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Any community desiring to join Twin Cities Gateway, is required to adopt a 3.0% lodging tax. This is a statewide <br />requirement for any city wishing to join any CVB organization. This would be added to the current sales tax paid <br />by customers. Comfort Suites appears to be supportive of implementing this revenue change. It is estimated that <br />this would generate approximately $24,000 based upon last year's gross revenues. Per statute, the City Council <br />would be required to hold three public hearings regarding implementing this lodging tax. <br />Staff Recommendation: <br />Staff recommends that the EDA adopt a motion recommending that the City Council consider joining the Twin <br />Cities Gateway CVB. <br />EDA Action: <br />The Ramsey EDA adopt a motion recommending that the City Council consider joining the Twin Cities Gateway <br />CVB. <br />Attachments <br />Twin Cities Gateway Website & Map <br />Twin Cities Gateway Community Info <br />Twin Cities Gateway - Sample Activities <br />Form Review <br />Inbox Reviewed By Date <br />Aaron Backman (Originator) Aaron Backman 02/05/2012 12:31 PM <br />Form Started By: Aaron Backman Started On: 02/03/2012 04:06 PM <br />Final Approval Date: 02/05/2012 <br />