Ordinance approving the service plans, assessment plans and updated assessment rolls for the Corpus Christi Tourism Public Improvement District (“TPID”) as required under Texas Local Government Code Chapter 372; maintaining the existing assessment rate of 2.0% on taxable room revenue generated by hotels with 40 or more rooms within the district; and allocating the assessment rate collections into a special fund for marketing and promotion efforts directly related to hotels within Corpus Christi

Staff Report & Agenda Item Details

Chief Executive Officer of Visit Corpus Christi Brook Kaufman presented information on the following topics: TPID overview; history of TPID; why was TPID created; TPID service plans; TPID estimated budget; investment support; financial transparency and oversight; and looking ahead. CIty Manager Peter Zanoni responded to Council questions. Mayor Guajardo opened the public hearing. There were no comments from the public. Mayor Guajardo closed the public hearing. Council Member Paxson moved to approve the ordinance, seconded by Council Member Roy. This Ordinance was passed on first reading and approved with the following vote:

This motion is scored as EXPANDS_GOVERNMENT (Impact Weight: 7.5/10). Under the Bastiat Liberty Watchdog Index, measures that increase tax rates or fee schedules, issue new debt or Certificates of Obligation, expand regulatory/zoning restrictions on private land use, or authorize unbudgeted spending expansions reduce an official's Freedom Score when voted YES (and reward dissenting NO votes).