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HomeMy WebLinkAbout~Master - Transfer of Funds from Hotel/Motel Tax Fund to Parking Fund for Summer Sidewalk Sales Event RESOLUTION NO. 24-195 RESOLUTION APPROVING TRANSFER OF FUNDS FROM HOTEL/MOTEL TAX FUND TO THE PARKING FUND FOR SUMMER SIDEWALK SALES EVENT FOR THE CITY OF AMES, IOWA WHEREAS,Ames Main Street is again hosting its annual Summer Sidewalk Sales from July 25 through July 28, 2024; and, WHEREAS, at this event, Downtown businesses display merchandise on the sidewalks for pedestrians to browse; and, WHEREAS, to facilitate this event, organizers are requesting suspension of parking regulations and enforcement for the entire Downtown from 8:00 a.m. until 8:00 p.m. on Saturday, July 28, 2024; and, WHEREAS, in February 2020, the City Council adopted a new policy regarding metered parking waivers that stated that metered parking fees will not be waived for special events; and, WHEREAS, any event organizer intending to provide free parking or to close metered parking spaces must reimburse the City's Parking Fund for the lost revenue, and the City Council may consider waivers to this Policy on a case-by-case basis for parking spaces that are obstructed by the event; and, WHEREAS, for FY 2024/25, the City Council allocated $10,000 in the Hotel/Motel Tax Fund to reimburse the Parking Fund for Downtown special events where free parking or parking closures are to take place; and, WHEREAS, for this event, the Ames Main Street is requesting to authorize a transfer of $1,370.25 from the Hotel/Motel Tax Fund to the Parking Fund. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa, that the transfer of funds from the Hotel/Motel Fund to the Parking Fund for the Downtown Sidewalk Sales in the amount of$1,370.25 is hereby approved. ADOPTED THIS 23rd day of April, 2024. e4 W- � e e�� Renee kall, City Clerk John A. Haila, Mayor Introduced by: Corrieri Seconded by: Betcher Voting aye: Beatty-Hansen, Betcher, Corrieri, Gartin, Junck, Rollins Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 23rd day of April, 2024.