Executive/Council Action Form (ECAF)
ITEM TITLE:
Title
2024 Hotel-Motel Fund Agreement - Lynnwood District
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DEPARTMENT: Executive
ORIGINATOR: Trudy Soriano
EXECUTIVE RECOMMENDATION: Approved
PURPOSE: Authorize the lodging-tax Hotel-Motel Funding Agreement between Snohomish County and the Lodging Tax Advisory Committee (LTAC) endorsed project, Lynnwood District - Interlaced Festival at an amount of not to exceed $10,000.
BACKGROUND: On December 13, 2023, Snohomish County Council approved the 2024 Local Hotel/Motel Fund Grants Expenditure Plan, which included funding thirty-nine projects at the levels recommended by the Snohomish County Lodging Tax Advisory Committee (LTAC). The attached contract (P-24-23) has a value of $10,000 and is within the Executive’s authority to execute without further Council involvement as a result of its approval per Motion 23-535. This agreement uses a boilerplate format that has been developed with, and reviewed by, both Prosecuting Attorney and Risk Management staff.
FISCAL IMPLICATIONS:
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EXPEND: FUND, AGY, ORG, ACTY, OBJ, AU |
CURRENT YR |
2ND YR |
1ST 6 YRS |
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116.501014105205 |
$10,000.00 |
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TOTAL |
$10,000.00 |
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REVENUE: FUND, AGY, ORG, REV, SOURCE |
CURRENT YR |
2ND YR |
1ST 6 YRS |
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TOTAL |
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DEPARTMENT FISCAL IMPACT NOTES: Click or tap here to enter text.
CONTRACT INFORMATION:
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ORIGINAL |
x |
CONTRACT# |
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AMOUNT |
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AMENDMENT |
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CONTRACT# |
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AMOUNT |
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Contract Period
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ORIGINAL |
START |
Upon Execution |
END |
12-31-2024 |
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AMENDMENT |
START |
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END |
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OTHER DEPARTMENTAL REVIEW/COMMENTS: Click or tap here to enter text.