Primary Department: Management and Budget
Primary Department Head/Elected Official: Daniel Ramos, Executive Director, Office of Management and Budget
Secondary Department: N/A
Secondary Department Head/Elected Official: N/A
Regular or Supplemental RCA: Regular RCA
Type of Request: Policy
Project ID (if applicable): N/A
Vendor/Entity Legal Name (if applicable): N/A
MWBE Contracted Goal (if applicable): N/A
MWBE Current Participation (if applicable): N/A
Justification for 0% MWBE Participation Goal: N/A - Goal not applicable to request
Grant Indirect Costs Rate (if applicable): N/A
Justification for 0% Grant Indirect Costs Rate (if applicable): N/A - Not a grant item
Request Summary (Agenda Caption):
title
Request for approval to pay the February 2026 debt service payments for Hotel Occupancy Tax (HOT) bonds in an amount not to exceed $4,037,679 and to wire payments to the paying agent on or before the due date of February 15, 2026.
end
Background and Discussion:
HOT Debt service payments due on February 15, 2026:
622,000.00
Tax & Sub Lien Revenue CO, Series 2022
2,485,000.00
Tax & Sub Lien Revenue Refunding Bonds, Series 2022A
930,178.30
HOT Senior Lien Rev Bonds, Taxable Series 2024
4,037,678.30
Expected Impact: N/A
Alternative Options: N/A
County Strategic Plan Goal: N/A
County Strategic Plan Objective: N/A
Justice/Safety Initiative (Goal 1): Choose an item.
Infrastructure Initiative (Goal 2): Choose an item.
Economy Initiative (Goal 3): Choose an item.
Health Initiative (Goal 4): Choose an item.
Climate/Resilience Initiative (Goal 5): Choose an item.
Housing Initiative (Goal 6): Choose an item.
Additional notes related to the Strategic Plan:
Prior Court Action (if any):
Date
Agenda Item #
Action Taken
Location:
Address (if applicable):
Precinct(s): Choose an item.
Fiscal and Personnel Summary
Service Name
Debt Service
Current Fiscal Year Cost
Annual Fiscal Cost
Labor
Non-Labor
Total
Re...
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