How would the TDF money be distributed?

The program will work like a grant program meaning that interested parties would apply for funding. This includes establishing a review committee that would accept applications once annually. They would then review the applications and recommend a funding plan to the City Council for approval.

Application & Committee Members

The committee will be appointed by the City Council. The application process will include two phases. The first phase is a preliminary review by staff to determine eligibility. The second phase, if eligible, would be more detailed requiring studies and analysis of the concept at the applicant’s expense.

The committee members serve two years and must be replaced or reappointed. A member may serve as many as three terms. This means that no one member’s terms on the committee shall exceed six years of service. The committee consists of three representatives of the tourism industry, two at-large community appointees, and two ex officio members (one from the Planning Commission and one from the Economic Development Authority. The committee will solicit project applications, review every Phase 2 Tourism Development Fund (TDF) application, and will make funding recommendations to City Council. City Council will make final funding decisions.

Show All Answers

1. Why do we need a Tourism Development Fund (TDF)?
2. What types of projects could be funded by the TDF?
3. How much would taxes increase if the TDF is approved?
4. Why can’t the City fund the TDF using existing revenues?
5. Is anyone able to apply for funding?
6. How would the TDF money be distributed?
7. Why does the City have to fund the projects?
8. How did City Council decide on a Tourism Development Fund?
9. Will unspent TDF money rollover into the next year?
10. How does the TDF differ from the City’s Capital Improvement Plan (CIP)?
11. Where has a TDF been successful in a similar market to ours?
12. How will we determine the success of the TDF?