Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Vanderburgh County council approves joint resolution and memorandum of understanding to extend convention-center funding; members seek clearer capital rules
Summary
The county council voted to approve a joint resolution and a memorandum of understanding (MOU) tied to extending a portion of innkeeper tax support for the Old National Events Plaza/Convention Center. Council members and other participants urged tighter definitions of what counts as "capital" before future rebates would be triggered.
Vanderburgh County Council members on [date not specified in transcript] approved a joint resolution and an accompanying memorandum of understanding intended to extend a portion of county innkeeper-tax support for the Old National Events Plaza and to set terms for rebates to Explore Evansville if operating losses shrink.
The vote followed extensive debate over whether expenditures categorized as "capital improvements" should be excluded when calculating the target loss threshold that would allow a partial rebate of the county's 1% innkeeper-tax allocation. Council members said they would work to tighten the MOU language after the vote.
Council President Tom Shetler and representatives of Explore Evansville, the hotel-motel association and county staff described the agreements as a “peace accord” designed to enlist hotels and other stakeholders in stabilizing convention-center…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
