The town may use the proceeds of the tax to defray the cost of:
(A) Collecting and otherwise administering the tax, including the performance of audits required by the Lodger’s Tax Act being NMSA §§ 3-38-13 through 3-38-24, pursuant to guidelines issued by the Department of Finance and Administration;
(B) Establishing, operating, purchasing, constructing, otherwise acquiring, reconstructing, extending, improving, equipping, furnishing or acquiring real property or any interest in real property for site or grounds for tourist-related facilities, attractions or transportation systems of the town or county;
(C) The principal of and interest on any prior redemption premiums due in connection with and any other charges pertaining to revenue bonds authorized by NMSA § 3-38-23 or § 3-38-24;
(D) Advertising, publicizing and promoting tourist-related attractions, facilities and events of the town and tourist facilities within the area;
(E) Providing police and fire protection and sanitation service for tourist-related events, facilities and attractions located in the town; or
(F) Any combination of the foregoing purposes or transactions stated in this section, but for no other municipal purpose.
(Ord. 622, passed 1-15-2002; Am. Ord. 666, passed 2-11-2009)