a. All of the three (3%) percent transient room taxes received from the operation of the hotel located adjacent to the Convention Center of Bowling Green/Warren County (currently the Holiday Inn University Plaza) shall be allocated to the Bowling Green Area Convention and Visitors Bureau for nonprofit, tourism-related special projects in Bowling Green and Warren County that are projected to increase overnight stays at Bowling Green and Warren County hotels, motels and related facilities. All of the three (3%) percent transient room taxes received from the operation of the hotel located adjacent to the Convention Center of Bowling Green/Warren County shall be placed in a special project account and shall not be a part of the general operating budget of the Bowling Green Area Convention and Visitors Bureau. All nonprofit, tourism-related special projects receiving funding from this account shall be recommended by the Bowling Green Area Convention and Visitors Bureau and approved by the Board of Commissioners of the City of Bowling Green and Warren County Fiscal Court.
b. All of the three (3%) percent transient room tax not allocated or disbursed by the Chief Financial Officer as approved by the Board of Commissioners, upon the advice and consent of the Bureau, relating to this Section which is collected by the City of Bowling Green shall be paid out to the Bowling Green Area Convention and Visitors Bureau within thirty (30) days after the end of each month. Late payments collected by the City of Bowling Green shall be paid out within fifteen (15) days after receipt. Any legal fees and costs and any audit fees and costs incurred in the administration of this tax or in the collection of delinquent accounts shall be paid by the Bowling Green Area Convention and Visitors Bureau. Accordingly, the Bowling Green Area Convention and Visitors Bureau may commence and prosecute collection actions on delinquent accounts in its own name in civil and bankruptcy courts through attorneys, auditors and accountants retained by it. All receipts, payments and control utilized by the City relating to the collection of the room tax and special room tax shall be included in the annual audit for the City as prescribed by State law.
(Ord. BG2020-23, 9/1/2020)