Loading...
2008-06-19 HOT Committee Minutes 1 2 MINUTES 3 4 Hotel Occupancy Tax Committee Meeting 5 June 19, 2008 6 7 After determining that a quorum was present, the Hotel Occupancy Tax Committee convened 8 into an Open Meeting on Thursday, June 19, 2008, at 1:00 p.m. in the Finance Conference 9 Room, City of Denton City Hall, 215 E. McKinney Street, Denton, Texas. 10 11 PRESENT: Council Members Pete Kamp and Chris Watts 12 13 EX-OFFICIO MEMBERS: 14 Bryan Langley, Director of Finance 15 Jerry Drake, Deputy City Attorney 16 Caroline Finley, Treasury & Debt Manager 17 Randee Klingele, Treasury Services Specialist 18 19 AGENDA ITEM 1: CONSIDER APPROVAL OF HOTEL OCCUPANCY TAX 20 COMMITTEE MINUTES FROM APRIL 24, 2008 21 22 Minutes were approved as written by Councilmember Chris Watts and seconded by Pete Kamp. 23 24 AGENDA ITEM 2: RECEIVE A REPORT, HOLD A DISCUSSION AND GIVE STAFF 25 FUNDING RECOMMENDATIONS REGARDING THE PY2009 FUNDING LEVELS AND 26 BUDGET REQUESTS 27 28 The Committee proceeded to review individual budget requests and noted that the projected 29 revenues for PY2009 were similar to those of PY2008. In light of this, as well as the closing of 30 the Radisson Hotel and the current economic challenges, Councilmember Watts motioned to 31 keep recipient funding levels the same as in the prior year except for a 1% increase for the 32 Denton Chamber of Commerce. This resulted in no available funding for new applicants. 33 Councilmember Kamp seconded the motion and motion passed unanimously. 34 35 AGENDA ITEM 3: NEW BUSINESS 36 37 No new business was discussed. 38 39 Meeting adjourned 2:37 P.M.