yuba-village-resolution-2022-12-20_0a9.pdf
Yuba City Hotel Receives $1.25M Tax Reimbursement
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Description
Yuba City Hotel, L.P. to receive $1.25M TOT reimbursement, 15 years. The City of Yuba City has approved a Transient Occupancy Taxes (TOT) Reimbursement Agreement with Yuba City Hotel, L.P. to support the operation of a 90-room hotel. The agreement includes a reimbursement of TOT generated by the hotel, with specific conditions and limitations.
Contract Details
Contract Amount
$1,250,000
Vendor
YUBA CITY HOTEL
Agency
Yuba village, WI
Contract Type
Reimbursement
Document Date
December 20, 2022
Contract Term
15 years
Renewal Date
NA
Renewal Info
Extend the commencement of operation date of the Hotel to January 1, 2024
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