File #: 24-1326    Version: 1 Name:
Type: Ordinance Status: Second Reading
File created: 8/2/2024 In control: City Council
On agenda: 8/13/2024 Final action: 8/13/2024
Title: One reading ordinance calling for a special election to be held on November 5, 2024 to repurpose the expiring Type A sales tax funding to Type B sales tax funding utilizing an existing 1/8 cent by allocating 50% of the annual sales tax collections to financing infrastructure improvements to City-wide Arterial and Collector street projects and 50% of the annual sales tax collection for improvements to city-owned recreation and community facilities within the Sports, Entertainment, and Arts (SEA) District (The Corpus Christi Museum of Science and History, the Art Museum of South Texas, the Texas State Museum of Asian Cultures and Education Center, the Harbor Playhouse, and the Water Garden) and the Selena Auditorium, the Convention Center, and the Arena ; and allow the City to enter into a joint election agreement with Nueces County.
Sponsors: City Manager's Office, Economic Development
Attachments: 1. Agenda Memo - Election Memo Sales Tax Proposition E - 8.9.24 Final V2, 2. Sales Tax Ordinance (Prop E - Streets and Rec Facilities) Final V2 08.09.pdf, 3. Sales Tax Reauthorization 8.13.pdf

Title

One reading ordinance calling for a special election to be held on November 5, 2024 to repurpose the expiring Type A sales tax funding to Type B sales tax funding utilizing an existing 1/8 cent by allocating 50% of the annual sales tax collections to financing infrastructure improvements to City-wide Arterial and Collector street projects and 50% of the annual sales tax collection for improvements to city-owned recreation and community facilities within the Sports, Entertainment, and Arts (SEA) District (The Corpus Christi Museum of Science and History, the Art Museum of South Texas, the Texas State Museum of Asian Cultures and Education Center, the Harbor Playhouse, and the Water Garden) and the Selena Auditorium, the Convention Center, and the Arena ; and allow the City to enter into a joint election agreement with Nueces County.