Hotel Tax Incentive for Caterpillar Summit
City Council meeting · Tuesday, September 8 at 6:30 PM
The decision
Should Bastrop offer up to $45,000 in hotel tax money to secure Caterpillar’s 2028 Leadership Summit at Hyatt Regency Lost Pines Resort & Spa?
Who notices: Resort workers and Bastrop businesses serving visitors could notice the event’s local impact.
We used AI to help explain this decision using official city records.
How the council voted
Passed5–0 September 8, 2026
The council approved a hotel occupancy tax incentive of up to $45,000 to secure the Caterpillar Inc. Leadership Summit 2028 at Hyatt Regency Lost Pines Resort & Spa.
0 Yes · 0 No · 0 Didn't vote
- Perry LowePlace 1 (citywide)Didn't vote
- Cynthia MeyerPlace 2 (citywide)Didn't vote
- Kevin PlunkettPlace 3 (citywide)Didn't vote
- Kerry FosslerPlace 4 (citywide)Didn't vote
- John KirklandPlace 5 (citywide)Didn't vote
Each council member's vote, as recorded by the City of Bastrop.
What happens next
The decision stands. City staff now carry it out; timing depends on the item, so check the official agenda for dates. You can still email your council member to say thanks or share concerns.
Benefits and concerns
Potential benefits
Resort employees
Resort employees could have more work serving summit guests if the incentive helps bring the event there.
This group could benefit or face problems, based on the proposal. This is not a claim about what the group thinks.
Possible concerns
Bastrop businesses outside the resort
Businesses outside the resort may gain little from the incentive if attendees stay on the resort grounds.
This group could benefit or face problems, based on the proposal. This is not a claim about what the group thinks.
What changes for you
The city would authorize a hotel tax incentive capped at $45,000 to attract the summit.
Where we got this information
We used AI to help explain this decision using official city records from Bastrop. A person has not checked this explanation yet.
R-2026-131
Read the City's own words
Consider and act on Resolution No. R-2026-131 approving a Hotel Occupancy Tax (HOT) incentive in an amount not to exceed $45,000 to secure the Caterpillar Inc. Leadership Summit 2028 at Hyatt Regency Lost Pines Resort & Spa.