Explanation
Hotel/Motel Excise Tax proceeds are disbursed in accordance with Section 371.02(c) of Columbus City Codes, 1959, which in part designates a portion of funds for the purpose of promoting the City of Columbus from funds generated by the Hotel/Motel Excise Taxes. In 2007, in addition to the projected $4,200,000 in hotel/motel revenues, Experience Columbus is scheduled to receive $561,000 in general fund support.
Emergency action is requested since the start of this contract was January 1, 2007 but its authorization could not proceed until the adoption of the 2006 budget on February 5, 2007.
Contract Compliance #: 31-4153118 004 (non profit)
FISCAL IMPACT: Funding for this contract is included in the 2007 budget.
Title
To authorize the City Clerk to contract with Experience Columbus for marketing services to increase tourism and convention business and strengthen the image of the City of Columbus, Ohio; to authorize the expenditure of 1.5% (presently estimated at $4,200,000) of the combined rates of 5.1% of the Hotel/Motel Excise Tax; and to authorize the expenditure of $561,000 from the General Fund; and to declare an emergency. ($4,761,000)
Body
WHEREAS, Section 371.02(c) of the Columbus City Codes, 1959, specifies that up to 1.84 percent of the combined rates of 5.1 percent of the revenues of the Hotel/Motel Excise Tax are to be used for the promotion of the City of Columbus as a desirable location for conventions, tourism, trade shows, and similar events; and
WHEREAS, City Council desires to contract with the Experience Columbus for $4,200,000 or 1.5 percent of the combined rates of 5.1 percent of the revenues of the Hotel/Motel Excise Tax in accordance with Chapter 371.02 (c) of Columbus City Codes, 1959; and
WHEREAS, an additional $561,000 in general fund support will be provided to Experience Columbus in order to enhance their marketing efforts of the City; and
WHEREAS, the City and its citizens...
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