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HomeMy WebLinkAboutRes2024-002 Recommend Reinstate Bed Tax Allocation1 1 1 Sponsored by: Schutter CITY OF SEWARD, ALASKA PORT AND COMMERCE ADVISORY BOARD RESOLUTION 2024-002 A RESOLUTION OF THE PORT AND COMMERCE ADVISORY BOARD OF THE CITY OF SEWARD, ALASKA, RECOMMENDING CITY COUNCIL REINSTATE THE ALLOCATION OF 50% OF THE PREVIOUS YEAR'S BED TAX TO THE SEWARD CHAMBER OF COMMERCE FOR MARKETING SERVICES WHEREAS, beginning in 2001, the Seward City Council agreed to split half of the budgeted bed tax with the Chamber for the express purpose of providing marketing services on behalf of the community; and WHEREAS, beginning in 2002, the Seward City Council began basing the contribution to the Chamber of half of the previous full year's actual bed tax collected; and WHEREAS, since 2005, the City budget has included an appropriation to the Chamber from the second previous full year's bed tax revenue at 50%; and WHEREAS, in 2013, Council reaffirmed its intent to have the Chamber continue as the lead marketing entity, and to continue its intent to annual fund with half of the actual Bed Tax Revenue from each second prior year; and WHEREAS, the City's Strategic Plan and Comprehensive Plan clearly state the City's desire to expand its business base and generate year-round employment; and WHEREAS, marketing is an important effort that must take place to achieve the goals of attracting new business and industry, supporting and growing existing businesses, and increasing customers coming to Seward; and WHEREAS, the Chamber has the experience, professional contacts, and ability to provide marketing services for the community, and the acumen to focus resources and target specific marketing groups to react to changing markets and demands more efficiently and expertly than PACAB or the City; and WHEREAS, in 2021, the Seward City Council voted to allocate a flat rate of $300,000 for the fiscal year 2023 and 2024 to the Chamber, to be reviewed at the next budget cycle; and WHEREAS, the Chamber provides monthly updates on activities to PACAB and works collaboratively with the business community to promote Seward for year round travel, such as Seward Winter Weekends and the Seward Travel Guide and Seward Hometown Guide; and WHEREAS, the Chamber financially supports and facilitates the Seward office of the Alaska Small Business Development Center located in the Chamber offices, and supports small PORT AND COMMERCE ADVISORY BOARD RESOLUTION 2024-002 Page 2 of 2 business growth and economic development by participating in the collaboration of Alaska Entrepreneurial Week; and WHEREAS, PACAB recognizes that fully funding 50% of the bed tax to the Chamber supports a coordinated community -wide marketing effort and is critical to the success of the City's economy. NOW, THEREFORE, BE IT RESOLVED by the Port and Commerce Advisory Board, that: Section 1. The Port and Commerce Advisor Board (PACAB) recommends the City Council reinstate the allocation of 50% of the previous year's bed tax to the Seward Chamber of Commerce for Marketing Services. Section 2. This recommendation shall be provided to City Council on the next available agenda. PASSED AND APPROVED by the Port and Commerce Advisory Board this 2nd day of October 2024. THE CITY F SEWARD, ALASKA Bruce Jaffa; r hair AYES: Groom, Schutter, Smith, Regis, Atwood, Jaffa NOES: None ABSENT: Miller ABSTAIN: None ATTEST: Kris Peck City Clerk (City Seal) ,,�„IIJIJ•JI, e� s OF let . Oa t -• SEAL ••• • • 1..N.: .1dR- 1 ss% 1