South Padre Island Eligible to Collect Additional Revenue from State Hotel Tax

IMG_2636Texas Governor Rick Perry signed House Bill 3042, making the City of South Padre Island eligible to collect an additional one percent revenue from the state hotel occupancy tax, for a total two percent. The two percent in funding goes toward the cleaning, maintenance of and erosion control of the City’s beaches, which are set to increase by 25% as the City extends its city limits. The City currently spends more than $1 million a year in maintenance and nourishment projects to preserve the beaches, which are a state asset.

City of South Padre Island Mayor Robert N. Pinkerton, Jr. said the passing of this bill, which he attributes to a great team effort, is an incredible accomplishment in this economic environment.

“I want to thank the Governor, Lt. Governor, and of course those that carried the bill through the legislative body, Senator Lucio, Representative Rene Oliveira, and Representative Lucio lll,” said Pinkerton. “Clint Smith with HillCo, our political consultant did an incredible job of keeping it on track for approval.”

The funding brings added revenue to the City, but the benefits extend outside South Padre Island.

“The rebate of the state hotel/motel tax will be used to maintain Texas beaches of which we are the stewards in deep South Texas,” said Pinkerton “As we move northward up the coast expanding our city limits, we will have the funds to keep our beaches well nourished, clean, and usable for the people of Texas that visit here, as well as those from all over the country and Mexico.”

Mayor Pro-Tem Jo Ann Evans adds that the Island’s primary industry is tourism, making beach maintenance especially important.

“The beach is the basis for our tourism economy, but costs to maintain the beach continue to escalate,” said Evans. “This additional state funding will assist us in preserving this valuable state asset. We firmly believe that investing in beach maintenance and preservation pays dividends in terms of the jobs and revenue that our tourism-based economy generates.”

HB 3042 was authored by State Representative Rene Oliveira and State Representative Eddie Lucio, III. State Senator Eddie Lucio, Jr. sponsored the bill, which was signed by Governor Rick Perry on June 14, 2013.

This information was provided by “Eye on SPI” which is a great newsletter from the city. Check it out at http://www.myspi.org/eGov/apps/document/center.egov?view=item;id=2011

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About padreeliteteam

Alta Monroe, Gayle Hood, Jules Wilk & Laurie Howell are a full-time professional and dynamic team known as the Padre Elite Team with RE/MAX 1st Choice in South Padre Island. Quality service for their clients is their number one priority. To them, it is about the client's needs and protecting their interests. Finding just the right property for their buyers or helping their sellers get their property SOLD is their goal. Helping clients step through the complicated process of buying or selling a property to a smooth closing is essential to them. A personal Bio on each of the team agents is posted on their website at www.PadreEliteTeam.com. The South Padre Island real estate industry is changing faster than ever these days. With the changes in the economy, there are new challenges with buyers, sellers, foreclosures, short sales, Internet marketing, our education, increases in inventories, changes in comparable sales, and frustrating politics. Alta, Gayle, Laurie, and Jules strive to stay on top of all of these changes and to keep in touch with their clients. Alta, Gayle, Jules & Laurie all hold designations they have acquired through eduction. These designations include CLHMS, CRS, GRI, RSPS, CPN, ePRO, SFR and RSPS. Gayle and Jules both hold the CLHMS (Certified Luxury Home Marketing Specialist) designation and they are the ONLY agents in the entire Rio Grande Valley that are members of the Institute of Luxury Home Marketing. This better qualifies them to share their specialized expertise with a luxury home seller or buyer. Making sure the buyer and the seller are represented correctly is a priority for this team. Investing in TREPAC (Texas Real Estate Political Action Committee) is important to this team since TREPAC has proven to be a major force in Texas by lobbying for Realtors and property rights for the consumer. For many years, the Padre Elite Team has been a major investor in TREPAC. Alta and Gayle have attended the National Association of Realtors Mid-Year Conference in Washington, D.C. often. The conference is primarily for Realtors that are Board directors or executives. It is a great way to stay on top of the current issues facing Realtors and homeowners in our country. They get to meet with their Senators and Congressmen to express their concerns. Last year they were invited to attend the Realtor PAC President’s Circle Conference in New York where they heard many famous guest speakers regarding current real estate issues. The Padre Elite Team also attends the RE/MAX International Conference each year to acquire more education and to keep up with the latest technology available to Realtors in the Marketplace. They have received numerous awards for being Top Producers in the real estate industry. Education is a priority for this entire team including their assistant, Grace. The GOOD news is that 2012, 2013, 2014 and now 2015 proved to be better each year for real estate sales in South Padre Island and the surrounding areas of Port Isabel, Laguna Vista/South Padre Island Golf Community, and Bayview. The real estate market is showing an increase in the number of sales and a leveling of values. Now that the market has hit the bottom, investors are finding that real estate is a great place to invest their money. It is still a buyer's market and a great time to buy. Alta, Gayle, Jules & Laurie all agree that it has been such a pleasure to live & work in a resort area such as South Padre Island. A hundred of your closest friends and family will visit when you live near the beach! Clients are always encouraged to contact them. For more information about this team and to view their blog, visit www.PadreEliteTeam.com.
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