HomeMy WebLinkAboutResolution 3302-12-2005A Resolution
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AUTHORIZING THE CITY MANAGER TO SEEK AND DISTRIBUTE STATE
FUNDS, PURSUANT TO CHAPTER 398 OF THE LOCAL GOVERNMENT CODE IN
SUPPORT OF THE NATIONAL CUTTING HORSE ASSOCIATION TRIPLE
CROWN EVENT
WHEREAS, Texas Senate Bill 1253 amending Subtitle C, Title 12 the Local Government Code
by adding Chapter 398 `Measures to Support Municipal and County Special Events" became effective
September 1 2005 providing special event economic development incentives to a host community and
WHEREAS, the City of Fort Worth, as the host community of the National Cutting Horse
Associations Triple Crown event, is eligible to receive the lesser of one half of the amount of total
expenses or one -half of the amount of the anticipated increase in State sales tax receipts from the State
of Texas, as defined in Chapter 398 of the Local Government Code resulting from of the event, and
WHEREAS, the City of Fort Worth and the State of Texas may benefit directly from this new
state law by utilizing state funds to augment local incentives for the purpose(s) of retammg events in our
city and our state that are being courted by other cities located in other states, and by enhancing these
events so that they have more prestige and draw more contestants and attendees, and
WHEREAS Chapter 398 of the Local Government Code allows for the use of any funds
received from state under this law for the following expenditures:
• Providing security specifically for the event,
• Providing public transportation and traffic management services for the event,
• Providing or renting public facilities and the utilities associated with the use of the facilities
during the event;
• Preparing or maintaining a contract associated with conducting the event;
• Providing maintenance and janitorial services in preparation for during, or on completion of the
event;
• Developing or providing a special promotion, incentive, or award for or associated with the
event; and
• Any other activity or item authorized in the special event plan approved under state law
WHEREAS, the City of Fort Worth and the State of Texas may benefit indirectly from this new
state law from an increase in tourism resulting from the retention or the attraction of events to our city
and state that will likely have the effect of
• An increase in utilized hotel rooms, which has a positive impact on the Hotel Occupancy Tax,
and
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•
Resolution No. 330 �' 1 a - 2.W 6
• An increase in general sales and consumption, which has a positive impact on the local and state
sales tax; and
• An increase in the length of time a show is in Fort Worth facilities, which increases the local
facility rental revenue.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
FORT WORTH, TEXAS THAT-
1 The City Manager is authorized to submit an application to the State Comptroller to seek
state funds, pursuant to Chapter 398 of the Local Government Code for the purpose of
utilizing any funds received to assist in enhancing the National Cutting Horse Association
Triple Crown event with a goal of increasing participation and attendance and benefiting the
economy of Fort Worth and the State of Texas, and
2. The City Manager is authorized to negotiate a contract with National Cutting Horse
Association specific to any state funds received through Chapter 398 of the Local
Government Code with the explicit guidance that the application and the contract be
developed so as to maximize the state funds coming back to the City to support the Triple
Crown event.
Adopted this 2& day of December 2005
ATTEST —;
B y
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MartyfHendnx, City cr'et
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APPROVED
CITY COUNCIL
DEC 2 0 2095
City Secretary of the
City of Fort Worth, Texes
CITY Or lE'eill<T WORTH