| Agenda Item: | 8.
| | Agenda Title: | Discuss and consider action on Hotel Occupancy Tax Fund application from Special Olympics Texas.
| Council Action:
| Discussion and possible action
| | Department: | Administration
| | Staff Contact: | Rebecca Regueira, Assistant to the City Manager
|
1. INTRODUCTION/PURPOSE
To discuss and consider action regarding an application from the Special Olympics of Texas for use of Hotel Occupancy Tax Funds.
2. DESCRIPTION/JUSTIFICATION
a) Background
As provided in the application, the Special Olympics Texas (SOTX) Winter Games is a statewide competition where Athletes with Intellectual Disabilities throughout the State of Texas compete in Floorball, Volleyball, and Powerlifting. The event is planned to take place February 14 - February 16, 2025. There are approximately 2500 overnight guests expected for the event. Both Bee Cave and Lakeway have been approached for funding as cooperation from each city is not only ideal but necessary to ensure event success.
The organization is partnering with Hill Country Indoor, Star Hill Ranch, and Lake Travis ISD. Events and activities will be spread throughout different facilities including Bee Cave and Lake Travis Middle School campuses.
b) Issues and Analysis
Special Olympics Texas applied and was approved to receive $300,000 in Hotel Occupancy Tax from the City of Lakeway at their August 19, 2024 Council meeting. At this time, SOTX has requested $100,000 in funding from the Hotel Occupancy Tax from the City of Bee Cave.
Special Olympics Texas application history with the City of Bee Cave is as follows:
The organization has expressed interest in holding the annual Winter Games in the area for 3-5 years.
3. FINANCIAL/BUDGET
| Amount Requested | $100,000 | | Fund/Account No. | Hotel Occupancy Tax Fund 04 | | Cert. Obligation | | | GO Funds | | | Other source | | | Grant title
| | | Addtl tracking info | |
4. TIMELINE CONSIDERATIONS
5. RECOMMENDATION
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