The County Treasurer shall forthwith establish a Convention, Recreation, and Visitor Promotion Fund. The Treasurer shall deposit in this Fund all amounts received under this section. Money in this Fund, including but not limited to tax receipts in § 34.45(A) and any accumulated income therefrom, may be expended only to promote and encourage industrial development within the county and the respective municipalities located therein. Expenditures of funds so collected shall be as set forth in a budget to be submitted annually to the County Council for its review and subject to its approval, and no expenditure may be made using such funds unless in accordance with an appropriation made by the County Council in the manner provided by law.
(Ord. 93-13, passed 10-19-1993)