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North Lake Tahoe TBID renewed and 10‑year TOT advisement MOU approved by Placer supervisors
Summary
After a public hearing and a successful petition drive, Placer supervisors renewed the North Lake Tahoe Tourism Business Improvement District and approved a 10‑year memorandum with the North Tahoe Community Alliance to advise use of a portion of East Placer TOT revenues for housing, workforce and transportation.
The Placer County Board of Supervisors on Dec. 9 approved two closely related items affecting tourism funding in the North Lake Tahoe area: renewal of the North Lake Tahoe Tourism Business Improvement District (TBID) and a 10‑year memorandum of understanding with the North Tahoe Community Alliance (NTCA) to advise on use of a portion of Transient Occupancy Tax (TOT) revenues.
County staff said the TBID renewal was supported by a weighted petition drive that exceeded…
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