After months of delays that led the city to threaten placing liens on three local hotel properties, the Grayson Tourism Commission has received all of their tax revenue, including late fees, from one of the hotels.
The Super 8 motel has fully paid their bill, board member Dustin Howard told the Journal-Times last week. The other two hotels, EconoLodge and Quality Inn & Suites, haven't yet paid the commission all of the money they owe, but they are in the process of doing so and have paid “most of their late fees,” Howard said.
Howard said the commission has started releasing their grant funds for events, including paying the Carter County Fair Board money they had previously promised to the board but were unable to disburse at the time of the fair.
“We actually have more money now, because of the late fees,” Howard said.
He said the money actually started coming in last month, and that the commission did not have to move forward with their plans to put liens on the properties.
“They had already talked with the mayor and the city before our last meeting,” Howard said of the Super 8 motel.
Other grant recipients who will benefit from the hotels remitting their tax revenue will be the Funtoberfest event, organized by the Grayson Rotary Club, and the Grayson Fire Department's Hometown Holidays light display.
Tax dollars collected from the motel tax comes mostly from out of town visitors who stay at the establishments while visiting town. While the money is collected by the city of Grayson, it is then distributed to the tourism commission and required by statute to be used for events that help draw tourism, and tourism dollars, to the city.
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