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Kittitas Valley Event Center Barns & Bloom Pavilion Project-Kitt Co
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2017-06-20 10:00 AM - Commissioners' Agenda
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Kittitas Valley Event Center Barns & Bloom Pavilion Project-Kitt Co
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1/16/2018 2:58:27 PM
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1/16/2018 12:01:02 PM
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Meeting
Date
6/20/2017
Meeting title
Commissioners' Agenda
Location
Commissioners' Auditorium
Address
205 West 5th Room 109 - Ellensburg
Meeting type
Regular
Meeting document type
Supporting documentation
Supplemental fields
Alpha Order
a
Item
Lodging Tax Large Scale Projects Presentations and Request to Consider the Lodging Tax Advisory Committee's Recommendation on the Tourism-Related, Large-Scale Municipality-Owned Capital Projects and Operations Grant Applications
Order
1
Placement
Board Discussion and Decision
Row ID
37453
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other tourism related projects <br />User fees -vendor,rental,and 7%14%40%28%11%Management and financing options <br />other user fees and charges <br />finance projects assuming this Survey respondents were asked to rate special funding and <br />source of revenue is not used and management options for financing the $20,800,000 improvements <br />necessary to pay for operations,costs.Following are the responses in rank order by highest priority. <br />management,promotion, <br />marketing,and maintenance Priorities lwst low ave high hist <br />needs.Public Development Authority 21%18%34%21%7%General obligation bond (if 35%23%23%13%6%(PDA)-a separate organizationapprovedby60%of all County formed by County Commissionersvoters)-finance projects with the able to borrow money to finance <br />bond being repaid by the voter Fair/Rodeo projects and usingapprovedadditionalannualadmission,rental,and parkingpropertytaxuntilthebondisfeesforoperationsandretired(typically 20 years).management. <br />General Fund -money generated 21%18%39%17%5%Metropolitan Park District -a 29%22%29%13%7%from annual property and sales separate organization approved <br />taxes finance Fair/Rodeo projects by voters using voter approvedacknowledging,however,that property tax to financeFair/Rodeo projects could Fair/Rodeo projects and usingcompetewithand/or reduce admission,rental,and parkingfundsnecessarytofinanceallfeesforoperationsandotherCountyservices.management. <br />Property tax levy lid lift (if 44%20%22%9%4%Public Facilities District (PFD)-a 30%17%34%13%5%approved by 50%of all County separate organization formed byvoters)-finance projects with the County Commissioners usinglevybeingrepaidbyvotervoterapprovedpropertyandapprovedadditionalannualsalestaxestofinanceFair/Rodeopropertytaxuntiltheprojectisprojectsandusingadmission,completed whereby the property rental,and parking fees fortaxreturnstotheoriginalrate-operations and management. <br />Survey respondents were asked how much,if anything,they would Concessionaire/developer agreements <br />be willing to pay in additional property taxes per year for a bond or <br />levy financing period to finance the improvements outlined.Survey respondents were asked to rate the advisability of <br />developing some of the improvements by agreements with <br />$0 $25 $50 $75 $100 $125 $150 $175 $200 concessionaries to retrofit and operate the Bowling Alley/Festival <br />32%30%16%3%15%1%2%0%3%Hall,with developers to build and operate the RV Park,and with <br />43
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