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 2012, that portion is projected to be $4,440,000 and is provided to Experience Columbus per this ordinance. In addition to the projected $4,400,000 in hotel/motel revenues City Council deems it appropriate to award Experience Columbus an additional $2,000,000 in general fund support.
Emergency action is requested since the start of this contract was January 1, 2012, but its authorization could not proceed until the adoption of the 2012 budget on January 31, 2011.
Contract Compliance #:31-4153118 004 (non profit)
FISCAL IMPACT: Funding for this contract is included in the 2012 budget.
Title
To authorize City Council 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 $4,440,000.00) of the combined rates of 5.1% of the Hotel/Motel Excise Tax and to authorize a transfer of $2,000,000 within the General Fund and to authorize the expenditure of $2,000,000 from the General Fund; and to declare an emergency. ($6,440,000.00)
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 $4,440,000 or 1.5percent of the combined rates of 5.1percent of the revenues of the Hotel/Motel Excise Tax in accordance with Chapter 371.02 (c) of Columbus City Codes, 1959; and
WHEREAS, in add...
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