HomeMy WebLinkAboutTC Res 2013-11-20 (3)RESOLUTION NO. 45-2013
A RESOLUTION OF THE TOWN COUNCIL OF THE
TOWN OF TIBURON ALLOCATING A PORTION
OF TRANSIENT OCCUPANCY TAX RECEIPTS TOWARDS
MARKETING THE TOWN OF TIBURON
WHEREAS, Resolution 2653(a) of the Town of Tiburon was adopted on November 15,
1989, and increased the Transient Occupancy Tax (TOT) collected from hotels from nine percent
to ten percent. It also indicated the Town's intent to allocate one percent of the TOT collected
from the Tiburon Lodge (10% of amount remitted to Town) to the Tiburon Peninsula Chamber
of Commerce (Chamber) to assist in covering its amlual operational and promotional expenses.
WHEREAS, in October 2000 the Water's Edge Hotel opened in downtown Tiburon and
the TOT collected from the hotel is not subject to allocation to the Chamber.
WHEREAS, the Town of Tiburon has embarked upon an extensive marketing campaign
in recent years to promote tourism and revitalize the downtown, and wishes to retain a portion of
these funds in a separate account for the purpose of marketing Tiburon.
NOW, THEREFORE, BE IT RESOLVED, that effective January 1, 2014, the Town of
Tiburon shall:
1. remit five percent (5 %) of the TOT received from the Lodge at Tiburon to the
Chamber for the purpose of promoting Tiburon businesses and conducting special
events. The Chamber shall submit an annual budget to the Town for each prospective
calendar year indicating how these funds shall be spent; and
2. retain five percent (5 %) of the TOT remitted by the Tiburon Lodge to be held by the
Town in a separate account for marketing purposes.
BE IT FURTHER RESOLVED, that these retained funds shall be used to market Tiburon
as a destination and increase the demand for local goods and services by Tiburon residents and
visitors. The Town may, in the future, determine that the most effective means of expending
these funds for this purpose is to contract with a third party, such as a Tiburon Visitor's Bureau.
PASSED AND ADOPTED at a regular Meeting of the Town Council of the Town of
Tiburon on November 20, 2013, by the following vote:
AYES:
COUNCILMEMBERS:
NOES:
COUNCILMEMBERS:
ABSENT:
COUNCILMEMBERS:
ATTEST: f1
DIANE CRANf IACOPI, TOWN CLERK
Fraser, Fredericks, O'Domlell, Slavitz
None
Doyle
EMMETT O'DONNELL, MAYOR