Item Coversheet

City of Topeka
Council Action Form
 Council Chambers
214 SE 8th Street
Topeka, Kansas 66603
www.topeka.org
July 30, 2024
DATE:July 30, 2024
CONTACT PERSON:Amanda Stanley, City AttorneyDOCUMENT #:
SECOND PARTY/SUBJECT:Transient Guest Tax fundsPROJECT #:
CATEGORY/SUBCATEGORY 020 Resolutions / 005 Miscellaneous
CIP PROJECT:No
ACTION OF COUNCIL:JOURNAL #:
PAGE #:
DOCUMENT DESCRIPTION:

 

RESOLUTION introduced by Councilmembers Kell, Miller, and Hoferer sitting as the Transient Guest Tax Committee, to reallocate remaining transient guest tax funding from the Evel Knievel Museum to the Downtown Topeka Foundation Ice Rink.

 

DEVELOPMENT AGREEMENT between the City of Topeka and Downtown Topeka Foundation specifying the rights and responsibilities relating to the ice rink project. 

 

Voting Requirement: Action Requires at least six (6) votes of the Governing Body.

 

(Approval of the resolution and development agreement will transfer the current undistributed fund balance and future TGT collections to the Downtown Topeka Foundation in accordance with the agreement.)

 

VOTING REQUIREMENTS:
Action requires at least six (6) votes of the Governing Body.
POLICY ISSUE:
STAFF RECOMMENDATION:
Staff recommends that the Governing Body move to approve
BACKGROUND:

The Transient Guest Tax Committee has been discussing what action to take with the undistributed transient guest tax dollars the City has due to Evel Knievel’s departure. The Committee recommends dedicating current and future undistributed funds that Evel Knievel would have received to the Downtown Topeka Foundation for building an ice-skating rink directly north of Evergy Plaza, contingent upon an agreed-upon development contract between the City and the Downtown Topeka Foundation.

BUDGETARY IMPACT:
SOURCE OF FUNDING:
Undistributed Transient Guest Tax Funds
ATTACHMENTS:
Description
Resolution
Development Agreement
Committee Report-July 23, 2024
Minutes Excerpt - May 23, 2024
Finance Memo
Proposal