HomeMy WebLinkAbout07.10.2000 (2)COUNCIL WORK SESSION
July 10, 2000
4:30 p.m.
Council Chambers
Members present: Mayor Rooff, Anders, Jordan, Krizek, Murphy, Gronen, Getty, Berry.
Moved by Krizek, seconded by Gronen that the Agenda, as proposed, be approved. Ayes:
Seven. Motion carried.
Martha Place, Executive Director of the Waterloo Convention and Visitors Bureau, presented a
copy of the 2000-2001 Budget. Ms. Place stated that the Convention and Visitors Bureau had a
good year. The Bureau is entering into the new fiscal year with a carry-over of approximately
$55,000. The overage is because the Bureau lost two staff members and was without an
executive director most of the fiscal year. Ms. Place commented that the Bureau continues to
promote Waterloo with events such as the Women's Bowling Tournament, Waterloo and Iowa
Openings and the Two -Cylinder Club Exhibition.
Ms. Place stated that she feels the Bureau needs to work with everyone, including the Chamber of
Commerce and Main Street Waterloo. Ms. Place commented that she hopes that someday the
Waterloo Bureau will join with the Cedar Falls Convention and Visitors Bureau.
Ms. Place reported that the Bureau receives $250,000 of the first $500,000 of hotel/motel tax
revenues collected. After the $500,000 cap is met, the Bureau can apply for half of any excesses
collected. The 2000-2001 tax revenues total $698,005.93, which is an 8 percent increase over
last year. Ms. Place stated that the Bureau is asking for $76,655, which is one-half of the 4`"
quarter hotel/motel revenues over $500,000.
Councilperson Getty stated that he would like to look at the 50/50 agreement regarding revenue
over $500,000. Councilperson Getty stated he would like to continue allocating $250,000 of the
first $500,000 to the Bureau, but next year he would like to look at the city keeping all the excess
over $500,000. Councilperson Getty stated that the city is looking at projects such as the Cedar
River Dam and the Band Shell. Mayor Rooff stated that the Bureau will be partnering with the
downtown development plan.
With no further business before the council, it was moved by Krizek, seconded by Getty that the
meeting be adjourned at 4:59 p.m. Ayes: Seven. Motion carried.
Nancy Eckert
City Clerk