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18 - Adoption of a Hotel Occupancy Venue Tax
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18 - Adoption of a Hotel Occupancy Venue Tax
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CITY CLERK
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Item No. 18 <br />memorandum <br />TO: City Council <br />John Godwin, City Manager <br />FROM: Stephanie H. Harris, City Attorney <br />SUBJECT: Ordinance adopting the hotel occupancy venue tax approved by voters in a special <br />election held on May 4, 2019 <br />DATE: June 19, 2019 <br />BACKGROUND: On May 4, 2019, the city held a city-wide special election to consider a <br />proposition authorizing the renovation, repair, and other improvement on the Love Civic Center <br />as a "venue project" under Chapter 334 of the Texas Government Code and imposing an <br />additional 2% hotel occupancy tax to fund the venue project. That proposition passed, and over <br />30 days having passed since the canvassing of the election, and to effectuate the election results, <br />the city must now formally adopt the new tax via ordinance. <br />STATUS OF ISSUE: The hotel occupancy tax is set forth in Chapter 30, Article III of our code <br />of ordinances. The draft ordinance adopts the new tax, specifies that it may only be used towards <br />the venue project, and revises Chapter 30, Article III accordingly. <br />BUDGET: Additional HOT revenues to be used towards the renovation, repair, and other <br />improvement on the Love Civic Center. <br />RECOMMENDATION: Approve the ordinance adopting the hotel occupancy venue tax. <br />
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