Page 426 - Southlake FY20 Budget

Hotel Occupancy Tax Fund
CIP

HOTEL OCCUPAnCY TAx FUnD

City of Southlake FY 2020 CIP Project Status Form

Southlake Visitor Information and Amenity Center

DEPARTMENT: Economic Development & Tourism
PROJECT
LOCATION: Southlake Town Square

PROJECT TIMELINE: TBD to TBD
DESCRIPTION:
The purpose of this item is to establish a project fund for the construction of a Visitor
Information Center that will include public restrooms to be located in Southlake Town
Square.

New Request Continuation Project Joint Use
JUSTIFICATION: Mandated / Replacement / Major Community
Public Health / Rehab or Protection Need / Service
The Southlake 2035 Tourism Master Plan Number T20 recommends enhancing the Safety of Capital Stock Enhancement
visitor experience through the provision of visitor amenities. Assessment and
development of a strategy for a visitor services center that could offer serviceable Compliant with 2030/2035 Comprehensive Plan Element?
amenities for guests. Center could have single or satellite locations and could also List (incl ref #):
include amenities such as public restrooms and serve as a type of "visitor concierge".
ALTERNATIVES / IMPACTS IF PROJECT IS NOT FUNDED: COMPANION PROJECT? If yes, please explain:
Lack of visitor amenities in Town Square; Southlake 2035 recommendation not
implemented.
REVENUE GENERATING? If yes, please explain:
STRATEGIC FOCUS AREA: Quality Development
Revenue may be generated through sales of souvenirs.
FUND: Hotel Occupancy Tax Fund
EXPENDITURE SCHEDULE
PROJECT ELEMENT TOTAL PRIOR 2020 2021 2022 2023 2024 UNFUNDED TOTAL
PLANNING / FEASIBILITY STUDY 0
ENGINEERING & DESIGN 0
LAND 0
TESTING 0
CONSTRUCTION 1,000 200 200 200 200 200 2,000
OTHER 0
TOTAL 1,000 200 200 200 200 200 0 2,000
OPERATIONAL IMPACT
PROJECT ELEMENT TOTAL PRIOR 2020 2021 2022 2023 2024 UNFUNDED TOTAL
MAINTENANCE COSTS 0
PERSONNEL COSTS 0
TOTAL 0 0 0 0 0 0 0 0
FUNDING SCHEDULE
FUNDING SOURCE TOTAL PRIOR 2020 2021 2022 2023 2024 UNFUNDED TOTAL
GENERAL FUND 0
CCPD 0
CEDC 0
HOTEL OCCUPANCY TAX FUND 1,000 200 200 200 200 200 2,000
PARK DEDICATION FEE FUND 0
PUBLIC ART FUND 0
ROADWAY IMPACT FEE FUND 0
SANITARY SEWER IMPACT FEE 0
SPDC 0
SWUS 0
UTILITY FUND 0
WATER IMPACT FEE FUND 0
TOTAL 1,000 200 200 200 200 200 0 2,000
CCPD: CRIME CONTROL & PREVENTION DISTRICT SPDC: SOUTHLAKE PARKS DEVELOPMENT CORPORATION
CEDC: COMMUNITY ENHANCEMENT & DEVELOPMENT CORPORATION SWUS: STORMWATER UTILITY SYSTEM FUND
Funding is represented in thousands of dollars (000s). Example: 3,776 = $3,776,000
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