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File #: 24-1304    Version: 1 Name:
Type: MISCELLANEOUS HEARINGS Status: Agenda Ready
File created: 4/9/2024 In control: Office of Economic Development
On agenda: 5/22/2024 Final action:
Title: A public hearing to receive comments concerning the Dallas Tourism Public Improvement District (the District) expansion in accordance with Chapter 372 of the Texas Local Government Code, allowing the City to include property in a hotel-public improvement district (hotel-PID) with the property owner's consent if such property could have been included in the District, when created, without violating the petition thresholds, to provide supplemental public services funded by assessments on Dallas hotels with 100 or more rooms (Qualifying hotels); and, at the close of the public hearing authorize a resolution approving District boundary expansion to include an estimated one additional Qualifying hotel in the District not described in the resolution or petition renewing the District in 2016 and the resolutions approving the 2020, 2022, or 2023 boundary expansions (District expansion) - Financing: This action has no cost consideration to the City (see Fiscal Information)
Indexes: 1, 10, 11, 12, 13, 14, 2, 3, 5, 6, 7, 9
Attachments: 1. Resolution, 2. Exhibit A, 3. Exhibit A-1, 4. Exhibit A-2, 5. Exhibit B
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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STRATEGIC PRIORITY: Economic Development
AGENDA DATE: May 22, 2024
COUNCIL DISTRICT(S): 1, 2, 3, 5, 6, 7, 9, 10, 11, 12, 13, 14
DEPARTMENT: Office of Economic Development
EXECUTIVE: Robin Bentley
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SUBJECT

Title
A public hearing to receive comments concerning the Dallas Tourism Public Improvement District (the District) expansion in accordance with Chapter 372 of the Texas Local Government Code, allowing the City to include property in a hotel-public improvement district (hotel-PID) with the property owner's consent if such property could have been included in the District, when created, without violating the petition thresholds, to provide supplemental public services funded by assessments on Dallas hotels with 100 or more rooms (Qualifying hotels); and, at the close of the public hearing authorize a resolution approving District boundary expansion to include an estimated one additional Qualifying hotel in the District not described in the resolution or petition renewing the District in 2016 and the resolutions approving the 2020, 2022, or 2023 boundary expansions (District expansion) - Financing: This action has no cost consideration to the City (see Fiscal Information)

Body
BACKGROUND

The Public Improvement District Act, of the Texas Local Government Code, Chapter 372 (the Act), allows a city to create a hotel-public improvement district (hotel-PID) and to collect assessments from Qualifying hotel property owners. On June 13, 2012, the Dallas City Council established a hotel-PID named the Dallas Tourism Public Improvement District (the District). The District's boundaries are non-contiguous and include designated Qualifying hotel properties, as approved by City Council when the District was renewed on August 10, 2016, by Resolution No. 16-1250 and expanded on March 25, 2020, by Resolution No. 20-0520, on June 8, 2022, by Resolution No. 22-0897, and on May 24, 2023, by Resolution 23-0740. ...

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