Putting “heads in beds” will result in $48,054 divvied up among six Terrell organizations that applied for funds generated by the city’s Hotel/Motel tax.
The City Council on Tuesday approved the disbursements. Each allocation represents an average of the amounts recommended by each councilmember for each organization. In addition, the city will squirrel away $12,389 for unforeseen special events that may arise during fiscal 2020.
Organizations to receive hotel/motel taxes (also known as HOT taxes) include the National Quartet Convention (Lake Country Jubilee), $7,629; Burnett Family Reunion, $3,554; E! Terrell Entertainment Series, $12,825; Terrell Heritage Society, $7,834; Southwestern Christian College, $14,677; and the Vagabond Players, $1,535.
Revenue from the city’s 10 hotels and motels is expected to generate $555,684 for fiscal 2020. Of that, $193,745 is earmarked for a planned Event Center in partnership with Fairfield Inn and TRU by Hilton; $180,970 will go to the Convention and Visitors Bureau; and the No. 1 British Flying Training School Museum will receive $120,526. The remaining $60,443 will be allocated to the six organizations and the city’s special events fund.
Also Tuesday, the council took action designed to support the No. 1 British Flying Training School Museum and its future home downtown. As part of a multiyear agreement, the council agreed to dedicate annual HOT taxes to help fund the museum. After the Event Center partnership gets it cut, the museum will receive a third of the remaining annual HOT tax funds. Under the agreement, the museum will kick in $100,000 for building renovation and pledge to keep the museum open to the public a minimum of six hours a day for five days a week for 48 weeks a year.
In a separate agreement, the council ok’d the transfer of $135,000 in TIF (tax increment financing) funds generated by TIF Reinvestment Zone No. 1 for purchase of the Chapman Building at 113 W. Moore Ave., which will be the museum’s new home. The transformation of the old 1890s-era building is expected to be in the range of $2.5 million.
In other business, the council authorized a $115,000 engineering services contract with McManus & Johnson Consulting Engineers for design work to improve Temple Street and drainage at the Stalling Addition and Stallings Park.
The council also voted to update ordinances regulating panhandling, aggressive solicitations and loitering.