,” said Mark Wilson, President and CEO of the Florida Chamber of Commerce, in a statement. “There’s no better way to jump start Florida’s economy than by holding Inaugural Day festivities that pump more than $4.5 million into Florida’s economy – and will do so without spending taxpayer dollars.” The chamber and inaugural committee said thousands are expected to arrive in Tallahassee for the inaugural events on Jan. 3 and Jan. 4, meaning they will stay in local hotels and eat in local restaurants. The inaugural committee has organized a dozen events around Tallahassee to honor the incoming governor and lieutenant governor, funded mostly through private donation. “The Inauguration comes at a particularly good time of year for us that is typically slow,” said Andrew Reiss, owner of the downtown Tallahassee staple Andrew’s and caterer for one of the inaugural events. “These events will provide us a great boost in both our restaurant and catering business and we are proud to be a part of this celebration with Floridians from across the state.”

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Tallahassee, FL (AP) - Governor-elect Rick Scott has an economic stimulus plan for Florida's capital city -- his inauguration.

The Scott Inaugural Committee and Florida Chamber of Commerce on
Wednesday predicted the Jan. 4 event will generate $4.5 million in
economic activity for the state.

The biggest share -- up to $3 million -- will be spent in
Tallahassee by thousands of inaugural visitors for such expenses as
hotel rooms and restaurant meals.

Florida State University hospitality professor Mark Bonn said
that's about as much as Tallahassee rakes in for a Seminole
football game against another Atlantic Coast Conference team.

None of it will be taxpayer money, though, as private funds are
being raised to pay for the inaugural.

(Copyright 2010 by The Associated Press. All Rights Reserved.)


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