Type:
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Resolution
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Status:
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Passed
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File created:
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11/12/2015
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In control:
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Finance
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On agenda:
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11/23/2015
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Final action:
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11/23/2015
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Enactment date:
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Enactment #:
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Title:
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RESOLUTION DISTRIBUTING THE ESTIMATED 2016 HOTEL-MOTEL AND FOOD AND BEVERAGE TOURISM TAXES.
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Title RESOLUTION DISTRIBUTING THE ESTIMATED 2016 HOTEL-MOTEL AND FOOD AND BEVERAGE TOURISM TAXES. Body CITY PROPOSAL: RESOLVED, that the 2016 hotel-motel and food and beverage tourism taxes, as estimated, be distributed in the following manner: Promotional & Capital & Debt Service Total Operational Support 3% Hotel/motel tax $ 2,512,200 $ 960,900 $ 1,551,300 1% Hotel/motel tax $ 837,400 $ 837,400 1% Food and beverage $ 2,470,900 $ 2,470,900 Additional 2% hotel/motel $ 1,561,700 $ 780,900 $ 780,800 Additional .75% food and beverage $ 1,853,200 $ 1,853,200 Additional .5% food/beverage and .5% hotel/motel $ 1,625,900 $ 1,625,900 Total $ 10,861,300 $ 5,050,100 $ 5,811,200 DECC- Amsoil Arena debt service $ 3,404,500 $ 3,404,500 Spirit Mountain bond - Chalet $ 500,000 $ 500,000 Spirit Mountain Adventure Park lease $ 145,700 $ 145,700 Visit Duluth $ 1,775,000 $ 1,775,000 Other advertising and publicity $ 200,000 $ 200,000 General fund tourism activities support $ 895,000 $ 895,000 General fund tourist-related park maintenance $ 200,000 $ 200,000 Lake Superior Zoo $ 510,000 $ 510,000 Great Lakes Aquarium $ 360,000 $ 360,000 Business improvement district $ 200,000 $ 200,000 Heritage & Arts Center/Depot $ 226,800 $ 226,800 Capital projects $ 135,100 $ 135,100 Public arts $ 40,000 $ 40,000 Sister cities $ 40,000 $ 40,000 Lake Superior & Mississippi Railroad $ 20,000 $ 20,000 Rail alliance $ 12,500 $ 12,500 DECC - Bayfront Park management $ 60,000 $ 60,000 DECC - Blue Bridge operations $ 38,000 $ 38,000 Glensheen matching funds $ 50,000 $ 50,000 St Louis River Corridor debt service $ 1,6... Click here for full text
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