2008-06-19 HOT Committee Minutes
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2 MINUTES
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4 Hotel Occupancy Tax Committee Meeting
5 June 19, 2008
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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.
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11 PRESENT: Council Members Pete Kamp and Chris Watts
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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
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19 AGENDA ITEM 1: CONSIDER APPROVAL OF HOTEL OCCUPANCY TAX
20 COMMITTEE MINUTES FROM APRIL 24, 2008
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22 Minutes were approved as written by Councilmember Chris Watts and seconded by Pete Kamp.
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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
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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.
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35 AGENDA ITEM 3: NEW BUSINESS
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37 No new business was discussed.
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39 Meeting adjourned 2:37 P.M.