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City of Topeka
Council Action Form
Council Chambers
214 SE 8th Street
Topeka, Kansas 66603
www.topeka.org |
| | | February 11, 2025 |
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| | | | | | | | | DATE: | February 11, 2025 | | | | CONTACT PERSON: | Braxton Copley, Public Works Director | DOCUMENT #: | | | SECOND PARTY/SUBJECT: | Hotel Topeka Operations and Maintenance | PROJECT #: | | | CATEGORY/SUBCATEGORY | 020 Resolutions / 004 Public Improvements | | CIP PROJECT: | No | | | | ACTION OF COUNCIL: | | JOURNAL #: | | | | PAGE #: | |
| DOCUMENT DESCRIPTION: |
RESOLUTION introduced by City Manager Robert M. Perez, regarding additional funding for operations and maintenance for Hotel Topeka.
Voting Requirement: Action requires at least six (6) votes of the Governing Body.
(Approval would allow the transfer of $71,499 to the Topeka Development Corporation for operation and maintenance of Hotel Topeka.)
| | VOTING REQUIREMENTS: | Action requires at least six (6) votes of the Governing Body. | | POLICY ISSUE: | Whether to approve funding for operations and maintenance of Hotel Topeka. | | STAFF RECOMMENDATION: | Staff recommends the Governing Body move to approve the resolution. | | BACKGROUND: | The management agreement for Hotel Topeka requires the owner, The Topeka Development Corporation (TDC), to maintain a minimum working capital account of $150,000. TDC has received a funding request in the amount of $71,449 for operations and maintenance of Hotel Topeka.
| | BUDGETARY IMPACT: | $71,449 | | SOURCE OF FUNDING: | | General Fund - Hotel Non-Departmental Expense |
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