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HomeMy WebLinkAboutRES 23-082RESOLUTION NO. 23-082 BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BEAUMONT, TEXAS, SUPPORTING HB 3250, RELATING TO THE AUTHORITY OF CERTAIN MUNICIPALITIES TO PLEDGE CERTAIN TAX REVENUE FOR THE PAYMENT OF OBLIGATIONS RELATED TO HOTEL PROJECTS. WHEREAS, the City of Beaumont intends to build a qualifying hotel project as contemplated under Section 351.102 (b) of the Tax Code; and, WHEREAS, the State of Texas has previously allowed eligible central municipalities as described in Section 351.102 (b) of the Tax Code to pledge certain revenues authorized under Section 151.429 (h) of the Tax Code, as well as those revenues authorized under Section 2303.5055 of the Government Code for the payment of debt obligations associated with a qualifying hotel project; and, WHEREAS, the City of Beaumont is desirous of receiving the same rights and benefits as other eligible central municipalities; and, WHEREAS, Representative Christian Manuel has introduced HB 3250, allowing a municipality with a population of 115,000 or more that borders the Neches River; and, WHEREAS, if HB 3250 is passed the qualifying hotel project will serve as a catalyst project for downtown Beaumont's current and ongoing renewal efforts; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT, TEXAS: THAT, the statements and findings set out in the preamble to this resolution are hereby, in all things, approved and adopted; and, Section 1. That the City Council of the City of Beaumont, Texas, supports the efforts of Representative Christian Manuel in his sponsorship of HB 3250, relating to the authority of certain municipalities to pledge certain tax revenue for the payment of obligations related to hotel projects. Section 2. That the City Council of the City of Beaumont, Texas, urges the members of the Texas House of Representatives to pass HB 3250 for economic benefit of the State of Texas and the City of Beaumont, Texas, Section 3. That this resolution shall take effect immediately from and after its passage. The meeting at which this resolution was approved was in all things conducted in strict compliance with the Texas Open Meetings Act, Texas Government Code, Chapter 551. PASSED BY THE CITY COUNCIL of the City of Beaumont this the 2181 day of March, 2023. dw or {� � � -Mayor Rabin Mouton -