DEPARTMENT: City Clerk
DEPARTMENT HEAD: Leticia Vacek
COUNCIL DISTRICTS IMPACTED: City-wide
SUBJECT:
Certification of the San Antonio Tourism Public Improvement District Petition
SUMMARY:
Said item certifies the petitions submitted by the San Antonio Hotel and Lodging Association for the creation of the San Antonio Tourism Public Improvement District (SATPID).
BACKGROUND INFORMATION:
On October 24, 2018, the San Antonio Hotel Lodging Association (SAHLA) presented the City Clerk with petitions signed totaling 106 registered property owners of hotels with 100 or more rooms within the proposed SATPID. Staff verified the petition, as required by State Law. According to Chapter 372 of the Texas Local Government Code, the petition must be signed by record property owners representing more than 60% of the appraised value of taxable real property liable for assessment in the proposed district. Additionally, that 60% of all record owners of taxable real property are liable for assessment. The petition submitted by SAHLA includes the signatures of record property owners representing 74.24% of the appraised value of taxable real property liable for assessment in the proposed district and 64.52% of all record owners of taxable real property that are liable for assessment.
ISSUE:
Having met at least 60% for each requirement; the SATPID Petitions are hereby valid.
ALTERNATIVES:
N/A
FISCAL IMPACT:
N/A
RECOMMENDATION:
The City Clerk hereby certifies that the SATPID Petitions are valid and no action is required on the certification.