Proposition B - Hotel Occupancy Tax

Authorizing Bexar County, Texas to provide for the planning, acquisition, establishment, development, construction, or renovation of a new multipurpose arena designed primarily as the home venue for the San Antonio Spurs basketball team, and to be used for other purposes including, but not limited to, facilities for semi-professional, collegiate, and amateur basketball games, concerts, entertainment events, community events, and conventions (the "Arena Venue Project"), and related infrastructure, a venue project of the type described in and as authorized by Chapter 334, Texas Local Government Code, as amended (the "Act") and as designated and described by the County's resolution dated June 10, 2025 (the "Resolution"); and (i) to increase the County hotel occupancy tax to a maximum rate of two percent (2%), for the purpose of financing the Arena Venue Project and approving the Resolution, pursuant to Subchapter H of the Act, and if approved, the maximum hotel occupancy tax rate imposed from all sources in Bexar County would be 17.00% of the price paid for a room in a hotel; and (ii) to authorize the use of the existing County short-term motor vehicle rental tax at a maximum rate of five percent (5%) on the gross rental receipts from the rental of motor vehicles in Bexar County, pursuant to Subchapter E of the Act, for the purpose of financing the Arena Venue Project, and approving the resolution.