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Boone council approves $220,000 hotel‑motel funding package, directs reserves to cover outstanding Boulders payment

2085306 · January 7, 2025
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Summary

The Boone City Council approved a $220,000 hotel‑motel funding allocation that reallocates reserves to finish a longstanding Boulders payment and distributes grants to tourism and community organizations.

The Boone City Council approved a $220,000 distribution from the city's hotel‑motel revenue pool on a motion to adopt the spending plan, with staff directed to use hotel‑motel reserves for a final payment tied to the Boulders obligation and to draw general‑fund dollars to cover selected allocations.

Staff member Andrea told the council the city has four obligated recipients that must be funded from hotel‑motel proceeds: Aims Regional Alliance, the Convention and Visitors Bureau (CVB), Main Street and Boone County Economic Growth. Andrea said the starting proposal was $200,000 and recommended the council consider a $220,000 allocation to meet requests.

Council membe…

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