TDVA action on TOT bonding doubtful for Wednesday meeting
by Sally J. Taylor
WHO: Tahoe-Douglas Visitors Authority
WHAT: Possible discussion on bonding of room tax revenue for Kahle
Park Phase II
WHEN: Wednesday, 6 p.m.
WHERE: Douglas County Administrative Building, Stateline
The board of the Tahoe-Douglas Visitors Authority may not have
enough information by its Wednesday meeting to take a position
on the Douglas County Board of Commissioner’s proposal to bond
room tax revenue to pay for Phase Two construction of Kahle Park.
A meeting with representatives of the two organizations to clarify
the proposal will occur just a few hours before the 6 p.m. TDVA
Although the discussion is on the TDVA agenda, that’s probably
too quick for the board to consider the information and take a
stance during its meeting, said Steve Teshara, the executive director
of the Lake Tahoe Gaming Alliance and staff-member for the TDVA.
During the Jan. 14 TDVA meeting, board members voiced support
for the park’s completion, but expressed concern for the precedent
of bonding room tax money intended for tourism promotions to use
for capital improvements.
Before taking a position, the board members asked for more information
on just what portion of the Transient Occupancy Tax was proposed
for bonding and how much would be diverted from tourism promotions.
With that information, the financial impact on future marketing
revenue could more accurately be determined.
Teshara expects the issue to be addressed during the Feb. 11 meeting.
In other business on the agenda for Wednesday, the TDVA board
will consider contracting with Patterson, Rush & Company to provide
accounting services for the organization.
With that in place, the board is expected to formally ask the
county to release funds earmarked for the organization from the
1 percent room tax increase that took effect in October.
The room tax increase and the TDVA were created by the Nevada
Legislature though AB616. The bill also requires, beginning in
1999, that up to 65 percent of room tax money previously used
for Douglas County services be gradually transferred to tourism
For more information on the TDVA meeting, call (702) 588-2488.
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