HomeMy WebLinkAbout~Master - Transfer from Hotel/Motel Tax Fund to Parking Fund for Small Business SaturdayRESOLUTION NO. 24-580
RESOLUTION APPROVING TRANSFER FROM HOTEL/MOTEL TAX FUND TO
THE PARKING FUND FOR SMALL BUSINESS SATURDAY
FOR THE CITY OF AMES, IOWA
WHEREAS, Ames Main Street (AMS) has submitted requests for Small Business Saturday
on November 30, 2024. To facilitate the event, organizers are requesting a blanket Temporary
Obstruction Permit and suspension of parking regulations and enforcement for the Downtown and
Campustown Areas from 8:00 a.m. to 8:00 p.m. on Saturday November 30, 2024 ($2,468.25
estimated loss to the Parking Fund); and,
WHEREAS, the City's adopted FY 2024/25 budget contains $10,000 in the Hotel/Motel
Tax Fund to support parking waivers. If the parking waiver is approved, funds will be transferred
from this account to the Parking Fund to reimburse the lost revenue. It should be noted that the
City Council has approved the waiver and reimbursement of lost meter revenue for this event in
previous years; and,
WHEREAS, Small Business Saturday is an annual event for the Downtown. This event
aims to attract people to the Downtown and promotes shopping locally to kick off the holiday
shopping season.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,
that resolution approving transfer of $2,468.25 from Hotel/Motel Tax Fund to the Parking Meter
Fund for Small Business Saturday on November 30, 2024 is hereby approved.
ADOPTED THIS 12th day of November, 2024.
_________________________________ ___________________________________
Renee Hall, City Clerk John A. Haila, Mayor
Introduced by: Betcher
Seconded by: Gartin
Voting aye: Beatty-Hansen, Betcher, Corrieri, Gartin, Junck, Rollins
Voting nay: None Absent: None
Resolution declared adopted and signed by the Mayor this 12th day of November, 2024.