SUMMIT COUNTY RESTAURANT AGENDA Summit County Restaurant Tax Advisory Committee Friday, March 8, 2024 NOTICE is hereby given that the Summit County RAP Tax Cultural Committee will meet electronically, via Zoom, and at the anchor location of Summit County Sheldon Richins Building 1885 W Ute Blvd Park City, UT 84098 Room 133 To participate ini the meeting: Join Zoom: Meeting ID: 7079146 6500 Passcode: 010124 Or dial: 16 6699009128US htps/summitountyutzcomus//0/914150Ppwd-WUFSVmpwurSPanirchhINWVBbVZiZz09 5:00 PM- 6:00 PM - 2024 Restaurant Tax Grant Informational Workshop. 6:00 PM - Meeting Adjourned Members of the Committee will attend by electronic means, using Zoom (phone or video). Such members mayj fully participate in the proceedings asi ifA physically present. Individuals with questions, comments, or needing special accommodations pursuant tot the Americans with Disabilities Act regarding this meeting may contact Amy. Jones at4 435-336-3042 Posted: March 6, 2024 9 A - Program Overview Summit County Restaurant Tax was authorized by the b mTI LEERTY Utah State Legislature in.1991. Z010 The collection of said tax in Summit County by the Board of County Commissioners in June of 1992 by ordinance 198A, and by subsequently enacted ordinances, as codified in title 3, chapter 3, article B (Ord. 749-A, 12-15-2010) Summit County Commission implemented the 1% tax to be charged on all restaurant sales within Summit County. This includes all restaurants, bars, quick service, fast food and taverns. 2 Eligibility Minimum requirements for applant/APplcationsto the Restaurant Tax Grant include: A. The entity applying and receiving the awarded funds must be a not-for-profit organization, government entity, or government subdivision; B. Upon applying for funding for an event, it is strongly encouraged that Inl limited circumstances, events and promotions outside of Summit Countypromoting tourism. within Summit County. will be considered C.F Revenue from the imposition of the taxes may be used for: financing tourism promotion; and the development, operation, and maintenance of: 1) an airport facility, 2) a convention facility, 3) a cultural facility, 4)ar recreation facility, or 5) a tourist facility as those terms are defined by title 3, chapter 3, article B of this Code. (Ord. 810-B, 6-13-2018) said event take place within Summit County. 3 N 8 O W : : a - a 5O a bo E C 3 3 e : 3 O a C ) 9 S 2 A * LE 8 & e 2 8 @ 3 J n S @ e E o E O D E I a - Financial Review "Financial Reporting Guidelines" will be sent to you with your Agreement. This document outlines what to provide to the County within a calendar year - to ensure the money was spent in accordance with the Agreement. The financial report shall be submitted online at tp//summitcountyorg/6/estaurant-lax-Grant 2-40-5: RESTAURANTTAXAPPLICATION PROCESS: B.Any applicant that has received a grant pursuant to this chapter. from the County Council is required to submit a written financial report detailing the use of the granted funds with supporting documentation showing that the funds were spent in accordance with any restrictions associated with the grant as outlined in the agreement. Itis mandatory that the applicant submit the financial report on the form provided by the County; no other financial reports shall be accepted. The financial report tshall be submitted to the County. Manager either when the project detailed in the granti is completed or no later than eighteen (18) months after.the County Council's approval. Untimelys submitted financial reports shall result in a ten percent (10%) penalty in the event the applicant I receives funding. The ten percent (10%) penalty shall be applied to the next year'sfunding allocation. Financial reports received afterjanuary1sth: shall automatically disqualify the applicantfrom eligibility for Restaurant Taxj funding during the next grant cycle. 6 9 U 00 E 0 0 o - 0 o O a e o S NW o @ 6 C S s : @ n e Df e 8 U 3 L E 8 e E