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[COMMITTEE SUBSTITUTE FOR] ORDINANCE NO. 240077

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Sponsor: Mayor Quinton Lucas
COMMITTEE SUBSTITUTE

Estimating additional revenue in the Convention and Tourism Fund; adjusting the transfer from Convention and Tourism Fund to Neighborhood Tourist Development Fund by $300,000.00; appropriating $300,000.00 from the Unappropriated Fund Balance of the Neighborhood Tourist Development Fund; approving a contract up to $975,000.00 with the Greater Kansas City Sports Commission for the purpose of promoting neighborhoods and tourism in connection with a 2024 Kansas City Chiefs Post Season Championship Celebration to be held on Wednesday, February 14 in the event the Kansas City Chiefs are victorious in Super Bowl LVIII; waiving a requirement of Section 2-931(2)(e), Code of Ordinances; and recognizing this ordinance as having an accelerated effective date.

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WHEREAS, ? 92.336, RSMo, provides that ten percent of the proceeds of the City's convention and tourism tax be committed to the Neighborhood Tourism and Development Fund ("NTDF"), to be used for the purpose of promoting such neighborhood through cultural, social, ethnic, historic, educational, and recreations events; and

WHEREAS, the FY2023-24 revised estimate for hotel/motel tax revenue is anticipated to exceed the Adopted Budget by $3,000,000.00 and ten percent of the tax is allocated to the Neighborhood Tourist Development Fund; and

WHEREAS, Council has provided a process for the NTDF Committee to make recommendations to the City Council for the expenditure of NTDF Funds in code Chapter 2, Art. VI, Div. 9; and

WHEREAS, Section 2-931(2)(e), Code of Ordinances provides that no proposal for use of NTDF general accounts funds will be considered by the Council for approval, modification, or disapproval without first being reviewed and reported to the Council by the NTDF Committee; NOW, THEREFORE,

BE IT ORDAINED BY THE COUNCIL OF KANSAS...

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