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2022, 12-22 agenda special mtg AGENDA LODGING TAX ADVISORY COMMITTEE SPECIAL MEETING December 22, 2022 1:00 p.m. Remotely via ZOOM Meeting and In Person at 10210 E Sprague Avenue Spokane Valley, WA NOTE: members of the public may attend Spokane Valley Committee meetings in-person at City Hall at the address provided above, or via Zoom at the link below. Join the Zoom WEB Meeting ___________________________________________________________________________________ Call to Order I. Agenda Item: 2023 Lodging Tax Funding Overview of Lodging Tax process of review and comment Chelsie Taylor, Finance Director th Council Motion from Dec 13 Sarah Farr, Accountant/Budget Analyst At the October 20, 2022 LTAC Meting, members passed the following motion: Concerning the 1.3% tax for capital projects, it was confirmed that this is a total over three years, so the full amount if awarded, would be $1 million a year. It was moved by Mr. Guinn, seconded and unanimously agreed to accept the $2 million average based on responses today. given at least 45 days to review and provide comments prior to final action by the municipality. This allows the City Council to conduct its own review of the materials submitted, including the minutes and recommended amounts by the LTAC, to come up with its own proposed distribution of the revenue for any of the applicants, which may be the same or different from the LTAC recommendation. If it is different, the City must give the LTAC 45 days to review and provide comments on the proposed revised distribution before taking final action. At the December 13, 2022 Council Meeting, Council members passed the following motion: It was moved by Deputy Mayor Higgins and seconded to allocate $2,000,000 of Lodging Tax funds from Fund #104 from the 1.3% tax to the design, construction, and other associated costs of the Spokane County and Spokane Indians Avista Stadium Project to be funded entirely in the grant year 2023 according to the subsequent request by Spokane County. This will be presented to the Lodging Tax Advisory Committee for review and comment and return to Council for final action as required by law. Lodging Tax Advisory Committee Member Comments LTAC Chair Rod Higgins PUBLIC COMMENT OPPORTUNITY: This is an opportunity for public December 13, 2022 motion. Individuals will have a maximum speaking time of three minutes, and may only comment once. Other LTAC Member Comments: Adjourn