Explanation
Hotel/Motel excise tax proceeds are disbursed in accordance with Section 371.02(c) of Columbus City Codes 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 2016, that portion is projected to be $9,446,000 and is provided to Experience Columbus per this ordinance.
Emergency action is requested to ensure ongoing operation of Experience Columbus.
Contract Compliance #:31-4153118 004 (non- profit)
FISCAL IMPACT: Funding for this contract will come from receipts into the Hotel/Motel tax fund in accordance with Section 371.02 of the Columbus City Codes.
Title
To authorize the Department of Finance and Management 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 2.39%, presently estimated at $9,446,000.00, of the combined rates of 5.1% of the hotel/motel excise tax; and to declare an emergency. ($9,446,000.00)
Body
WHEREAS, Section 371.02(c) of the Columbus City Codes, 1959, specifies that 2.39% of the combined rates of 5.1% 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, the aforementioned rates were established pursuant to Ord. 0484-2014; and
WHEREAS, the Department of Finance and Management desires to contract with Experience Columbus for $9,446,000 or 2.39% of the combined rates of 5.1% of the revenues of the hotel/motel excise tax in accordance with Chapter 371.02 (c) of Columbus City Codes; and
WHEREAS, Ord. 2889-2015 appropriated $9,446,000 from the monies in the fund known as the hotel-motel tax fund, fund no. 231, and from all monies estimated to come into said fund from any and all sources during the 12 months ending December 31, 2016;...
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