TITLE: Title
A Resolution Making an Appointment to the Carrboro Tourism Development Authority
PURPOSE: The purpose of this item is for the Board of Aldermen to appoint a member to the Carrboro Tourism Development Authority (CTDA).
body
DEPARTMENT: Town Clerk
CONTACT INFORMATION: Cathy Dorando - 918-7309
INFORMATION: The CTDA was established by Section 8A of the Carrboro Town Code. The CTDA currently has two members and one vacant seat. The application attached is from Wendy Smith.
The attached resolution appoints Wendy Smith to the CTDA for a term that expires in January 2020.
FISCAL & STAFF IMPACT: The Hotel/Motel Room Occupancy Tax is a tax for the Town of Carrboro and the distribution of the tax is outlined in Section 8A-4 of the Carrboro Town Code:
Section 8A-4. Distribution and Use of Tax Revenue.
The town shall, on a quarterly basis, remit the net proceeds of the occupancy tax to the Carrboro
Tourism Development Authority (CTDA). The CTDA shall use at least two-thirds of the funds remitted to it under this section to promote travel and tourism in Carrboro and shall use the remainder for tourism-related expenditures. The following definitions apply in this section:
(1) Net Proceeds. Gross proceeds less the cost to the town of administering and collecting the tax, as determined by the finance officer, not to exceed three percent (3%) of the first five hundred thousand dollars ($500,000) of gross proceeds collected each year and one percent (1%) of the remaining gross receipts collected each year.
(2) Promote travel and tourism. To advertise or market an area or activity, publish and distribute pamphlets and other materials, conduct market research, or engage in similar promotional activities that attract tourists or business travelers to the area. The term includes administrative expenses incurred in engaging in these activities.
(3) Tourism-related expenditures. Expenditures that, in the judgment of the CTDA...
Click here for full text