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HomeMy WebLinkAboutResolution - 4822 - Approves Designation Of A Portion Of HOTRF For VIC/FAC/BH Display - 04/27/1995Resolution No. 4822 April 27, 1995 Item #32 RESOLUTION WHEREAS, the City Council of the City of Lubbock is granted authority by Chapter 351 of the Tax Code to expend Municipal Hotel Occupancy taxes for visitor information centers; and WHEREAS, the City of Lubbock has many attractions that it deems to be of interest to visitors to the City; and WHEREAS, a suitable location is needed for the display of such items of interest as the Buddy Holly memorabilia display and fine arts; and WHEREAS, the City Council deems it to be in the best interest of the citizens of the City j of Lubbock to designate a portion of the municipal hotel occupancy tax reserve fund for such a facility; NOW THEREFORE: BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the City Council of the City of Lubbock hereby approves the designation of $500,000 of the municipal hotel occupancy tax reserve fiend for dedication to a Visitor Information Center/Fine Arts Center/Buddy Holly Display for the City of Lubbock and such funds are to be reserved until such time as needed for the said Visitor Information Center/Fine Arts Center/Buddy Holly Display. �1 Passed by the City Council ATTEST: etty . Johnso , City Secretary TO Aliamus, Director of Culture/ & Recreation APPROVED AS TO FORINT: Donald G. Vandiver, First Assistant. City Attorney ddres/cedocs/hollymemses April 19, 1995