File #: 22-1095    Version: 1 Name:
Type: Emergency Ordinance Status: Passed
File created: 6/14/2022 In control: City Council
On agenda: 6/28/2022 Final action: 6/28/2022
Title: Public Hearing regarding the proposed assessment for the Corpus Christi Tourism Public Improvement District (“District”) with consideration and approval of a one-reading ordinance authorizing the levy of an assessment at the rate of 2% of taxable room-nights sold at qualifying hotels located within the District; setting the method of payment for the assessment; approving the Service Plan for the District; authorizing an agreement between the City, the Corpus Christi Area Convention and Visitors’ Bureau, and the Corpus Christi Tourism Public Improvement District Corporation regarding the management of the District; appropriating $750,000.00 in revenue from the District for FY 2022; and amending the operating budget.
Sponsors: Finance & Procurement
Attachments: 1. Agenda Memo Second TPID Public Hearing 6.28.pdf, 2. Ordinance - TPID Levy Assessment 06.28.pdf, 3. Three way Contract_CVB_TPIDC Clean Copy 06.06.pdf

title

Public Hearing regarding the proposed assessment for the Corpus Christi Tourism Public Improvement District (“District”) with consideration and approval of a one-reading ordinance authorizing the levy of an assessment at the rate of 2% of taxable room-nights sold at qualifying hotels located within the District; setting the method of payment for the assessment; approving the Service Plan for the District; authorizing an agreement between the City, the Corpus Christi Area Convention and Visitors’ Bureau, and the Corpus Christi Tourism Public Improvement District Corporation regarding the management of the District; appropriating $750,000.00 in revenue from the District for FY 2022; and amending the operating budget.