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HomeMy WebLinkAboutReg 2020-07-20 Item 4D - LTAC - Lodging Tax Funding Applications: Seattle Southside Chamber of Commerce, Seattle Southside Regional Tourism Authority and City of TukwilaCOUNCIL AGENDA SYNOPSIS ---------------------------------- Initials Meetinga Date Prepared by Mayor's review Council review 7/13/20 BJM 7/20/20 BJM ITEM INFORMATION ITEMNO. STAFF SPONSOR: B. MILES ORIGINAL AGENDA DATE: 7/13/20 AGENDA ITEM TITLE Lodging Tax Funding Requests CATEGORY ® Discussion ,Utg Date 07113120 ® Motion Utg Date 71201.20 ❑ Resolution Utg Date ❑ Ordinance Utg Date ❑ BidAward Utg Date ❑ Public Hearing Utg Date ❑Other Utg Date SPONSOR ❑ Council ® Mayor ❑ HR ❑ DCD ❑ Finance ❑ Fire ❑ TS ❑ Pcj�°R ❑ Police ❑ Pik SPONSOR'S Review of a lodging tax funding request from Seattle Southside Chamber of Commerce, SUM IARY Seattle Southside Regional Tourism Authority, and Office of Economic Development for the City of Tukwila. REVIE','ED BY ❑ Trans&Infrastructure ❑ CommunitySvs/Safety- ❑ Finance Com ® Planning/Economic Dev. ® LTAC ❑ Arts Comm. ❑ Parks Comm. ❑ Planning Comm. DATE: 6/12/20 LTAC, 7/6/20 PED COMMITTEE CHAIR: MCLEOD RECOMMENDATIONS: SPONSOR/ADMIN. Mayor's Office, Economic Development COMNaTTEE Unanimous Approval; Forward to Committee of the Whole COST IMPACT / FUND SOURCE EXPENDITURE REQUIRED AMOUNT BUDGETED APPROPRIATION REQUIRED $213,375 $N/A N/A Fund Source: LODGING TAX FUND, 101 FUND, TOURISM FUNDING Comments: There are sufficient funds, however, a budget amendment may be needed and staff is working with Finance. MTG. DATE RECORD OF COUNCIL ACTION 07/13/20 Forward to Regular Meeting MTG. DATE ATTACHMENTS 07/13/20 Informational Memorandum, dated June 30, 2020. LTAC Application, Seattle Southside Chamber of Commerce, "Southside Promise." LTAC Application, SSRTA, "Emergency Funding Request for Meeting Campaign" LTAC Application, City of Tukwila, Office of Economic Development, "Experience Lodging Tax Six -Year Financial Model 2019/2020 Agreement between the City of Tukwila and Seattle Southside Tourism Tourism Promotion Agreement SSRTA's Revised Budget Minutes from the 7/6 PED Committee meeting 07/20/20 No attachments 35