Title
Greater Phoenix Convention and Visitors Bureau, doing business as Visit Phoenix
Description
For $2,170,000.00 in additional payment authority for Contract 141219 for marketing services for the Phoenix Convention Center Department (PCCD). The need for additional payment authority is due to an increase in the Hotel/Motel Excise Tax projection from the Budget and Research Department. In Fiscal Year 1998-99, City Council approved the funding formula for the Greater Phoenix Convention and Visitors Bureau, doing business as Visit Phoenix, contract. The current City Council-adopted formula is based on 60 percent of PCCD's portion of the Hotel/Motel Excise Tax collections, utilizing a three-year rolling average, of which five percent is dedicated to a Phoenix Convention Center Marketing Fund. Through this long-standing public/private partnership, Visit Phoenix has efficiently provided marketing services for the Phoenix Convention Center and its predecessor, Phoenix Civic Plaza since 1968.