HomeMy WebLinkAbout12 & 13 - NB Tourism BID's Management District Plan - PowerPointAgenda Item No. 12 & 13
January 28, 2014
Newport Beach City Council
January 28, 2014
Newport Beach Tourism District
Improvement District
(NBTBID)
if approved,
Item 20 — Amendment to the City -Visit Newport
Beach agreement for tourism promotion, branding
and marketing
Agreement funded through Transient Occupancy Tax
(TOT), not NBTBID assessments
Modifies the Management District Plan to
shorten the N BTBI D's current term
Would expire January 31, 2014
Renews the N BTBI D
10 -year term (through 1/31/24)
3% assessment rate
Add Island Hotel Newport Beach